Form 4: Tutor Perini Director Receives Stock Compensation

Director Sidney J. Feltenstein acquired 3,635 shares of Tutor Perini Corporation common stock as part of his 2026 annual retainer.

Summary

• Director Sidney J. Feltenstein was issued 3,635 shares of common stock.
• The issuance represents compensation for the 2026 Board of Directors annual retainer fee.
• Following this transaction, the director's total beneficial ownership is 190,909 shares.
• The shares were acquired at a price of $0, consistent with equity-based director compensation plans.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None.

Risks

• None.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the construction and engineering sector to ensure long-term alignment with shareholder value.

Comparison to Industry Standards

• The issuance of stock for director retainers is consistent with standard practices for publicly traded companies of similar size to Tutor Perini.
• The transaction follows typical SEC reporting requirements for Section 16 insiders.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation event.

Key Dates

Keywords

Tutor Perini, TPC, Director Compensation, Insider Transaction, Form 4, Equity Grant