A Form 4 filed on August 12, 2026 reported that Kelly Youngblood, Executive Vice President and Chief Financial Officer of Centuri Holdings, Inc. (NYSE:CTRI), received a grant of 72,864 restricted stock units under the company's Omnibus Incentive Plan.

Key Highlights

  • Reporting person: Kelly Youngblood, Executive Vice President and Chief Financial Officer of Centuri Holdings, Inc.
  • Transaction date: August 12, 2026
  • Securities acquired: 72,864 restricted stock units (RSUs), acquired at a price of $0
  • Resulting ownership: 72,864 shares of common stock beneficially owned directly following the transaction
  • RSU terms: Each RSU is the economic equivalent of one share of common stock and may be settled by delivery of one share of common stock
  • Plan: Grant made pursuant to the Omnibus Incentive Plan of Centuri Holdings, Inc.

Centuri Holdings CFO RSU Grant Details and Ownership Impact

According to the Form 4 filed with the SEC, Kelly Youngblood, identified in the filing as Executive Vice President and Chief Financial Officer, received a grant of 72,864 restricted stock units on August 12, 2026. The filing identifies this award as the "2026 RSU Grant" and states it was made pursuant to the Omnibus Incentive Plan of Centuri Holdings, Inc. The transaction was coded as an acquisition (code "A") at a price of $0.

The filing explains that each RSU subject to the 2026 RSU Grant "is the economic equivalent of one share of the Issuer's common stock and may be settled by delivery of one share of the Issuer's common stock." Following the reported transaction, Youngblood's total direct beneficial ownership stood at 72,864 shares of common stock, as disclosed in Table I of the filing.

The Form 4 was signed by Kendra Chilton as attorney-in-fact for Kelly Youngblood on August 12, 2026. The filing was submitted as a report by one reporting person and does not indicate any derivative securities activity in Table II.

What Was Disclosed

The filing disclosed an RSU grant of 72,864 units to Centuri Holdings' CFO Kelly Youngblood on August 12, 2026, under the company's Omnibus Incentive Plan, at no cost to the recipient, resulting in direct beneficial ownership of 72,864 shares.