William E. Jensen - Mar 14, 2025 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role: Executive Vice President
Signature: /s/ Ifigenia Protopappas, Attorney-in-Fact
Stock symbol: TPC
Transactions as of: Mar 14, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/14/2025, 07:16 PM
Previous filing: Aug 19, 2024
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TPC	Phantom Stock Units	Award	$0	+19.4K		$0.00	19.4K	Mar 14, 2025	Common Stock	19.4K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	On March 14, 2025, the reporting person was granted 19,439 cash-settled phantom stock units, of which 6,479 vest on March 14, 2026 and 6,480 vest on each of March 14, 2027 and 2028, 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.

Content

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.

On March 14, 2025, the reporting person was granted 19,439 cash-settled phantom stock units, of which 6,479 vest on March 14, 2026 and 6,480 vest on each of March 14, 2027 and 2028, 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.