Form 4: Tutor Perini Corp: Chairman & CEO Ronald N. Tutor Reports Stock Transactions

Ronald N. Tutor, Chairman & CEO of Tutor Perini Corp, reports the vesting and conversion of restricted stock units into common stock, along with associated transactions.

Summary

• On August 25, 2024, Ronald N. Tutor, Chairman & CEO of Tutor Perini Corporation, reported transactions involving the company's common stock.
• 91,996 restricted stock units (RSUs) vested and were converted into common stock on a 1-for-1 basis.
• 46,623 shares were disposed of at a price of $22.8.
• 45,373 shares were transferred.
• 3,407,313 shares are held indirectly by Tutor Marital Property Trust.
• 2,387,267 shares are held indirectly by Ronald N. Tutor Separate Property Trust.
• 1,533,255 shares are held indirectly by Ronald N. Tutor 2018 Dynasty Trust.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their potential alignment with shareholder interests.

Stakeholder Impact

• The transactions could have a minor impact on shareholders due to the change in ownership structure, but the overall impact is likely minimal.

Key Dates