secwatch.observer — SEC 8-K summary
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Issuer:     Centuri Holdings, Inc. (CTRI)
CIK:        0001981599
Form:       8-K/A
Filed at:   2024-07-17T23:59:59+00:00
Accession:  0001193125-24-180353
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centuri discloses interim CEO Caudill's $275K/month fee, 26,315 RSUs; Fehrman forfeits equity, repays $2M bonus
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- Paul J. Caudill appointed interim President & CEO effective July 31, 2024; $275,000 monthly consulting fee.
- Caudill receives 26,315 time-based RSUs ($500,000 value) vesting one year from July 1, 2024.
- Initial term of six months; may extend monthly if successor not appointed.
- Former CEO William J. Fehrman forfeits all unvested RSUs and repays $2 million signing bonus upon resignation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1981599/000119312524180353/0001193125-24-180353-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1981599/000119312524180353/d873144d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-180353

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer