Form 4 for TPC TUTOR PERINI CORP
Accepted 2025-03-11 00:00:00 ET · period of report 2024-03-13 · accession 0000077543-25-000032 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-03-11 | 2025-03-08+ | TPC | SOROKA RYAN JOSEPH | CFO, Executive VP | M - OptEx | — | +20.0K | 43.7K | +85% | — |
| DM | 2025-03-11 | 2025-03-08+ | TPC | SOROKA RYAN JOSEPH | CFO, Executive VP | F - Tax | $26.58 | -10.8K | 33.7K | -24% | -$288.3K |
| D | 2025-03-11 | 2024-03-13 | TPC | SOROKA RYAN JOSEPH | CFO, Executive VP | A - Grant | $0.00 | +14.3K | 14.3K | New | $0 |
| DM | 2025-03-11 | 2025-03-08+ | TPC | SOROKA RYAN JOSEPH | CFO, Executive VP | M - OptEx | $0.00 | -20.0K | 10.0K | -67% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-08 | M | A | 10,000 | — | 39,148 | D | — | — | (F1) The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis. |
| 2 | Common | Common Stock | 2025-03-09 | F | D | 5,355 | $26.58 | 38,302 | D | — | — | |
| 3 | Common | Common Stock | 2025-03-09 | M | A | 10,000 | — | 43,657 | D | — | — | (F1) The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis. |
| 4 | Common | Common Stock | 2025-03-08 | F | D | 5,491 | $26.58 | 33,657 | D | — | — | |
| 5 | Derivative | Cash-Settled Performance Stock Units | 2024-03-13 | A | A | 14,337 | $0.00 | 14,337 | D | — · — to — | 14,337 Common Stock | (F4) Reflects the target number (Target Award) of cash-settled performance stock units (CPSUs) granted on March 13, 2024, which are scheduled to vest on December 31, 2026 based upon achievement of certain annualized stock price growth goals over a three-year performance period, with vesting ranging from 0% to 250% of the Target Award. The cash settlement amount will equal the number of shares that vest multiplied by the then fair market value of the shares. Due to an administrative error by the Company, the report for this award was filed late. The March 13, 2024 award was granted when the reporting person was Senior Vice President and Chief Financial Officer. |
| 6 | Derivative | Restricted Stock Units | 2025-03-09 | M | D | 10,000 | $0.00 | 0 | D | — · — to — | 10,000 Common Stock | (F1) The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis. (F3) On March 9, 2022, the reporting person was granted 30,000 RSUs, of which 10,000 vested on each of March 9, 2023, 2024 and 2025. |
| 7 | Derivative | Restricted Stock Units | 2025-03-08 | M | D | 10,000 | $0.00 | 10,000 | D | — · — to — | 10,000 Common Stock | (F1) The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis. (F2) On March 8, 2023, the reporting person was granted 30,000 RSUs, of which 10,000 vest on each of March 8, 2024, 2025 and 2026, contingent upon the reporting person's continued employment through these dates. |