Ariqat Ghassan 4
4 · TUTOR PERINI CORP · Filed Mar 14, 2025
Insider Transaction Report
Form 4
Ariqat Ghassan
Executive Vice President
Transactions
- Award
Phantom Stock Units
2025-03-12+19,439→ 19,439 total→ Common Stock (19,439 underlying)
Footnotes (2)
- [F1]The phantom stock units are settled in cash at a value equal to the number of units vested multiplied by the closing price per share of Tutor Perini Corporation's common stock on the applicable vesting date.
- [F2]On March 12, 2025, the reporting person was granted 19,439 cash-settled phantom stock units, of which 6,479 vest on March 12, 2026 and 6,480 vest on each of March 12, 2027 and 2028, contingent upon the reporting person's continued employment through each applicable vesting date. These phantom stock units are considered derivative securities settled in cash at a value equal to the number of units vested multiplied by the closing price per share of common stock of Tutor Perini Corporation (Issuer) on the applicable vesting date.