Tutor Perini (NYSE: TPC) director logs share gifts and stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tutor Perini director Dale Anne Reiss reported several non-market share movements in Common Stock. On May 20, 2026, trusts associated with her made two bona fide gifts totaling 72,680 shares, one from a personal holding and one from a trust account, both classified as indirect or direct dispositions.
On the same date, a trust for her benefit acquired 2,337 shares at $0.00 per share as a stock grant, described as partial compensation for her 2026 Board of Directors annual retainer fee. Following these transactions, she continues to hold Tutor Perini shares indirectly through multiple trusts, indicating these actions reflect compensation and gifting decisions rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
72,680 shares gifted
Mixed
4 txns
Insider
REISS DALE ANNE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,337 | $0.00 | -- |
| Gift | Common Stock | 36,340 | $0.00 | -- |
| Gift | Common Stock | 36,340 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,838 shares (Indirect, By Dale Anne Reiss Trust U/A 08/08/1990 As Amended);
Common Stock — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Total gifted shares: 72,680 shares
Individual gift size: 36,340 shares
Stock grant for Board fee: 2,337 shares
+4 more
7 metrics
Total gifted shares
72,680 shares
Bona fide gifts of Common Stock on May 20, 2026
Individual gift size
36,340 shares
Each of two bona fide gift transactions
Stock grant for Board fee
2,337 shares
Issued as partial 2026 Board annual retainer fee
Trust holding after gift
65,178 shares
Shares held by Dale Anne Reiss Trust after one transaction
Trust holding after grant
28,838 shares
Shares held by Dale Anne Reiss Trust after stock grant
Irrevocable trust holding
37,203 shares
Shares held by Irrevocable Trust for Dale Anne Reiss
Gift share price
$0.00 per share
Both gift and grant transactions priced at zero
Key Terms
bona fide gift, grant, award, or other acquisition, Form 4, Board of Directors annual retainer fee, +1 more
5 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Board of Directors annual retainer fee financial
"partial compensation for 2026 Board of Directors annual retainer fee"
indirect ownership financial
"ownership_type": "indirect""
