Form 4: Director Shahrokh Shah Acquires Tutor Perini Shares

Sentiment:

Statement of Changes in Beneficial Ownership


Director Shahrokh Shah received 2,337 shares of Tutor Perini Corporation common stock as part of his 2026 annual retainer.

Summary

  • Director Shahrokh Shah acquired 2,337 shares of Tutor Perini Corporation (TPC) common stock.
  • The transaction occurred on May 20, 2026.
  • The shares were issued as partial compensation for the 2026 Board of Directors annual retainer fee.
  • Following this transaction, the director's total beneficial ownership is 14,397 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.

Positives

  • Increased alignment between the director and shareholders through equity-based compensation.

Negatives

  • None identified.

Risks

  • None identified.

Future Outlook

Not applicable as this is a routine disclosure of director compensation.

Industry Context

StockSavvy.ai notes that it is standard industry practice for construction and engineering firms to compensate board members with equity to ensure long-term alignment with shareholder interests.

Comparison to Industry Standards

  • The issuance of equity as part of a director's annual retainer is consistent with standard corporate governance practices for publicly traded companies in the engineering and construction sector.

Stakeholder Impact

  • Minor increase in insider equity ownership, signaling confidence in the company.

Next Steps

  • None.

Key Dates

DateDescription
05/20/2026Date of the transaction involving the acquisition of common stock.
05/22/2026Date the Form 4 was signed and filed with the SEC.

Keywords

Tutor Perini, TPC, Form 4, Insider Trading, Director Compensation, Equity Ownership

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