Board retainer grants 2,337 Tutor Perini (TPC) shares to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TUTOR PERINI CORP director Raymond R. Oneglia reported an indirect acquisition of 2,337 shares of common stock by the Raymond R. Oneglia 2023 Trust as a grant or award. A footnote explains these shares were issued as partial compensation for his 2026 Board of Directors annual retainer fee.
After this award, the 2023 Trust holds 97,208 shares of common stock. Separate indirect holdings include 250,000 shares owned by O&G Industries, Inc. and 500 shares owned by the Raymond R. Oneglia Spray Trust. For the O&G position, he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
ONEGLIA RAYMOND R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,337 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 97,208 shares (Indirect, By Raymond R. Oneglia 2023 Trust)
Footnotes (1)
- Represents shares of common stock issued to the reporting person as partial compensation for 2026 Board of Directors annual retainer fee. Shares owned by O&G Industries, Inc. ("O&G"). The reporting person serves as the Vice Chairman and as a director of O&G. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Key Figures
Stock grant: 2,337 shares
Trust holdings after grant: 97,208 shares
O&G Industries holdings: 250,000 shares
+2 more
5 metrics
Stock grant
2,337 shares
Common stock awarded as partial 2026 board retainer
Trust holdings after grant
97,208 shares
Common stock held by Raymond R. Oneglia 2023 Trust after award
O&G Industries holdings
250,000 shares
Common stock owned by O&G Industries, Inc., reported as indirect
Spray Trust holdings
500 shares
Common stock held by Raymond R. Oneglia Spray Trust
Grant price per share
$0.00 per share
Reported transaction price for 2,337-share compensation award
Key Terms
annual retainer fee, beneficial ownership, pecuniary interest, Section 16, +1 more
5 terms
annual retainer fee financial
"partial compensation for 2026 Board of Directors annual retainer fee"
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
Section 16 regulatory
"for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
indirect ownership financial
"ownership_type: "indirect", ownership_code: "I""
FAQ
What insider transaction did Raymond R. Oneglia report for TPC?
Raymond R. Oneglia reported an indirect acquisition of 2,337 shares of TUTOR PERINI CORP common stock. The shares were granted to the Raymond R. Oneglia 2023 Trust as partial compensation for his 2026 Board of Directors annual retainer fee, not an open-market purchase.
What indirect TPC holdings are reported through O&G Industries, Inc.?
The filing lists 250,000 TUTOR PERINI CORP shares owned by O&G Industries, Inc. as indirect holdings. Oneglia serves as Vice Chairman and director of O&G and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in the entity.
What other indirect TPC holdings does Raymond R. Oneglia report?
Beyond the 2023 Trust and O&G Industries holdings, Oneglia reports 500 TUTOR PERINI CORP shares held indirectly by the Raymond R. Oneglia Spray Trust. This position is listed separately in the filing as another form of indirect ownership of the company’s common stock.