Tutor Perini sets $2.5 million 2027 equity award for EVP Ariqat in letter agreement
On June 19, 2025, Tutor Perini entered into a letter agreement with Executive Vice President Ghassan M. Ariqat, superseding his prior employment letter. The agreement memorializes his previously disclosed salary, target bonus and long-term incentive opportunities and adds long-term equity incentive awards in 2027 valued at $2.5 million. The filing describes an officer compensation arrangement and does not include financial results or other changes that would directly alter the company's outlook.
Key points
- Agreement dated June 19, 2025, with Ghassan M. Ariqat, EVP, Building and Specialty Contractors Groups
- Supersedes Ariqat's prior employment letter and supplements his previously disclosed separation benefits agreement
- Adds long-term equity incentive awards in 2027 valued at $2.5 million
- Salary, target bonus and long-term incentive opportunities were previously disclosed and are restated
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 20, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.