STOCK TITAN

Tutor Perini (TPC) director awarded 3,992 shares as 2026 board retainer

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Tutor Perini Corp director Jigisha Desai received a stock grant as board compensation. She acquired 3,992 shares of common stock on May 20, 2026 as part of her 2026 Board of Directors annual retainer fee, with no cash price per share reported.

After this award, Desai directly holds 83,092 shares of Tutor Perini common stock. This is a routine, compensation-related equity grant rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Jigisha Desai
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 3,992 $0.00 $0.00
Holdings After Transaction: Common Stock — 83,092 shares (Direct)
Footnotes (1)
  1. F1. Represents shares of common stock issued to the reporting person as compensation for 2026 Board of Directors annual retainer fee.
Shares granted 3,992 shares Common Stock grant on May 20, 2026
Price per share $0.0000 per share Reported transaction price for the stock grant
Shares owned after 83,092 shares Direct holdings following the reported transaction
Transaction code A Grant, award, or other acquisition of common stock
Transaction direction acquire Non-derivative acquisition of common stock
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
annual retainer fee financial
"compensation for 2026 Board of Directors annual retainer fee"
Common Stock financial
"security_title: Common Stock"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Tutor Perini (TPC) director Jigisha Desai report in this Form 4?

Director Jigisha Desai reported receiving 3,992 shares of Tutor Perini common stock. The shares were granted as part of her 2026 Board of Directors annual retainer fee, reflecting routine equity-based compensation rather than an open-market transaction.

How many Tutor Perini (TPC) shares did Jigisha Desai acquire and at what price?

Jigisha Desai acquired 3,992 shares of Tutor Perini common stock. The Form 4 shows a transaction price per share of $0.0000, indicating this was a stock grant awarded as compensation, not a purchase made in the open market at a cash price.

What are Jigisha Desai’s Tutor Perini (TPC) holdings after this Form 4 transaction?

Following the reported grant, Jigisha Desai holds 83,092 Tutor Perini common shares directly. This post-transaction figure comes from the Form 4 and reflects her updated direct ownership after receiving the 3,992-share compensation award.

Is the Tutor Perini (TPC) Form 4 for an open-market buy or a compensation grant?

The Form 4 reflects a compensation grant, not an open-market buy. Footnote disclosure states the 3,992 common shares were issued to Jigisha Desai as compensation for her 2026 Board of Directors annual retainer fee, consistent with routine director equity awards.

Does this Tutor Perini (TPC) Form 4 indicate any insider selling activity?

No, the Form 4 does not show any selling. It reports a single acquisition transaction coded “A” for 3,992 common shares as a grant or award, and no dispositions or sales are listed in the transaction summary for this filing.
SEC Form 4
FORM 4UNITED 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*
Jigisha Desai

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/20/2026A3,992(1)A$083,092D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock issued to the reporting person as compensation for 2026 Board of Directors annual retainer fee.
Remarks:
/s/ Ifigenia Protopappas, Attorney-in-Fact05/22/2026
** Signature of Reporting PersonDate
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)