Tutor Perini EVP granted 10,971 RSUs
Tutor Perini Corporation reported a routine equity compensation grant to executive Kristiyan D. Assouri, EVP and Chief Legal Officer.
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Form Type
4
Rhea-AI Filing Summary
Tutor Perini Corporation reported a routine equity compensation grant to executive Kristiyan D. Assouri, EVP and Chief Legal Officer. On May 20, 2026, Assouri received 10,971 restricted stock units (RSUs), which each convert into one share of common stock. The award vests in three equal installments of 3,657 RSUs on May 20 of 2027, 2028 and 2029, contingent on continued employment through each vesting date. Following this grant, Assouri holds 10,971 RSUs directly.
Insider Trade Summary
Grant/Award: 10,971 shares
Grant/Award
1 txn
Insider
Assouri Kristiyan D
Role
EVP and Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,971 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 10,971 contracts (Direct)
Footnotes (2)
- F1. The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis.
- F2. On May 20, 2026, the reporting person was granted 10,971 RSUs, of which 3,657 vest on each of May 20, 2027, 2028 and 2029, contingent upon the reporting person's continued employment through these dates.
Key Figures
RSUs granted: 10,971 RSUs
Vesting tranches: 3,657 RSUs each
Conversion ratio: 1-for-1
+2 more
5 metrics
RSUs granted
10,971 RSUs
Equity award granted May 20, 2026
Vesting tranches
3,657 RSUs each
Vest on May 20 of 2027, 2028, 2029
Conversion ratio
1-for-1
Each RSU converts into one share of common stock
Post-grant RSU holdings
10,971 RSUs
Total restricted stock units held after transaction
Grant price
$0.00 per unit
Compensation award, not open-market purchase
Key Terms
Restricted Stock Units, RSUs, 1-for-1 basis, vesting, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation"
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 10,971 RSUs, of which 3,657 vest"
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.
1-for-1 basis financial
"The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis."
vesting financial
"3,657 vest on each of May 20, 2027, 2028 and 2029, contingent upon continued employment"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continued employment financial
"vest on each of May 20, 2027, 2028 and 2029, contingent upon the reporting person's continued employment"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tutor Perini (TPC) disclose for Kristiyan D. Assouri?
Tutor Perini disclosed that EVP and Chief Legal Officer Kristiyan D. Assouri received a grant of 10,971 restricted stock units on May 20, 2026 as equity compensation, rather than buying or selling shares on the open market.
How many RSUs did the Tutor Perini (TPC) executive receive and when do they vest?
Kristiyan D. Assouri received 10,971 restricted stock units that vest in three equal installments of 3,657 RSUs on May 20, 2027, May 20, 2028 and May 20, 2029, subject to his continued employment through each vesting date.
What does the RSU grant mean for Tutor Perini (TPC) common stock?
Each of the 10,971 restricted stock units granted to Kristiyan D. Assouri converts into one share of Tutor Perini common stock on a 1-for-1 basis upon settlement, aligning part of his compensation with the company’s equity over the specified vesting schedule.
Is the Tutor Perini (TPC) Form 4 transaction an open-market trade?
No, the Form 4 reflects a grant of 10,971 restricted stock units to executive Kristiyan D. Assouri at a price of $0.00 per unit, indicating compensation rather than an open-market purchase or sale of Tutor Perini common shares.
How many RSUs does the Tutor Perini (TPC) executive hold after this award?
After the May 20, 2026 grant, Kristiyan D. Assouri holds a total of 10,971 restricted stock units directly. These units are scheduled to vest in three annual tranches, assuming he remains employed through each applicable vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
