Short answer
TUTOR PERINI CORP (TPC) filed an 8-K current report with the SEC on May 26, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 5.07 (Submission of Matters to a Vote of Security Holders). New deferred compensation plan for select management and highly compensated employees, including named executive officers.
TUTOR PERINI CORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- New deferred compensation plan for select management and highly compensated employees, including named executive officers
- Participants may defer salaries, incentive bonuses, cash-settled restricted stock units, and performance stock units
- Elective deferrals 100% vested; discretionary company contributions may carry vesting conditions
- Unfunded “rabbi trust” structure leaves obligations subject to Tutor Perini creditors during bankruptcy or insolvency
- Distributions generally delayed at least six months after separation or two years for in-service elections
Item 5.07 · Submission of Matters to a Vote of Security Holders
- Shareholders re-elected all 10 director nominees, including Ronald N. Tutor, through the 2027 annual meeting
- Director support remained strong, with votes against ranging from 318,864 to 3,755,431
- Deloitte & Touche appointment ratified for fiscal 2026, with 44,877,918 votes for and 937,200 against
- Executive compensation approved on a non-binding advisory basis, with 38,631,812 votes for and 952,357 against
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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