March 14, 2025 · Form 4 insider transaction
Jensen William E bought 19,439 shares of TUTOR PERINI CORP at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 0 days after the transaction.
The phantom stock units are settled in cash at a value equal to the number of units vested multiplied by the closing price per share of Tutor Perini Corporation's common stock on the applicable vesting date.; On March 14, 2025, the reporting person was granted 19,439 cash-settled phantom stock units, of which 6,479 vest 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. These phantom stock units are considered derivative securities 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 applicable vesting date.