Form 4: Tutor Perini Director Reports Stock Compensation
Statement of Changes in Beneficial Ownership
Director Raymond R. Oneglia acquired 2,337 shares of Tutor Perini Corporation as part of his 2026 annual board retainer.
Summary
- Raymond R. Oneglia, a director at Tutor Perini Corporation, acquired 2,337 shares of common stock.
- The shares were issued as partial compensation for the 2026 Board of Directors annual retainer fee.
- The transaction occurred on May 20, 2026, at a price of $0 per share as part of equity-based compensation.
- Following the transaction, the reporting person holds 97,208 shares indirectly through the Raymond R. Oneglia 2023 Trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Director alignment with shareholders through equity-based compensation.
Negatives
- None.
Risks
- None.
Future Outlook
Not applicable as this is a routine disclosure of director compensation.
Industry Context
StockSavvy.ai notes that routine equity grants to board members are standard corporate governance practices in the construction and engineering sector to ensure long-term alignment between leadership and shareholders.
Comparison to Industry Standards
- The issuance of stock as part of a director's retainer is consistent with standard compensation practices for publicly traded companies in the U.S. engineering and construction industry.
Related Party Transactions
- The reporting person serves as Vice Chairman and director of O&G Industries, Inc., which holds 250,000 shares of the issuer.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation-related transaction.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of the stock acquisition transaction. |
| 05/22/2026 | Date of filing the Form 4. |
Keywords
Tutor Perini, TPC, Insider Trading, Form 4, Director Compensation, Equity Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.