REISS DALE ANNE 4
Research Summary
AI-generated summary
Tutor Perini (TPC) Director Dale Anne Reiss Receives Award, Gifts Shares
What Happened Dale Anne Reiss, a director of Tutor Perini Corporation (TPC), was granted 2,337 shares on May 20, 2026 as partial compensation for her 2026 board retainer (reported as an award at $0). On the same date she also made a gift disposition of 36,340 shares and a corresponding gift acquisition of 36,340 shares (both reported at $0). These transactions are not open‑market purchases or sales for cash; the grant is compensation and the transfers are gifts.
Key Details
- Transaction date: 2026-05-20; Form 4 filed 2026-05-22 (timely filing).
- Transactions reported:
- Award/Grant (Code A): 2,337 shares @ $0.00 (acquired).
- Gift (Code G): 36,340 shares @ $0.00 (disposed).
- Gift (Code G): 36,340 shares @ $0.00 (acquired).
- Shares owned after the transaction: not specified in this Form 4.
- Footnote: F1 — the 2,337 shares were issued as partial compensation for the 2026 Board of Directors annual retainer fee.
- No 10b5-1 plan, tax withholding, or option exercises were reported in this filing.
Context
- The 2,337-share award reflects director compensation, not a market purchase — such awards are routine and intended as pay for service.
- Gift transactions are transfers of ownership and do not necessarily indicate the insider’s view of the company’s prospects.
- For retail investors, purchases for cash tend to be a clearer bullish signal than awards or gifts; this filing primarily documents compensation and transfers, not a cash buy or sell.