Centuri director granted 5,290 RSUs

NIELSEN STEVEN E reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 05/20/2026 - 06:28 PM EDT Learn about SEC filing dates

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.

Insider Trade Summary

Grant/Award: 5,290 shares

Grant/Award 1 txn

Insider NIELSEN STEVEN E

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,290	$0.00	$0.00

Holdings After Transaction: Common Stock — 5,290 shares (Direct)

Holdings Before and After: Common Stock, 0 to 5,290 shares (Direct)

Footnotes (1)

1. F1. Represents the grant of restricted stock units ("RSUs") pursuant to the Omnibus Incentive Plan of Centuri Holdings, Inc. (the "Issuer") 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.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Centuri Holdings (CTRI) shares are tied to Steven E. Nielsen’s new RSU grant?

The grant covers 5,290 restricted stock units, each equal to one share of Centuri common stock. When settled, the RSUs will deliver 5,290 shares, aligning the director’s compensation with shareholder value.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

NIELSEN STEVEN E

(Last) (First) (Middle)

19820 NORTH 7TH AVENUE

SUITE 120

(Street)

PHOENIX ARIZONA 85027

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Centuri Holdings, Inc. [ CTRI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/19/2026		A		5,290(1)	A	$0	5,290	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. Represents the grant of restricted stock units ("RSUs") pursuant to the Omnibus Incentive Plan of Centuri Holdings, Inc. (the "Issuer") 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.

Remarks:

	/s/ Jason S. Wilcock, as attorney-in-fact for Steven Nielsen	05/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)