Tutor Perini (TPC) executive Ariqat received 41,266 Phantom Stock Units
Stocks in this Quantisnow insightConsumer Discretionary
Insider transactions reported
Ghassan Ariqat (Executive Vice President at Tutor Perini Corporation, TPC) reported that they received 41,266 Phantom Stock Units on May 15, 2025.
- Reporting person
- Ariqat Ghassan
- Role
- Executive Vice President
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| May 15, 2025 | Grant or award (A) | Phantom Stock UnitsOn 41,266 Common Stock1, 2 | +41,266 | - | - | 41,266 direct |
Holdings before and after
- Phantom Stock Units: 0 to 41,266 direct
Footnotes from the filing
- 1. The phantom stock units are settled in cash at a value equal to the number of units vested multiplied by the closing price per share of Tutor Perini Corporation's common stock on the applicable vesting date.
- 2. On May 15, 2025, the reporting person was granted 41,266 cash-settled phantom stock units, of which 20,633 vest on each of May 15, 2026 and 2027, contingent upon the reporting person's continued employment through each applicable vesting date. These phantom stock units are considered derivative securities settled in cash at a value equal to the number of units vested multiplied by the closing price per share of common stock of Tutor Perini Corporation (Issuer) on the applicable vesting date.
Transaction codes in this filing
- Grant or award:
- Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
FAQ
What did Ariqat report in this TPC Form 4?
Ghassan Ariqat (Executive Vice President at Tutor Perini Corporation, TPC) reported that they received 41,266 Phantom Stock Units on May 15, 2025.
What does transaction code A mean on an SEC Form 4?
Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
Historical context for TPC
Earlier insider filings at TPC
- Apr 3, 2025Executive Vice President Ariqat Ghassan converted options into 30,000 shares and returned $695,400 worth of shares to the company (30,000 units at $23.18) (SEC Form 4)
- Mar 14, 2025SEC Form 4 filed by EVP and Chief Legal Officer Assouri Kristiyan D
- Mar 14, 2025SEC Form 4 filed by Executive Vice President Jensen William E
- Mar 14, 2025SEC Form 4 filed by Executive Vice President Ariqat Ghassan
- Mar 14, 2025SEC Form 4 filed by VP & Chief Accounting Officer Dieu Henry
Quantisnow market dataNYSE
TPC
Tutor Perini Corporation
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- General Bldg Contractors - Nonresidential Bldgs
- Listed since
- 1970
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