Form 4: Tutor Perini Director Peter Arkley Acquires Shares as Compensation
SEC Form 4 Filing
Director Peter Arkley acquired 4,401 shares of Tutor Perini Corp. as part of his 2025 Board of Directors annual retainer fee.
Summary
- On May 15, 2025, Peter Arkley, 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, Arkley directly owns 151,717 shares of Tutor Perini Corp.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction (director compensation), so the sentiment is neutral to slightly positive due to insider ownership.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Director share acquisitions are common and often tied to compensation packages, aligning director interests with shareholder value.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholders by aligning director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Peter Arkley acquired shares of Tutor Perini Corp. |
| 05/16/2025 | Date of signature: Form 4 signed by Ifigenia Protopappas, Attorney-in-Fact. |
Keywords
Tutor Perini, Director, Share Acquisition, Compensation, Form 4, Peter Arkley
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