Form 4: Tutor Perini VP Henry Dieu Receives RSU Grant
Statement of Changes in Beneficial Ownership
Tutor Perini Corporation VP and Chief Accounting Officer Henry Dieu was granted 5,485 restricted stock units on May 20, 2026.
Summary
- Henry Dieu, VP and Chief Accounting Officer of Tutor Perini Corporation, received a grant of 5,485 restricted stock units (RSUs).
- The RSUs convert to common stock on a 1-for-1 basis.
- The grant is subject to a multi-year vesting schedule contingent on continued employment.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation that carries no significant market-moving sentiment.
Positives
- Alignment of executive interests with long-term shareholder value through equity-based compensation.
Negatives
- Potential for future share dilution upon the vesting and conversion of the RSUs into common stock.
Risks
- Vesting is contingent upon continued employment, creating potential retention risk if the executive departs before the 2029 final vesting date.
Future Outlook
The RSUs will vest in three tranches: 1,828 units on May 20, 2027, 1,828 units on May 20, 2028, and 1,829 units on May 20, 2029, provided the reporting person remains employed by the company.
Industry Context
StockSavvy.ai notes that equity grants for key accounting and financial officers are standard corporate governance practices designed to incentivize long-term retention and performance alignment in the construction and engineering sector.
Comparison to Industry Standards
- The use of multi-year vesting schedules for RSU grants is consistent with standard executive compensation practices among publicly traded construction firms like Fluor Corporation and AECOM.
Stakeholder Impact
- Minor potential dilution for existing shareholders upon future conversion of RSUs.
Next Steps
- Vesting of 1,828 RSUs on May 20, 2027.
- Vesting of 1,828 RSUs on May 20, 2028.
- Vesting of 1,829 RSUs on May 20, 2029.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of RSU grant and earliest transaction. |
| 05/20/2027 | First vesting date for 1,828 RSUs. |
| 05/20/2028 | Second vesting date for 1,828 RSUs. |
| 05/20/2029 | Final vesting date for 1,829 RSUs. |
Keywords
Tutor Perini, TPC, Form 4, Insider Transaction, Restricted Stock Units, Executive Compensation
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