secwatch.observer — SEC 8-K summary
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Issuer:     TUTOR PERINI CORP (TPC)
CIK:        0000077543
Form:       8-K
Filed at:   2022-09-27T23:59:59+00:00
Accession:  0000077543-22-000061
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Tutor Perini CEO Ronald Tutor adds President role as Jack Frost retires
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- Jack Frost to retire June 30, 2023; steps down as President & COO on Sept 30, 2022.
- CEO Ronald N. Tutor assumes additional role of President effective Sept 30, 2022.
- Michael F. Smithson and Ghassan Ariqat appointed Executive Vice Presidents.
- Frost to receive $1M annual base salary through June 2023, then $62.5k/month consulting fee.
- Frost granted 100,000 cash-settled performance units and deferred cash award tied to stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77543/000007754322000061/0000077543-22-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77543/000007754322000061/tpc-20220922.htm
  HTML page:      https://secwatch.observer/filing/0000077543-22-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer