Jigisha Desai 4
4 · TUTOR PERINI CORP · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Tutor Perini (TPC) Director Jigisha Desai Receives Award of 3,992 Shares
What Happened
- Jigisha Desai, a director of Tutor Perini Corp (TPC), was granted 3,992 shares of common stock on 2026-05-20 as part of her 2026 Board of Directors annual retainer.
- The Form 4 shows an acquisition (award) of 3,992 shares at $0.00 per share, total reported value $0 — these shares were issued as compensation rather than purchased.
Key Details
- Transaction date: 2026-05-20; filing date (Form 4): 2026-05-22 (Accession 0001745701-26-000003).
- Transaction type/code: Award/Grant (A); price per share reported $0.00; total reported consideration $0.
- Shares owned after the transaction: Not disclosed on the reported Form 4.
- Footnote: F1 — shares issued as compensation for the 2026 Board of Directors annual retainer fee.
- No late-filing flag indicated on the form.
Context
- Director awards for board retainer fees are common and reflect compensation rather than an insider buying shares with personal funds; they do not necessarily signal the director's market view.
- Retail investors should note this is a routine compensation grant; any future open-market buys or sales by the director would provide clearer insight into personal conviction.
Insider Transaction Report
Form 4
Jigisha Desai
Director
Transactions
- Award
Common Stock
[F1]2026-05-20+3,992→ 83,092 total
Footnotes (1)
- [F1]Represents shares of common stock issued to the reporting person as compensation for 2026 Board of Directors annual retainer fee.
Signature
/s/ Ifigenia Protopappas, Attorney-in-Fact|2026-05-22