Tutor Perini Corporation has announced a new compensation agreement for Ghassan M. Ariqat, Executive Vice President of the Building and Specialty Contractors Groups, as detailed in a recent Form 8-K filing. Effective June 19, 2025, the letter agreement supplements the previously disclosed separation benefits agreement and supersedes Ariqat's prior employment terms. The agreement confirms his existing salary, target bonus, and long-term incentive program award opportunities, while introducing additional long-term equity incentive awards valued at $2.5 million, set for 2027.
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