Centuri Holdings, Inc. 8K

Centuri Group, Inc. entered into a new executive employment agreement appointing Kelly Youngblood as Executive Vice President and Chief Financial Officer with specified compensation, equity, severance, and restrictive covenant terms effective August 12, 2026.

On August 12, 2026, Centuri Group, Inc., whose parent is Centuri Holdings, Inc., entered into an employment agreement with Kelly Youngblood under which he will serve as Executive Vice President and Chief Financial Officer of the Company effective that date, receiving a $680,000 annual base salary, eligibility for an annual cash bonus targeted at 85% of salary, a long-term incentive award opportunity targeted at 225% of salary, and a one-time $2,030,000 restricted stock unit sign-on grant, along with standard executive benefits, severance protections (including enhanced benefits and accelerated equity vesting upon certain terminations and in connection with a change in control), and restrictive covenants relating to confidentiality, inventions, non-competition, and non-solicitation.

Filing Facts

CIK

1981599

Ticker

-

Form

8K

Source Type

sec

Accession

0001981599-26-000108

Alert Tier

5