Jensen William E 4
4 · TUTOR PERINI CORP · Filed May 16, 2025
Insider Transaction Report
Form 4
Jensen William E
Executive Vice President
Transactions
- Award
Phantom Stock Units
2025-05-15+33,013→ 33,013 total→ Common Stock (33,013 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 33,013 cash-settled phantom stock units, of which 16,506 vest on May 15, 2026 and 16,507 vest on May 15, 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.