TUTOR PERINI CORP·4

May 22, 5:16 PM ET

Jigisha Desai 4

Research Summary

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Updated

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.