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AI brief of an SEC Form 8-K · Centuri Holdings, Inc. (CTRI)

Centuri names Kelly Youngblood CFO and Danielle Hunter chief legal officer

Neutral Impact 4 of 5 leadership Written later

Centuri Holdings appointed Kelly Youngblood as Executive Vice President and Chief Financial Officer, replacing Gregory A. Izenstark, and Danielle Hunter as Executive Vice President, Chief Legal & Administrative Officer and Corporate Secretary, replacing Jason S. Wilcock, both effective August 12, 2026. The filing says the company expects to provide the departing officers with severance under their existing employment agreements, and it discloses Youngblood's pay package, which includes a $680,000 base salary.

Key points

  • Kelly Youngblood, CFO: base salary of $680,000, target annual bonus of 85% of base salary, and a restricted stock unit grant valued at $2,030,000
  • Youngblood severance if terminated without cause: lump sum of two times annual base salary, plus 24 months of subsidized COBRA premiums, outside a 24-month post-change-in-control window
  • Gregory A. Izenstark and Jason S. Wilcock are expected to sign severance agreements, each with a seven-day revocation period; the filing does not state the severance amounts
  • Centuri issued a press release on August 12, 2026 announcing the appointments (Exhibit 99.1)

The filing

CompanyCenturi Holdings, Inc. (CTRI)
Form8-K, current report
Filed with the SECAug 12, 2026, 4:21 PM ET
Accession number0001981599-26-000108

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.