Form 4: Tutor Perini CFO Receives RSU Grant
Statement of Changes in Beneficial Ownership
Tutor Perini Corporation Executive VP and CFO Ryan Joseph Soroka was granted 10,971 restricted stock units on May 20, 2026.
Summary
- Ryan Joseph Soroka, Executive VP and CFO of Tutor Perini Corporation, received a grant of 10,971 restricted stock units (RSUs).
- The RSUs convert to common stock on a 1-for-1 basis.
- The grant is subject to a three-year vesting schedule, with 3,657 units vesting annually on May 20, 2027, 2028, and 2029, contingent on continued employment.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding executive compensation with no immediate impact on company operations or financial health.
Positives
- Alignment of executive interests with long-term shareholder value through equity-based compensation.
Negatives
- The grant results in potential future dilution for existing shareholders upon the vesting and conversion of the RSUs.
Risks
- Vesting is contingent upon the continued employment of the executive, creating potential retention risk if the executive departs before the full vesting period.
Future Outlook
The filing does not provide forward-looking financial guidance, focusing solely on executive compensation structure.
Industry Context
StockSavvy.ai notes that equity-based compensation for C-suite executives is standard practice in the construction and engineering sector to ensure leadership retention and performance alignment.
Comparison to Industry Standards
- The use of multi-year vesting schedules for RSUs is consistent with standard corporate governance practices for publicly traded companies in the U.S. construction industry.
Stakeholder Impact
- Shareholders may experience minor dilution upon the eventual conversion of these RSUs into common stock.
Next Steps
- Vesting of 3,657 RSUs on May 20, 2027, subject to continued employment.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of RSU grant and earliest transaction. |
| 05/20/2027 | First tranche of RSU vesting. |
| 05/20/2028 | Second tranche of RSU vesting. |
| 05/20/2029 | Final tranche of RSU vesting. |
Keywords
Tutor Perini, TPC, Form 4, Insider Trading, Executive Compensation, Restricted Stock Units
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