OKLAK DENNIS D 4
4 · TUTOR PERINI CORP · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Tutor Perini (TPC) Director Dennis Oklak Gifts 12,000 Shares
What Happened
Dennis D. Oklak, a director of Tutor Perini Corp. (TPC), reported two gifts on 2026-06-17 totaling 12,000 common shares: 8,000 shares were gifted to the Meridian Foundation, Inc., and 4,000 shares were gifted to a charitable donor-advised fund. The Form 4 shows the shares were disposed as gifts at $0.00 per share (no proceeds).
Key Details
- Transaction date: 2026-06-17; Form 4 filed 2026-06-18 (filed promptly).
- Transaction type/code: Gift (G).
- Shares: 8,000 (Meridian Foundation) and 4,000 (donor-advised fund); total 12,000 shares.
- Price/proceeds: $0.00 per share; $0 proceeds reported.
- Ownership after transaction: Not specified in the supplied filing.
- Footnotes: F1 — shares gifted to Meridian Foundation (Mr. Oklak’s family non‑profit); he retains voting and investment power over the Foundation’s shares but no longer has any pecuniary interest. F2 — reflects gift to a charitable donor‑advised fund.
- Filing timeliness: Reported next day; no late filing indicated.
Context
Gifts are commonly charitable and do not necessarily reflect the insider’s view of the company’s stock price. Note that although Mr. Oklak retains voting and investment power over the shares held by his family foundation, the filing specifies he no longer has a pecuniary (financial) interest in those Foundation-held shares.
Insider Transaction Report
- Gift
Common Stock
[F1]2026-06-17−8,000→ 87,488 total - Gift
Common Stock
[F2]2026-06-17−4,000→ 83,488 total
Footnotes (2)
- [F1]The shares were gifted to the Meridian Foundation, Inc., Mr. Oklak's family non-profit foundation, and not sold. Mr. Oklak has voting and investment power over the shares held by the Meridian Foundation, Inc., but no longer has any pecuniary interest in these shares.
- [F2]Reflects the gift of common stock to a charitable donor-advised fund.