Centuri (CTRI) CEO has shares withheld to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Centuri Holdings, Inc. reported that Chief Executive Officer Christian Brown had 4,893 shares of common stock withheld on February 25, 2026 to cover tax obligations tied to vesting restricted stock units. The shares were valued at $30.96 per share, leaving him with 197,904 shares held directly. The footnote clarifies this was not an open market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Christian
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,893 | $30.96 | $151K |
Holdings After Transaction:
Common Stock — 197,904 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Centuri Holdings (CTRI) disclose for Christian Brown?
Centuri Holdings disclosed that CEO Christian Brown had 4,893 shares withheld to satisfy tax obligations from vesting restricted stock units. The Form 4 clarifies this was a tax-withholding disposition, not an open market sale of Centuri Holdings common stock.
Was the Centuri Holdings (CTRI) CEO’s Form 4 transaction an open market sale?
No, the transaction was not an open market sale. The shares were withheld by Centuri Holdings to cover tax withholding obligations upon RSU vesting, as noted in the footnote, meaning Brown did not sell shares into the open market.
What does transaction code F mean in the Centuri Holdings (CTRI) Form 4?
Transaction code F indicates shares used to pay an exercise price or tax liability. In this Centuri Holdings Form 4, it reflects shares withheld to meet tax obligations upon RSU vesting, rather than a typical open market buy or sell transaction.