Tutor Perini (TPC) director awarded 3,992 shares as 2026 board retainer
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 Trade Summary
Net Buyer: 3,992 shares
Net Buy
1 txn
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)
- F1. Represents shares of common stock issued to the reporting person as compensation for 2026 Board of Directors annual retainer fee.
Key Figures
Shares granted: 3,992 shares
Price per share: $0.0000 per share
Shares owned after: 83,092 shares
+2 more
5 metrics
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
Key Terms
Grant, award, or other acquisition, annual retainer fee, Common Stock
3 terms
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.
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.
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.