Form 4: Tutor Perini Director Dale Anne Reiss Reports Acquisition of Common Stock as Compensation

Sentiment:

SEC Filing Form 4


Director Dale Anne Reiss reports acquiring 4,401 shares of Tutor Perini Corp common stock as part of her 2025 Board of Directors annual retainer fee.

Summary

  • Dale Anne Reiss, a director of Tutor Perini Corp, filed a Form 4 with the SEC.
  • The report indicates that on May 15, 2025, Ms. Reiss acquired 4,401 shares of common stock.
  • These shares were received as partial compensation for her 2025 Board of Directors annual retainer fee.
  • Following the transaction, Ms. Reiss directly owns 36,340 shares and indirectly owns 26,501 shares through the Dale Anne Reiss Trust U/A 08/08/1990 As Amended, and 37,203 shares through an Irrevocable Trust for Dale Anne Reiss.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director receiving stock as compensation. While insider ownership is generally viewed positively, this is a standard practice.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

  • The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
08/08/1990Date of the Dale Anne Reiss Trust U/A
05/15/2025Date of the transaction where Dale Anne Reiss acquired common stock
05/16/2025Date of signature for the Form 4 filing

Keywords

Form 4, Tutor Perini, Director, Stock Acquisition, Compensation, Beneficial Ownership, Dale Anne Reiss

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.