Tutor Perini (NYSE: TPC) director to sell 7,400 shares via trust
Rhea-AI Filing Summary
TUTOR PERINI CORP (TPC) is the issuer for a planned resale of common stock under Rule 144 for the account of director Dale Anne Reiss. A total of 7,400 common shares are listed to be sold through Fidelity Brokerage Services LLC, with an aggregate market value of $651,200.00 and 52,569,117 common shares outstanding. The notice states that shares will be sold from the DALE ANNE REISS TRUST U/A 08/08/1990 as amended.
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Key Figures
Shares to be sold: 7,400 common shares
Aggregate market value: $651,200.00
Shares outstanding: 52,569,117 common shares
+2 more
5 metrics
Shares to be sold
7,400 common shares
Common stock listed for sale under Rule 144
Aggregate market value
$651,200.00
Market value of 7,400 common shares to be sold
Shares outstanding
52,569,117 common shares
Common shares outstanding for TUTOR PERINI CORP
Stock award 2025
4,401 common shares
Stock award dated 05/23/2025 classified as Compensation
Stock award 2024
2,999 common shares
Stock award dated 05/28/2024 classified as Compensation
Key Terms
Rule 144, stock award, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
stock award financial
"Common | 05/23/2025 | Stock Award | ISSUER"
attorney-in-fact regulatory
"as attorney-in-fact for REISS DALE ANNE"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for TPC?
The filing discloses a planned sale under Rule 144 of 7,400 TPC common shares for the account of director Dale Anne Reiss, to be executed through Fidelity Brokerage Services LLC from a trust account.
What additional TPC equity awards are referenced in the Form 144?
The filing references two common stock awards by the issuer: 4,401 shares granted on 05/23/2025 and 2,999 shares granted on 05/28/2024, each described as Compensation stock awards of common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.