Jensen William E sold TPC
March 14, 2026 · Form 4 insider transaction
Jensen William E sold 6,479 shares of Tutor Perini Corporation at $67.76 per share, a transaction worth $439.0K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
On March 14, 2025, the reporting person was granted 19,439 cash-settled phantom stock units, of which 6,479 vested on March 14, 2026 and 6,480 vest on each of March 14, 2027 and 2028, contingent upon the reporting person's continued employment through each applicable vesting date. The 6,479 phantom stock units that vested on March 14, 2026 were settled in cash at a value equal to the number of units vested multiplied by the closing price per share of common stock of Tutor Perini Corporation (Issuer) on the vesting date. The reporting person did not purchase or sell any shares of common stock in the settlement of this award, however, the transaction is required to be reported as an acquisition and disposition of shares back to the Issuer under SEC reporting principles.