Centuri Holdings, Inc.·4

May 20, 6:30 PM ET

Krummel Christopher A 4

Research Summary

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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.