Tutor Perini (TPC) director reports gift of 1,250 shares to foundation
Rhea-AI Filing Summary
Tutor Perini Corporation director Mr. Oklak reported an insider transaction involving the company’s common stock. On 12/15/2025, he gifted 1,250 shares of Tutor Perini common stock, coded as a gift transaction, rather than a sale for cash.
The shares were transferred to the Meridian Foundation, Inc., his family non-profit foundation. He retains voting and investment power over the shares held by the foundation, but no longer has personal pecuniary interest in those gifted shares. After this transaction, he beneficially owns 93,151 shares of Tutor Perini common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,250 | $0.00 | $0.00 |
Footnotes (1)
- 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 personal pecuniary interest in these shares.
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FAQ
What insider transaction did Tutor Perini (TPC) report in this filing?
The filing reports that director Mr. Oklak gifted 1,250 shares of Tutor Perini common stock on 12/15/2025, coded as a gift transaction rather than a sale.
What is the relationship of the reporting person to Tutor Perini (TPC)?
The reporting person is identified as a Director of Tutor Perini Corporation, and the filing is made by one reporting person.
Was the Tutor Perini (TPC) transaction reported as a sale for value?
No. The transaction is coded as a gift, with a reported price of $0, indicating a transfer without sale proceeds.