---
schema_version: "secwatch.filing_event.v1"
accession: "0000077543-25-000071"
form_type: "8-K"
ticker: "TPC"
cik: "0000077543"
company_name: "TUTOR PERINI CORP"
filed_at: "2025-04-04T23:59:59+00:00"
generated_at: "2026-05-23T21:50:01.400154+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Tutor Perini enters severance agreements with three named executives providing 150% of base+bonus

## Summary
- Agreements with Ghassan Ariqat (EVP Building/Specialty), Kristiyan Assouri (EVP, Chief Legal Officer), and Ryan Soroka (EVP/CFO).
- On termination without cause or for good reason: severance = 150% of base salary plus target bonus, pro-rata bonus, full equity vesting.
- If termination occurs within 2 years after a change in control, severance multiplier rises to 200% of base salary plus target bonus.
- Death or disability triggers pro-rata bonus and full equity vesting; options remain exercisable until max expiration.
- Severance payments conditioned on execution and non-revocation of a general release of claims.

## SEC filing metadata
- accession: 0000077543-25-000071
- form_type: 8-K
- ticker: TPC
- cik: 0000077543
- company_name: TUTOR PERINI CORP
- filed_at: 2025-04-04T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77543/000007754325000071/0000077543-25-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77543/000007754325000071/tpc-20250331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000077543-25-000071
- JSON: https://secwatch.observer/filing/0000077543-25-000071.json
- Plain text: https://secwatch.observer/filing/0000077543-25-000071.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.