Form 4: Tutor Perini EVP Kristiyan Assouri Receives RSU Grant

Tutor Perini Corporation EVP and Chief Legal Officer Kristiyan D. Assouri was granted 10,971 restricted stock units on May 20, 2026.

Summary

• Kristiyan D. Assouri, EVP and Chief Legal Officer of Tutor Perini Corporation, received a grant of 10,971 restricted stock units (RSUs).
• The RSUs convert to common stock on a 1-for-1 basis.
• The grant vests in three equal annual installments of 3,657 shares starting May 20, 2027, through May 20, 2029, subject to continued employment.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation, which carries a neutral sentiment for the stock price.

Positives

• The RSU grant serves as a long-term incentive, aligning the interests of the Chief Legal Officer with those of shareholders.

Negatives

• The grant results in potential future dilution for existing shareholders upon the vesting and conversion of these units into common stock.

Risks

• Vesting is contingent upon the continued employment of the reporting person, creating a retention dependency.

Future Outlook

The grant is subject to continued employment through May 2029, indicating a multi-year retention strategy for the executive.

Industry Context

StockSavvy.ai notes that equity-based compensation remains a standard practice in the construction and engineering sector to retain key executive talent and ensure long-term strategic alignment.

Comparison to Industry Standards

• The use of multi-year vesting schedules for executive RSU grants is consistent with standard corporate governance practices among publicly traded construction firms like Fluor Corporation or AECOM.

Stakeholder Impact

• Shareholders may experience minor dilution upon the future conversion of these RSUs into common stock.

Next Steps

• Vesting of 3,657 shares on May 20, 2027.
• Vesting of 3,657 shares on May 20, 2028.
• Vesting of 3,657 shares on May 20, 2029.

Key Dates

Keywords

Tutor Perini, TPC, Form 4, Insider Transaction, Restricted Stock Units, Executive Compensation