Centuri Holdings (CTRI) CEO Christian Brown sells 7,108 shares in tax-related trade
Rhea-AI Filing Summary
Centuri Holdings, Inc. reported an insider stock transaction by its Chief Executive Officer and director, Christian Brown. On 12/04/2025, Brown sold 7,108 shares of Centuri common stock at a price of $24.51 per share. After this sale, he beneficially owned 22,089 shares in direct ownership.
According to the explanation, these shares were sold solely to cover tax withholding obligations arising from the vesting of restricted stock units on December 3, 2025. The filing notes that this was a “sell to cover” transaction for taxes and does not represent a discretionary trade by the reporting person.
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FAQ
What insider transaction did Centuri Holdings (CTRI) disclose in this Form 4?
Centuri Holdings, Inc. disclosed that Christian Brown, its Chief Executive Officer and director, sold 7,108 shares of common stock on 12/04/2025.
At what price were the Centuri Holdings (CTRI) shares sold and how many does the insider still own?
The 7,108 shares were sold at a price of $24.51 per share, and following the transaction Christian Brown beneficially owned 22,089 shares of Centuri common stock directly.
Why did Centuri CEO Christian Brown sell shares in this Form 4 filing?
The filing explains that the sale represents shares sold to cover tax withholding obligations in connection with the vesting of restricted stock units on December 3, 2025, through a “sell to cover” transaction.
Does the Form 4 state whether the Centuri insider trade was discretionary?
The explanation states that the sale was made to satisfy tax withholding obligations via a “sell to cover” transaction and does not represent a discretionary transaction by Christian Brown.
What is Christian Brown’s relationship to Centuri Holdings (CTRI)?
Christian Brown is identified as both a Director and an Officer of Centuri Holdings, Inc., serving as Chief Executive Officer.
Is this Centuri Holdings (CTRI) Form 4 filed for one or multiple reporting persons?
The filing indicates that it is a Form filed by one reporting person, referring to Christian Brown.