Form 4: Tutor Perini Director Jigisha Desai Receives Stock as Compensation

Jigisha Desai, a director at Tutor Perini Corp, acquired 7,152 shares of common stock as part of her 2025 board retainer fee.

Summary

• On May 15, 2025, Jigisha Desai, a director of Tutor Perini Corp, acquired 7,152 shares of common stock.
• The shares were received as partial compensation for the 2025 Board of Directors annual retainer fee.
• Following the transaction, Desai directly owns 80,135 shares of Tutor Perini Corp.
• The transaction was reported on May 16, 2025.

Sentiment

Score: 6

Explanation: The document is a routine disclosure of stock acquisition by a company director as part of their compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

• The acquisition of shares by a director demonstrates alignment with shareholder interests.

Industry Context

Director compensation in the form of stock is a common practice in publicly traded companies to align the interests of board members with those of shareholders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence due to the director's increased stake in the company.

Key Dates

Keywords

Tutor Perini, Director Compensation, Stock Acquisition, Beneficial Ownership, Form 4, TPC, Jigisha Desai