Tutor Perini (NYSE: TPC) EVP receives 11,702 RSU equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Tutor Perini Corporation executive vice president Ghassan Ariqat received a new equity award in the form of restricted stock units. On May 20, 2026, he was granted 11,702 RSUs that convert into common stock on a 1-for-1 basis. The award vests over three years: 3,900 units on May 20, 2027 and 3,901 units on each of May 20, 2028 and May 20, 2029, contingent on his continued employment through those dates. Following this grant, he holds 11,702 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ariqat Ghassan

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)

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 units First vesting tranche: 3,900 units Second vesting tranche: 3,901 units +3 more

6 metrics

RSUs granted 11,702 units Restricted stock units granted on May 20, 2026

First vesting tranche 3,900 units RSUs vesting on May 20, 2027

Second vesting tranche 3,901 units RSUs vesting on May 20, 2028

Third vesting tranche 3,901 units RSUs vesting on May 20, 2029

Post‑grant RSU holdings 11,702 units Total RSUs following the reported transaction

Conversion ratio 1-for-1 Each RSU converts into one share of common stock

Key Terms

Restricted Stock Units, RSUs, vest, 1-for-1 basis

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..."

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..."

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.

1-for-1 basis financial

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

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 05:16 PM

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^*

Ariqat Ghassan

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did TUTOR PERINI CORP (TPC) disclose about Ghassan Ariqat in this Form 4?

Tutor Perini reported that executive vice president Ghassan Ariqat received a grant of 11,702 restricted stock units on May 20, 2026. These RSUs are a form of equity compensation that can convert into common stock if vesting conditions are met.

How many restricted stock units were granted to the TPC executive on May 20, 2026?

Ghassan Ariqat was granted 11,702 restricted stock units on May 20, 2026. This entire amount represents new equity-based compensation and equals potential rights to receive 11,702 shares of Tutor Perini common stock upon vesting and settlement.

What is the vesting schedule for Ghassan Ariqat’s 11,702 RSUs at TPC?

The 11,702 RSUs vest in three annual installments over three years. 3,900 units vest on May 20, 2027, and 3,901 units vest on each of May 20, 2028 and May 20, 2029, assuming continued employment through each vesting date.

How do the TPC restricted stock units granted to Ariqat convert into shares?

The restricted stock units convert into Tutor Perini common stock on a 1-for-1 basis. This means each vested RSU entitles the holder to receive one share of common stock upon settlement, aligning the executive’s interests with shareholders over time.

What are Ghassan Ariqat’s reported RSU holdings in TPC after this transaction?

After the May 20, 2026 grant, Ghassan Ariqat is shown holding 11,702 restricted stock units directly. These units represent a potential future equity stake, subject to the three-year vesting schedule and his continued employment with Tutor Perini Corporation.