ARKLEY PETER 4
Research Summary
AI-generated summary
Tutor Perini Director Peter Arkley Receives 2,337-Share Award
What Happened Peter Arkley, a director of Tutor Perini Corp. (TPC), was granted 2,337 shares of common stock on May 20, 2026. The shares were issued as compensation (transaction code A) at $0.00 per share (no cash paid). This was an award for board service rather than an open-market purchase or sale.
Key Details
- Transaction date: May 20, 2026; filing date: May 22, 2026 (appears filed within the usual reporting window).
- Grant details: 2,337 shares granted, acquisition price reported as $0.00.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: F1 — shares were issued as partial compensation for the 2026 Board of Directors annual retainer fee.
- Transaction type: Award/compensation (not a purchase or sale).
Context Grants to directors for retainer fees are common and typically reflect routine compensation rather than a trading signal. Because these shares were issued as payment for services, they should be viewed as compensation-related rather than an indicator of the director’s personal market view.