AI assistant
TUTOR PERINI CORP — Director's Dealing 2025
Apr 3, 2025
31352_dirs_2025-04-03_a758848d-5840-41b7-b87e-12532240d671.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TUTOR PERINI CORP (TPC)
CIK: 0000077543
Period of Report: 2025-04-01
Reporting Person: Ariqat Ghassan (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-04-01 | Common Stock | M | 30000 | — | Acquired | 30000 | Direct |
| 2025-04-01 | Common Stock | D | 30000 | $23.18 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-04-01 | Phantom Stock Units | $ | M | 30000 | Disposed | Common Stock (30000) | Direct |
Footnotes
F1: On January 26, 2023, the reporting person was granted 90,000 cash-settled phantom stock units, of which 30,000 vested on each of April 1, 2023, 2024 and 2025. These phantom stock units are considered derivative securities settled in cash at a value equal to the number of units vested multiplied by the closing price per share of common stock of Tutor Perini Corporation (Issuer) on the applicable vesting date. The reporting person did not purchase or sell any shares of common stock in the settlement of this award, however, the transaction is required to be reported as an acquisition and disposition back to the Issuer under SEC reporting principles.