Centuri director receives stock awards and RSUs

Evans Andrew W reported acquisition or exercise transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

Evans Andrew W reported acquisition or exercise transactions in this Form 4 filing.

Centuri Holdings, Inc. director Andrew W. Evans reported stock-based compensation activity. On May 18, 2026, 7,338 restricted stock units granted on April 16, 2025 vested and were settled one-for-one into 7,338 shares of common stock. On May 19, 2026, he received a new grant of 4,067 restricted stock units, each economically equivalent to one share of common stock and to be settled in shares. Following these transactions, Evans directly holds 18,309 shares of Centuri common stock.

Insider Trade Summary

7,338 shares exercised/converted

Exercise 3 txns

Insider Evans Andrew W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,067	$0.00	$0.00
Exercise	Restricted Stock Units	7,338	$0.00	$0.00
Exercise	Common Stock	7,338	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 18,309 shares (Direct)

Footnotes (2)

F1. On April 16, 2025, the Reporting Person was granted 7,338 restricted stock units ("RSUs") pursuant to the Omnibus Incentive Plan (the "Plan") of Centuri Holdings, Inc. (the "Issuer"), which vested in full on May 18, 2026 (the "2025 RSU Grant"). Each RSU subject to the 2025 RSU Grant is the economic equivalent of one share of the Issuer's common stock. Pursuant to the applicable RSU award agreement by and between the Issuer and the Reporting Person, shares of the Issuer's common stock were delivered on a one-for-one basis upon the settlement of the 2025 RSU Grant.
F2. Represents the grant of RSUs pursuant to the Plan 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 vested and settled: 7,338 units/shares New RSU grant: 4,067 units Shares held after transactions: 18,309 shares +1 more

4 metrics

RSUs vested and settled 7,338 units/shares 2025 RSU grant vested and settled on May 18, 2026

New RSU grant 4,067 units 2026 RSU Grant on May 19, 2026

Shares held after transactions 18,309 shares Common stock directly owned following May 2026 events

Derivative exercises 7,338 shares Shares acquired via RSU exercise/conversion on May 18, 2026

Key Terms

Restricted Stock Units, Omnibus Incentive Plan, economic equivalent, Exercise or conversion of derivative security

4 terms

Restricted Stock Units financial

"Represents the grant of RSUs pursuant to the Plan on May 19, 2026"

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 (the "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 subject to the 2026 RSU Grant is the economic equivalent of one share"

Exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

FAQ

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

What insider transactions did Centuri (CTRI) director Andrew W. Evans report?

Andrew W. Evans reported equity compensation-related acquisitions. 7,338 restricted stock units vested and were settled into common shares, and he received a new grant of 4,067 restricted stock units, all relating to Centuri’s Omnibus Incentive Plan.

How many Centuri (CTRI) shares does Andrew W. Evans hold after this Form 4?

After these transactions, Andrew W. Evans directly holds 18,309 shares of Centuri common stock. This total reflects settlement of 7,338 previously granted restricted stock units and does not include the new 4,067 restricted stock units, which will settle in shares later.

What happened to the 7,338 restricted stock units reported for Centuri (CTRI)?

The 7,338 restricted stock units granted on April 16, 2025 fully vested on May 18, 2026 and were settled into 7,338 shares of Centuri common stock on a one-for-one basis, leaving no remaining units outstanding from that specific 2025 award.

What are the terms of Andrew W. Evans’ new 4,067 RSU grant at Centuri (CTRI)?

The 4,067 restricted stock units granted on May 19, 2026 are issued under Centuri’s Omnibus Incentive Plan. Each unit is economically equivalent to one share of common stock and will be settled by delivering one share of Centuri common stock per unit.

Does this Centuri (CTRI) Form 4 show any stock sales by Andrew W. Evans?

This Form 4 does not report any stock sales. It reports equity compensation events: the vesting and share settlement of 7,338 restricted stock units from a 2025 grant and a new grant of 4,067 restricted stock units to Andrew W. Evans.

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

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Accepted by SEC EDGAR 05/20/2026 - 06:31 PM EDT

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^*

Evans Andrew W

(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)
05/18/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/18/2026		M		7,338	A	⁽¹⁾	14,242	D
Common Stock	05/19/2026		A		4,067⁽²⁾	A	$0	18,309	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/18/2026		M			7,338	⁽¹⁾	⁽¹⁾	Common Stock	7,338	$0	0	D

Explanation of Responses:

1. On April 16, 2025, the Reporting Person was granted 7,338 restricted stock units ("RSUs") pursuant to the Omnibus Incentive Plan (the "Plan") of Centuri Holdings, Inc. (the "Issuer"), which vested in full on May 18, 2026 (the "2025 RSU Grant"). Each RSU subject to the 2025 RSU Grant is the economic equivalent of one share of the Issuer's common stock. Pursuant to the applicable RSU award agreement by and between the Issuer and the Reporting Person, shares of the Issuer's common stock were delivered on a one-for-one basis upon the settlement of the 2025 RSU Grant.

2. Represents the grant of RSUs pursuant to the Plan 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 Andrew W. Evans	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)

Source: View Original Filing on SEC EDGAR