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TPC Insider Activity: 3,574-Share RSU Grant to Chief Accounting Officer

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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
Vesting is contingent on continued employment through the respective dates. No shares were sold or disposed of, leaving the executive’s beneficial ownership at 3,574 derivative securities, held directly. There is no mention of additional transactions, exercise prices, or cash considerations, and the filing does not reference a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.

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 DIEU HENRY
Role VP & Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 3,574 $0.00 --
Holdings After Transaction: Restricted Stock Units — 3,574 shares (Direct)
Footnotes (1)
  1. The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis. 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.
Form 4 Insider Transactions: What Each Field Means →
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*
DIEU HENRY
(Last) (First) (Middle)
C/O TUTOR PERINI CORPORATION
15901 OLDEN STREET
(Street)
SYLMAR CA 91342
(City) (State) (Zip)
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)
VP & Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/19/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 06/19/2025 A 3,574 (2) (2) Common Stock 3,574 $0 3,574 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 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.
Remarks:
/s/ Ifigenia Protopappas, Attorney-in-Fact 06/20/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many RSUs did Tutor Perini (TPC) grant to Henry Dieu?

3,574 restricted stock units were granted on 19 June 2025.

What is the vesting schedule for the RSUs disclosed in the Form 4?

1,191 shares vest on 19 June 2026 and 2027, and 1,192 shares vest on 19 June 2028, subject to continued employment.

Were any Tutor Perini shares sold or purchased in this filing?

No. The filing reports only an RSU grant; no open-market transactions occurred.

Does the RSU grant affect Henry Dieu’s beneficial ownership?

Yes. He now beneficially owns 3,574 derivative securities (RSUs), held directly.

Is the transaction tied to a 10b5-1 trading plan?

The Form 4 does not indicate that the grant was made under a Rule 10b5-1(c) plan.