Tutor Perini director gifts 12,000 company shares
Tutor Perini Corp director Dennis D. Oklak reported charitable gifts of company stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Tutor Perini Corp director Dennis D. Oklak reported charitable gifts of company stock. On June 17, 2026, he made two bona fide gifts totaling 12,000 shares of Common Stock, with no sale proceeds involved. One gift went to the Meridian Foundation, Inc., his family non-profit foundation, and another to a charitable donor-advised fund.
He retains voting and investment power over shares held by the Meridian Foundation, Inc., but the filing states he no longer has any pecuniary interest in those gifted shares. These are non-market, charitable transfers rather than open-market purchases or sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 8,000 | $0.00 | $0.00 |
| Gift | Common Stock | 4,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. The shares were gifted to the Meridian Foundation, Inc., Mr. Oklak's family non-profit foundation, and not sold. Mr. Oklak has voting and investment power over the shares held by the Meridian Foundation, Inc., but no longer has any pecuniary interest in these shares.
- F2. Reflects the gift of common stock to a charitable donor-advised fund.
Key Figures
Key Terms
bona fide gift financial
pecuniary interest financial
donor-advised fund financial
voting and investment power financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tutor Perini (TPC) director Dennis Oklak report?
AI-generated analysis. How Rhea-AI works. Not financial advice.