Tutor Perini (TPC) CAO Receives 3,574 RSUs – Form 4 Filing
Tutor Perini Corporation (TPC) – Form 4 insider filing On 19 June 2025, Vice-President & Chief Accounting Officer Henry Dieu received an equity award of 3,574 restricted stock units (RSUs).
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Rhea-AI Filing Summary
Tutor Perini Corporation (TPC) – Form 4 insider filing
On 19 June 2025, Vice-President & Chief Accounting Officer Henry Dieu received an equity award of 3,574 restricted stock units (RSUs). The RSUs convert to common stock on a 1-for-1 basis and vest in three equal tranches:
- 1,191 shares on 19 June 2026
- 1,191 shares on 19 June 2027
- 1,192 shares on 19 June 2028
Insights
TL;DR: Routine RSU grant to CAO; no market-moving sale or purchase disclosed.
The Form 4 shows only a standard equity incentive award. At roughly 3.6 k shares, the grant’s dollar value is modest relative to TPC’s market cap and therefore unlikely to affect valuation or float. No open-market transactions occurred, so supply-demand dynamics remain unchanged. The award modestly aligns management with shareholders but does not alter overall insider ownership patterns materially.
TL;DR: Governance-aligned, time-based RSUs strengthen retention; immaterial for investors.
The three-year graded vesting schedule emphasises retention and long-term alignment. Absence of performance conditions suggests a purely service-based incentive, typical for mid-tier executives. Because the award is small and there is no accompanying sale, it neither signals insider confidence nor concern. Overall, the filing is procedural and does not change governance risk profile.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,574 | $0.00 | $0.00 |
Footnotes (2)
- F1. The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis.
- F2. On June 19, 2025, the reporting person was granted 3,574 RSUs, of which 1,191 vest on each of June 19, 2026 and 2027 and 1,192 vest on June 19, 2028, contingent upon the reporting person's continued employment through these dates.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many RSUs did Tutor Perini (TPC) grant to Henry Dieu?
What is the vesting schedule for the RSUs disclosed in the Form 4?
Does the RSU grant affect Henry Dieu’s beneficial ownership?
Is the transaction tied to a 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.