Krummel Christopher A 4
4 · Centuri Holdings, Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Centuri (CTRI) Director Christopher Krummel Settles RSUs, Receives Grant
What Happened
Christopher A. Krummel, a director of Centuri Holdings, reported the settlement/conversion of 7,338 restricted stock units (RSUs) into shares on May 18, 2026 (recorded as derivative exercise/conversion entries at $0). The filing also shows a new grant of 4,067 RSUs on May 19, 2026 (awarded at $0). No cash purchase or open-market sale is reported.
Key Details
- Transaction dates and types:
- 2026-05-18: 7,338 RSUs vested/converted to shares (reported as derivative exercise/conversion entries).
- 2026-05-19: Grant of 4,067 RSUs (award/grant; to be settled in shares).
- Prices/values: both settlements/grants reported at $0 per share (compensation awards, not purchases).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: The 7,338 RSUs were granted 4/16/2025 and vested in full on 5/18/2026; shares were delivered one-for-one upon settlement.
- F2: The 4,067 RSUs represent a new RSU grant on 5/19/2026 and will be settled in shares.
- Filing timeliness: Form 4 was filed 5/20/2026 for transactions on 5/18–5/19 — appears timely (filed within the typical 2-business-day window).
Context
RSU settlements and new RSU grants are compensation events, not open-market buys or sales; they do not necessarily indicate immediate buying or selling sentiment. The filing does not show any immediate sale of the settled shares.
Insider Transaction Report
Form 4
Krummel Christopher A
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-05-18+7,338→ 16,742 total - Award
Common Stock
[F2]2026-05-19+4,067→ 20,809 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-05-18−7,338→ 0 total→ Common Stock (7,338 underlying)
Footnotes (2)
- [F1]On April 16, 2025, the Reporting Person was granted 7,338 restricted stock units ("RSUs") pursuant to the Omnibus Incentive Plan (the "Plan") of Centuri Holdings, Inc. (the "Issuer"), which vested in full on May 18, 2026 (the "2025 RSU Grant"). Each RSU subject to the 2025 RSU Grant is the economic equivalent of one share of the Issuer's common stock. Pursuant to the applicable RSU award agreement by and between the Issuer and the Reporting Person, shares of the Issuer's common stock were delivered on a one-for-one basis upon the settlement of the 2025 RSU Grant.
- [F2]Represents the grant of RSUs pursuant to the Plan on May 19, 2026 (the "2026 RSU Grant"). Each RSU subject to the 2026 RSU Grant is the economic equivalent of one share of the Issuer's common stock and will be settled by delivery of one share of the Issuer's common stock.
Signature
/s/ Jason S. Wilcock, as attorney-in-fact for Christopher A. Krummel|2026-05-20