Tutor Perini CFO exercises 10,000 RSUs
Tutor Perini Corporation’s Executive VP & CFO, Ryan Joseph Soroka, reported compensation-related equity activity.
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Rhea-AI Filing Summary
Tutor Perini Corporation’s Executive VP & CFO, Ryan Joseph Soroka, reported compensation-related equity activity. On March 8, he exercised 10,000 restricted stock units, which converted into 10,000 shares of common stock on a 1-for-1 basis. To cover tax obligations, 5,419 common shares were withheld at a price of 72.82 per share, resulting in a net increase of 4,581 shares. After these transactions, he directly owned 42,883 shares of common stock. The RSUs were part of a 30,000-unit grant made on March 8, 2023, vesting in three equal annual installments of 10,000 units in 2024, 2025, and 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,419 | $72.82 | $395K |
Footnotes (2)
- F1. The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis.
- F2. On March 8, 2023, the reporting person was granted 30,000 RSUs, of which 10,000 vested on each of March 8, 2024, 2025 and 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tutor Perini (TPC) report for its CFO?
What was the size and pricing of the tax withholding in the Tutor Perini (TPC) filing?
What RSU grant is referenced in the Tutor Perini (TPC) CFO’s Form 4?
Did the Tutor Perini (TPC) CFO make any open-market stock purchases or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.