Centuri Holdings (CTRI) director receives 5,290 restricted stock units as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NIELSEN STEVEN E reported acquisition or exercise transactions in this Form 4 filing.
Centuri Holdings, Inc. director Steven E. Nielsen received an equity award in the form of restricted stock units. On May 19, 2026, he was granted 5,290 RSUs, each representing the economic equivalent of one share of Centuri common stock, with settlement in an equal number of shares. Following this grant, he directly holds 5,290 shares, reflecting a compensation-related award rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NIELSEN STEVEN E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,290 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,290 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 5,290 units
Grant price per share: $0.00 per share
Shares after transaction: 5,290 shares
3 metrics
RSUs granted
5,290 units
Restricted stock unit grant on May 19, 2026
Grant price per share
$0.00 per share
Equity award, non-cash compensation
Shares after transaction
5,290 shares
Total direct holdings following the RSU grant
Key Terms
restricted stock units, Omnibus Incentive Plan, economic equivalent
3 terms
restricted stock units financial
"Represents the grant of restricted stock units ("RSUs") pursuant to the Omnibus Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Omnibus Incentive Plan financial
"pursuant to the Omnibus Incentive Plan of Centuri Holdings, Inc."
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
economic equivalent financial
"Each RSU ... is the economic equivalent of one share of the Issuer's common stock"
FAQ
What insider transaction did Centuri Holdings (CTRI) report for Steven E. Nielsen?
Centuri Holdings reported that director Steven E. Nielsen received a grant of 5,290 restricted stock units on May 19, 2026. These RSUs are a compensation-related equity award and are not an open-market stock purchase or sale.
Is Steven E. Nielsen’s Form 4 transaction in Centuri (CTRI) a stock purchase or sale?
The Form 4 transaction is not a market purchase or sale. It reflects an acquisition via a grant of 5,290 restricted stock units awarded as part of Centuri Holdings’ Omnibus Incentive Plan.
What plan governs the RSU grant reported for Centuri Holdings (CTRI) director Nielsen?
The RSU grant was made under the Omnibus Incentive Plan of Centuri Holdings, Inc. This plan provides equity-based compensation, aligning directors’ and executives’ interests with long-term company performance and shareholder outcomes.
How will Steven E. Nielsen’s RSUs in Centuri (CTRI) be settled?
Each restricted stock unit is the economic equivalent of one Centuri common share and will be settled by delivering one share. This means the 5,290 RSUs will ultimately convert into 5,290 common shares when settlement conditions are met.