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TUTOR PERINI CORP — Director's Dealing 2025
Mar 15, 2025
31352_dirs_2025-03-14_be3fe7da-ea5a-4fab-b078-67a23373e564.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TUTOR PERINI CORP (TPC)
CIK: 0000077543
Period of Report: 2025-03-12
Reporting Person: Ariqat Ghassan (Executive Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-12 | Phantom Stock Units | $ | A | 19439 | Acquired | Common Stock (19439) | Direct |
Footnotes
F1: The phantom stock units are settled in cash at a value equal to the number of units vested multiplied by the closing price per share of Tutor Perini Corporation's common stock on the applicable vesting date.
F2: On March 12, 2025, the reporting person was granted 19,439 cash-settled phantom stock units, of which 6,479 vest on March 12, 2026 and 6,480 vest on each of March 12, 2027 and 2028, contingent upon the reporting person's continued employment through each applicable vesting date. 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.