secwatch.observer — SEC 8-K summary
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Issuer:     TUTOR PERINI CORP (TPC)
CIK:        0000077543
Form:       8-K
Filed at:   2023-07-03T23:59:59+00:00
Accession:  0000077543-23-000121
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Wendy Hallgren leaves as EVP & General Counsel; $1.45M separation; board member dies
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- Wendy Hallgren transitioned out as EVP & General Counsel effective June 30, 2023; will consult through Dec 31, 2023 at $75,000/month.
- Separation package includes ~$1.45M cash, pro-rata 2023 bonus, accelerated equity vesting, and extended vested option life.
- Board member Dr. Michael Horodniceanu passed away on June 22, 2023; Dennis Oklak appointed to Compensation Committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77543/000007754323000121/0000077543-23-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77543/000007754323000121/tpc-20230630.htm
  HTML page:      https://secwatch.observer/filing/0000077543-23-000121

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