Centuri Holdings shareholders approve 2026 meeting items
Centuri Holdings, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on May 19, 2026.
Accepted by SEC EDGAR
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Form Type
8-K
Rhea-AI Filing Summary
Centuri Holdings, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on May 19, 2026. Holders of 89,191,565 shares of common stock were represented in person or by proxy.
Stockholders elected all nine director nominees, including Christian I. Brown and Steven E. Nielsen. They also approved, on a non-binding advisory basis, the Company’s executive compensation, approved the Employee Stock Purchase Plan, and ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending January 3, 2027.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares represented: 89,191,565 shares
Say-on-pay support: 81,739,904 shares for
ESPP approval votes: 82,667,689 shares for
+3 more
6 metrics
Shares represented
89,191,565 shares
Common stock represented at 2026 Annual Meeting
Say-on-pay support
81,739,904 shares for
Advisory vote to approve executive compensation
ESPP approval votes
82,667,689 shares for
Approval of Employee Stock Purchase Plan
Auditor ratification votes
88,657,442 shares for
Ratification of PricewaterhouseCoopers LLP
Votes for director Brown
82,595,826 shares for
Election of director Christian I. Brown
Votes for director Nielsen
82,595,890 shares for
Election of director Steven E. Nielsen
Key Terms
broker non-votes, non-binding, advisory basis, Employee Stock Purchase Plan, independent registered public accounting firm
4 terms
broker non-votes financial
"Broker Non-Votes 81,739,904 | 936,157 | 13,323 | 6,502,181"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
non-binding, advisory basis financial
"approved, on a non-binding, advisory basis, the Company’s executive compensation"
A non-binding, advisory basis means a recommendation or decision that carries no legal force and does not obligate the parties to act; it’s similar to a friendly suggestion rather than a signed promise. For investors, this matters because such guidance can influence market expectations and management plans but offers no guarantee of follow-through, so investors should treat it as informative input rather than a firm commitment.
Employee Stock Purchase Plan financial
"approved the Company’s Employee Stock Purchase Plan (the “ESPP”)"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
independent registered public accounting firm financial
"ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Centuri Holdings (CTRI) stockholders vote on at the 2026 Annual Meeting?
Centuri Holdings stockholders voted on four key items: election of nine directors, an advisory vote on executive compensation, approval of an Employee Stock Purchase Plan, and ratification of PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending January 3, 2027.
Were all Centuri Holdings (CTRI) director nominees elected at the 2026 meeting?
All nine Centuri Holdings director nominees were elected. Each received more votes “For” than “Withheld,” including Christian I. Brown with 82,595,826 votes for, and Steven E. Nielsen with 82,595,890 votes for, alongside broker non-votes recorded on each director proposal.
Did Centuri Holdings (CTRI) stockholders approve executive compensation in 2026?
Centuri Holdings stockholders approved the company’s executive compensation on a non-binding, advisory basis. The vote totaled 81,739,904 shares for, 936,157 against, and 13,323 abstentions, with 6,502,181 broker non-votes recorded on this compensation proposal at the 2026 Annual Meeting.
Was the Centuri Holdings (CTRI) Employee Stock Purchase Plan approved?
Stockholders approved the Centuri Holdings Employee Stock Purchase Plan. Voting results were 82,667,689 shares for, 17,457 against, and 4,238 abstentions, with 6,502,181 broker non-votes. This authorization permits eligible employees to participate in purchasing company stock under the plan’s terms.
Which auditor did Centuri Holdings (CTRI) stockholders ratify for fiscal 2026?
Centuri Holdings stockholders ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending January 3, 2027. The ratification received 88,657,442 votes for, 522,189 against, and 11,934 abstentions, reflecting strong support for continuing with the same audit firm.
AI-generated analysis. How Rhea-AI works. Not financial advice.
