Form 4: Tutor Perini Director Feltenstein Receives Stock Compensation

Sidney J Feltenstein, a director at Tutor Perini Corp, acquired 7,152 shares of common stock as compensation for his 2025 Board of Directors annual retainer fee.

Summary

• On May 15, 2025, Sidney J Feltenstein, a director of Tutor Perini Corp, acquired 7,152 shares of common stock.
• The acquisition was a result of compensation for the 2025 Board of Directors annual retainer fee.
• Following the transaction, Feltenstein directly owns 312,274 shares of Tutor Perini Corp.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally. The sentiment is slightly positive as it indicates alignment of interests between the director and shareholders.

Positives

• The acquisition of shares reflects continued alignment of the director's interests with those of the shareholders.

Industry Context

Directors commonly receive stock as part of their compensation packages to align their interests with those of shareholders. This is a standard practice in corporate governance.

Comparison to Industry Standards

• Director compensation packages vary widely across the construction industry.
• Stock grants are a common component, often benchmarked against peer companies of similar size and market capitalization.
• Comparing Tutor Perini's director compensation to companies like Granite Construction or Fluor Corporation would provide a better understanding of its relative value.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Form 4, Director Compensation, Stock Acquisition, Beneficial Ownership, Tutor Perini, TPC, Feltenstein, Insider Trading