DIEU HENRY 4

What Happened Henry Dieu, Senior Vice President and Chief Accounting Officer of Tutor Perini Corporation (TPC), had 1,191 restricted stock units (RSUs vest) and convert into 1,191 common shares on June 19, 2026. To cover tax withholding, 522 of those shares were surrendered at an implied tax withholding value of $77.99 per share, totaling $40,711; the insider received 669 net shares. The RSU conversion shows an effective exercise/conversion price of $0.00 (no purchase cost).

Key Details

• Transaction date: June 19, 2026; Form 4 filed June 23, 2026 (filed on time).
• Primary actions: RSU conversion/vesting (code M) — 1,191 shares converted; tax withholding (code F) — 522 shares withheld at $77.99 each for $40,711.
• Net shares delivered to insider: 669 shares (1,191 vested − 522 withheld).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 clarifies RSUs convert 1-for-1 into common stock; F2 notes the RSUs were part of a 3,574-RSU grant on June 19, 2025 vesting in three annual tranches (1,191 on 6/19/26, 1,191 on 6/19/27, 1,192 on 6/19/28).
• No 10b5-1 plan or gift noted; withholding for taxes is routine.

Context This was a standard RSU vesting and conversion event, not an open‑market purchase or voluntary sale. The withholding of shares to cover tax obligations (a common practice) reduced the number of shares issued to the insider; the transaction does not by itself indicate buying or selling sentiment.