Form 4: Tutor Perini Director Dennis D. Oklak Acquires Shares as Compensation

Director Dennis D. Oklak acquired 4,401 shares of Tutor Perini Corp common stock as part of his 2025 Board of Directors annual retainer fee.

Summary

• On May 15, 2025, Dennis D. Oklak, a director of Tutor Perini Corp, acquired 4,401 shares of common stock.
• The acquisition was part of his compensation for the 2025 Board of Directors annual retainer fee.
• Following the transaction, Oklak beneficially owns 94,401 shares of Tutor Perini Corp common stock.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction (stock compensation to a director). It's neutral to slightly positive as it indicates alignment of interests between management and shareholders.

Positives

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

Industry Context

This type of transaction, where directors receive stock as part of their compensation, is common in publicly traded companies. It aligns the interests of the directors with those of the shareholders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

Keywords

Tutor Perini Corp, Director, Stock Acquisition, Compensation, Beneficial Ownership, TPC, Oklak