Ariqat Ghassan 4
4 · TUTOR PERINI CORP · Filed May 16, 2025
Insider Transaction Report
Form 4
Ariqat Ghassan
Executive Vice President
Transactions
- Award
Phantom Stock Units
2025-05-15+41,266→ 41,266 total→ Common Stock (41,266 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 May 15, 2025, the reporting person was granted 41,266 cash-settled phantom stock units, of which 20,633 vest on each of May 15, 2026 and 2027, 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.