Assouri Kristiyan D 4

What Happened
Kristiyan D. Assouri, EVP and Chief Legal Officer of Tutor Perini Corporation (TPC), received a grant of 10,971 restricted stock units (RSUs) on May 20, 2026. The award was recorded at $0.00 per share (typical for RSU grants); the RSUs are derivatives that convert into common stock on a 1-for-1 basis at vesting. This is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (timely within the usual 2-business-day window).
• Grant: 10,971 RSUs at $0.00 per share (derivative award).
• Vesting: 3,657 RSUs vest on each of May 20, 2027, 2028 and 2029, contingent on continued employment (per footnote).
• Conversion: RSUs convert 1-for-1 into Tutor Perini common shares upon vesting.
• Shares owned after transaction: Not specified in the filing.
• Filing status: Not reported as late.

Context
RSU grants are common executive compensation/retention tools; they do not create immediately tradable shares until they vest. This award increases potential future share ownership for Assouri if he remains employed through each vesting date; it is not an immediate market-direction signal like a purchase or sale.