Tutor Perini (NYSE: TPC) EVP awarded 11,702 RSUs vesting through 2029

Rhea-AI Filing Summary

Tutor Perini Corporation executive William E. Jensen received a grant of 11,702 restricted stock units (RSUs) on May 20, 2026. These RSUs convert into common stock on a 1-for-1 basis. The grant vests in three tranches: 3,900 RSUs on May 20, 2027 and 3,901 RSUs on each of May 20, 2028 and May 20, 2029, contingent on his continued employment through each vesting date. Following this award, he holds 11,702 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jensen William E

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	11,702	$0.00	--

Holdings After Transaction: Restricted Stock Units — 11,702 shares (Direct, null)

Footnotes (1)

1. The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis. On May 20, 2026, the reporting person was granted 11,702 RSUs, of which 3,900 vest on May 20, 2027 and 3,901 vest on each of May 20, 2028 and 2029, contingent upon the reporting person's continued employment through these dates.

Key Figures

RSUs granted: 11,702 RSUs First vesting tranche: 3,900 RSUs Second vesting tranche: 3,901 RSUs +3 more

6 metrics

RSUs granted 11,702 RSUs Grant to Executive Vice President on May 20, 2026

First vesting tranche 3,900 RSUs Vest on May 20, 2027, contingent on continued employment

Second vesting tranche 3,901 RSUs Vest on May 20, 2028, contingent on continued employment

Third vesting tranche 3,901 RSUs Vest on May 20, 2029, contingent on continued employment

RSU-to-share ratio 1 RSU : 1 share RSUs convert into common stock of Tutor Perini Corporation

Holdings after grant 11,702 RSUs Total restricted stock units held directly after the transaction

Key Terms

Restricted Stock Units, RSUs, vest, Common Stock

4 terms

Restricted Stock Units financial

"The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"On May 20, 2026, the reporting person was granted 11,702 RSUs, of which 3,900 vest on May 20, 2027 and 3,901 vest on each of May 20, 2028 and 2029"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

vest financial

"3,900 vest on May 20, 2027 and 3,901 vest on each of May 20, 2028 and 2029, contingent upon the reporting person's continued employment"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Common Stock financial

"The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jensen William E

(Last) (First) (Middle)

C/O TUTOR PERINI CORPORATION

15901 OLDEN STREET

(Street)

SYLMAR CALIFORNIA 91342

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TUTOR PERINI CORP [ TPC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	05/20/2026		A		11,702		(2)	(2)	Common Stock	11,702	$0	11,702	D

Explanation of Responses:

1. The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis.

2. On May 20, 2026, the reporting person was granted 11,702 RSUs, of which 3,900 vest on May 20, 2027 and 3,901 vest on each of May 20, 2028 and 2029, contingent upon the reporting person's continued employment through these dates.

Remarks:

	/s/ Ifigenia Protopappas, Attorney-in-Fact	05/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Tutor Perini (TPC) report for William E. Jensen?

Tutor Perini reported that Executive Vice President William E. Jensen received 11,702 restricted stock units. The RSUs were granted on May 20, 2026 and represent a form of equity-based compensation that can convert into common stock over time, subject to vesting conditions.

How many RSUs were granted to the Tutor Perini (TPC) executive and when do they vest?

William E. Jensen was granted 11,702 RSUs. Of these, 3,900 vest on May 20, 2027 and 3,901 vest on each of May 20, 2028 and May 20, 2029. Vesting is contingent on his continued employment through the respective vesting dates.

What does the RSU grant mean for Tutor Perini (TPC) common stock?

Each RSU granted to William E. Jensen converts into one share of Tutor Perini common stock. The 11,702 RSUs therefore represent the right to receive up to 11,702 common shares over time, assuming all vesting and employment conditions are met as scheduled.

Is the Tutor Perini (TPC) insider Form 4 transaction a market purchase or sale?

The Form 4 shows an acquisition through a grant of restricted stock units, not an open-market trade. The transaction is coded as a grant or award, indicating compensation rather than a purchase or sale of existing shares in the market.

How many Tutor Perini (TPC) RSUs does the executive hold after this grant?

After the May 20, 2026 grant, William E. Jensen holds 11,702 restricted stock units directly. These units will convert into common stock as they vest over the scheduled dates, provided the employment-based vesting conditions continue to be satisfied.