Centuri (CTRI) director builds stake as 7,338 RSUs vest, 4,067 granted
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Centuri Holdings, Inc. director Christopher A. Krummel increased his equity stake through RSU activity and a new grant. On May 18, 2026, 7,338 restricted stock units granted on April 16, 2025 vested and were settled into 7,338 shares of common stock at a conversion price of $0.00 per share, reflecting equity compensation rather than a market purchase. On May 19, 2026, he received a new grant of 4,067 restricted stock units that are each the economic equivalent of one share of common stock. Following these transactions, he directly owns 20,809 shares of Centuri common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,338 shares exercised/converted
Mixed
3 txns
Insider
Krummel Christopher A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,067 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,338 | $0.00 | -- |
| Exercise | Common Stock | 7,338 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,809 shares (Direct, null);
Restricted Stock Units — 0 shares (Direct, null)
Footnotes (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. 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
Post-transaction holdings: 20,809 shares
+2 more
5 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
Post-transaction holdings
20,809 shares
Common stock directly owned after reported transactions
Exercise price
$0.00 per share
Conversion of RSUs into common stock
RSU exercise shares
7,338 shares
Exercise/conversion count from transaction summary
Key Terms
Restricted Stock Units, Omnibus Incentive Plan, economic equivalent
3 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
"granted 7,338 restricted stock units ("RSUs") pursuant to the Omnibus Incentive Plan"
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"
FAQ
What insider activity did Centuri (CTRI) disclose for Christopher A. Krummel?
Centuri reported that director Christopher A. Krummel increased his holdings through restricted stock unit vesting and a new RSU grant, acquiring common shares as equity compensation rather than through open-market purchases or sales, and ending with 20,809 directly owned common shares.
How many restricted stock units vested for Christopher A. Krummel at Centuri (CTRI)?
On May 18, 2026, 7,338 restricted stock units from an April 16, 2025 grant vested and were settled into 7,338 shares of Centuri common stock, reflecting compensation-based equity rather than a cash transaction or market trade, and eliminating that RSU position.
What new RSU award did Christopher A. Krummel receive from Centuri (CTRI)?
On May 19, 2026, Christopher A. Krummel was granted 4,067 restricted stock units under Centuri’s Omnibus Incentive Plan. Each RSU is the economic equivalent of one Centuri common share and will be settled by delivering one share of common stock in the future.