Form 4: Tutor Perini Director Shahrokh Shah Acquires Shares as Compensation

Director Shahrokh Shah acquired 4,401 shares of Tutor Perini Corp. as part of his 2025 Board of Directors annual retainer fee.

Summary

• On May 15, 2025, Shahrokh Shah, a director of Tutor Perini Corp., acquired 4,401 shares of common stock.
• The shares were issued as partial compensation for the 2025 Board of Directors annual retainer fee.
• Following the transaction, Shahrokh Shah directly owns 12,060 shares of Tutor Perini Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction related to director compensation. The acquisition of shares by a director is generally viewed positively, but it's not a major event.

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 in publicly traded companies as part of compensation packages and to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Director compensation packages vary widely across the construction industry.
• Comparing Shahrokh Shah's compensation to that of directors at similar-sized construction firms like Granite Construction or Fluor Corporation would provide a benchmark.
• Share-based compensation is a common practice to incentivize directors and align their interests with shareholder value.

Stakeholder Impact

• The share acquisition could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Tutor Perini Corp, Director, Share Acquisition, Compensation, Shahrokh Shah, TPC, Form 4