STOCK TITAN

[Form 4] Centuri Holdings, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

Southwest Gas Holdings, Inc. reported the sale of 18,823,500 shares of Centuri Holdings, Inc. (CTRI) common stock on 08/11/2025 at a price of $19.50 per share. The Form 4 shows the transaction was coded as a sale and the filing lists the disposition occurred through an underwritten public offering alongside a concurrent private placement. After the reported transaction, Southwest Gas Holdings beneficially owned 27,362,210 CTRI shares. The Form identifies the reporting entity and notes the relationship to the issuer as a director-level reporting person. The disclosure is limited to the sale details and the method of distribution; no proceeds total or reasons for the sale are provided.

Southwest Gas Holdings, Inc. ha segnalato la vendita di 18,823,500 azioni ordinarie di Centuri Holdings, Inc. (CTRI) il 08/11/2025 al prezzo di $19.50 per azione. Il Modulo 4 indica che l'operazione è stata classificata come vendita e che la cessione è avvenuta tramite un'offerta pubblica sottoscritta contestualmente a un collocamento privato. Dopo l'operazione segnalata, Southwest Gas Holdings possedeva per beneficiario 27,362,210 azioni CTRI. Il modulo identifica il soggetto che segnala e specifica il rapporto con l'emittente come persona che ricopre il livello di direttore. La comunicazione si limita ai dettagli della vendita e al metodo di distribuzione; non sono forniti l'ammontare dei proventi né le ragioni della cessione.

Southwest Gas Holdings, Inc. informó la venta de 18,823,500 acciones ordinarias de Centuri Holdings, Inc. (CTRI) el 08/11/2025 a un precio de $19.50 por acción. El Formulario 4 muestra que la operación fue codificada como una venta y el documento señala que la disposición se realizó a través de una oferta pública asegurada junto con una colocación privada concurrente. Tras la transacción informada, Southwest Gas Holdings poseía a título beneficiario 27,362,210 acciones de CTRI. El formulario identifica a la entidad informante y señala la relación con el emisor como una persona informante a nivel de director. La divulgación se limita a los detalles de la venta y al método de distribución; no se proporcionan el total de los ingresos ni las razones de la venta.

Southwest Gas Holdings, Inc.08/11/2025에 Centuri Holdings, Inc. (CTRI) 보통주 18,823,500주를 주당 $19.50에 매각했다고 보고했습니다. Form 4는 거래를 매도로 분류했으며, 제출서에는 해당 처분이 인수 주관 하의 공개매각(underwritten public offering)과 동시 개인 배정(private placement)을 통해 이루어졌다고 기재되어 있습니다. 보고된 거래 이후 Southwest Gas Holdings는 실질적으로 27,362,210주의 CTRI 주식을 보유하고 있었습니다. 양식은 보고 주체를 식별하고 발행인과의 관계를 이사급 보고자(director-level reporting person)로 명시합니다. 공시는 매각 세부사항과 배포 방식에 국한되며, 총 수익액이나 매각 사유는 제공되지 않았습니다.

Southwest Gas Holdings, Inc. a déclaré la vente de 18,823,500 actions ordinaires de Centuri Holdings, Inc. (CTRI) le 08/11/2025 au prix de $19.50 par action. Le formulaire 4 indique que la transaction a été codée comme une vente et précise que la cession a eu lieu par le biais d'une offre publique souscrite accompagnée d'un placement privé simultané. Après l'opération signalée, Southwest Gas Holdings détenait à titre bénéficiaire 27,362,210 actions CTRI. Le formulaire identifie l'entité déclarante et note la relation avec l'émetteur comme une personne déclarante de niveau directeur. La divulgation se limite aux détails de la vente et au mode de distribution ; aucun montant des produits ni motif de la vente n'est fourni.

Southwest Gas Holdings, Inc. meldete den Verkauf von 18,823,500 Stammaktien von Centuri Holdings, Inc. (CTRI) am 08/11/2025 zu einem Preis von $19.50 je Aktie. Das Formular 4 weist die Transaktion als Verkauf aus und vermerkt, dass die Veräußerung im Rahmen eines von Underwritern begleiteten öffentlichen Angebots sowie einer gleichzeitigen Privatplatzierung erfolgte. Nach der gemeldeten Transaktion hielt Southwest Gas Holdings wirtschaftlich 27,362,210 CTRI-Aktien. Das Formular identifiziert die meldepflichtige Stelle und gibt das Verhältnis zum Emittenten als meldepflichtige Person auf Direktorenebene an. Die Offenlegung beschränkt sich auf die Verkaufsdetails und die Art der Verteilung; ein Gesamtbetrag der Erlöse oder Gründe für den Verkauf werden nicht genannt.

Positive
  • None.
Negative
  • None.

Insights

Large, structured disposition by a significant holder via underwritten offering.

The Form 4 documents a substantial open-market-type disposal: 18.8 million CTRI shares sold at $19.50 in an underwritten public offering with a concurrent private placement. For investors this is material because it meaningfully reduces the reporting person's beneficial stake to 27.36 million shares, and the use of an underwritten structure indicates an organized sale rather than ad hoc insider trading. The filing contains no information on proceeds allocation or post-offering intentions, so evaluation of strategic impact must await further disclosures.

Significant insider disposition raises governance and signaling considerations.

The report shows a sizable disposition by Southwest Gas Holdings recorded on Form 4. The transaction was executed through an underwritten offering and private placement, suggesting coordination with capital markets intermediaries. Such a reduction in ownership by a reporting entity that is identified in a director relationship can be viewed as a material corporate event for shareholders because it alters ownership concentration. The Form lacks commentary on any voting agreements or ongoing governance arrangements post-sale.

Southwest Gas Holdings, Inc. ha segnalato la vendita di 18,823,500 azioni ordinarie di Centuri Holdings, Inc. (CTRI) il 08/11/2025 al prezzo di $19.50 per azione. Il Modulo 4 indica che l'operazione è stata classificata come vendita e che la cessione è avvenuta tramite un'offerta pubblica sottoscritta contestualmente a un collocamento privato. Dopo l'operazione segnalata, Southwest Gas Holdings possedeva per beneficiario 27,362,210 azioni CTRI. Il modulo identifica il soggetto che segnala e specifica il rapporto con l'emittente come persona che ricopre il livello di direttore. La comunicazione si limita ai dettagli della vendita e al metodo di distribuzione; non sono forniti l'ammontare dei proventi né le ragioni della cessione.

Southwest Gas Holdings, Inc. informó la venta de 18,823,500 acciones ordinarias de Centuri Holdings, Inc. (CTRI) el 08/11/2025 a un precio de $19.50 por acción. El Formulario 4 muestra que la operación fue codificada como una venta y el documento señala que la disposición se realizó a través de una oferta pública asegurada junto con una colocación privada concurrente. Tras la transacción informada, Southwest Gas Holdings poseía a título beneficiario 27,362,210 acciones de CTRI. El formulario identifica a la entidad informante y señala la relación con el emisor como una persona informante a nivel de director. La divulgación se limita a los detalles de la venta y al método de distribución; no se proporcionan el total de los ingresos ni las razones de la venta.

Southwest Gas Holdings, Inc.08/11/2025에 Centuri Holdings, Inc. (CTRI) 보통주 18,823,500주를 주당 $19.50에 매각했다고 보고했습니다. Form 4는 거래를 매도로 분류했으며, 제출서에는 해당 처분이 인수 주관 하의 공개매각(underwritten public offering)과 동시 개인 배정(private placement)을 통해 이루어졌다고 기재되어 있습니다. 보고된 거래 이후 Southwest Gas Holdings는 실질적으로 27,362,210주의 CTRI 주식을 보유하고 있었습니다. 양식은 보고 주체를 식별하고 발행인과의 관계를 이사급 보고자(director-level reporting person)로 명시합니다. 공시는 매각 세부사항과 배포 방식에 국한되며, 총 수익액이나 매각 사유는 제공되지 않았습니다.

Southwest Gas Holdings, Inc. a déclaré la vente de 18,823,500 actions ordinaires de Centuri Holdings, Inc. (CTRI) le 08/11/2025 au prix de $19.50 par action. Le formulaire 4 indique que la transaction a été codée comme une vente et précise que la cession a eu lieu par le biais d'une offre publique souscrite accompagnée d'un placement privé simultané. Après l'opération signalée, Southwest Gas Holdings détenait à titre bénéficiaire 27,362,210 actions CTRI. Le formulaire identifie l'entité déclarante et note la relation avec l'émetteur comme une personne déclarante de niveau directeur. La divulgation se limite aux détails de la vente et au mode de distribution ; aucun montant des produits ni motif de la vente n'est fourni.

Southwest Gas Holdings, Inc. meldete den Verkauf von 18,823,500 Stammaktien von Centuri Holdings, Inc. (CTRI) am 08/11/2025 zu einem Preis von $19.50 je Aktie. Das Formular 4 weist die Transaktion als Verkauf aus und vermerkt, dass die Veräußerung im Rahmen eines von Underwritern begleiteten öffentlichen Angebots sowie einer gleichzeitigen Privatplatzierung erfolgte. Nach der gemeldeten Transaktion hielt Southwest Gas Holdings wirtschaftlich 27,362,210 CTRI-Aktien. Das Formular identifiziert die meldepflichtige Stelle und gibt das Verhältnis zum Emittenten als meldepflichtige Person auf Direktorenebene an. Die Offenlegung beschränkt sich auf die Verkaufsdetails und die Art der Verteilung; ein Gesamtbetrag der Erlöse oder Gründe für den Verkauf werden nicht genannt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Southwest Gas Holdings, Inc.

(Last) (First) (Middle)
8360 S. DURANGO DR

(Street)
LAS VEGAS NV 89113

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Centuri Holdings, Inc. [ CTRI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/11/2025 S 18,823,500 D $19.5(1) 27,362,210 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The reported securities were sold in an underwritten public offering and concurrent private placement at a price of $19.50 per share of common stock of the Issuer.
/s/ Catherine M. Mazzeo, Senior Vice President/Chief Legal, Safety & Compliance Officer and Corporate Secretary 08/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Centuri Holdings Inc

NYSE:CTRI

CTRI Rankings

CTRI Latest News

CTRI Latest SEC Filings

CTRI Stock Data

1.84B
42.15M
52.45%
30.15%
1.82%
Utilities - Regulated Gas
Natural Gas Transmission & Distribution
Link
United States
PHOENIX