Form 4: Director Shahrokh Shah Acquires Tutor Perini Shares
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
| Date | Description |
|---|---|
| 05/20/2026 | Date of the transaction involving the acquisition of common stock. |
| 05/22/2026 | Date 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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