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Tutor Perini trust plans 800K-share stock sale

TUTOR PERINI CORP (TPC) is the issuer for a planned resale of its common stock reported on a Form 144 notice.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TUTOR PERINI CORP (TPC) is the issuer for a planned resale of its common stock reported on a Form 144 notice. A trust associated with Ronald N. Tutor plans to sell 800,000 shares of TPC common stock through Merrill Lynch on the NYSE, with an indicated aggregate market value of $68,000,000. The filing cites 52,569,117 shares outstanding of the same class as context. The shares trace back to a May 9, 2014 transfer to the Ronald N. Tutor Separate Property Trust following a merger, and the current planned sales are to be made by the Ronald N Tutor 2018 Dynasty Trust, with Ronald Tutor as trustee. The notice is dated August 31, 2026 and is made under Rule 144 for affiliate sales.

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Shares to be sold 800,000 shares of common stock Planned Rule 144 sale reported for Tutor Perini Corp
Aggregate market value $68,000,000 Value associated with the 800,000 TPC shares to be sold
Shares outstanding 52,569,117 shares Outstanding common shares of the class involved
Acquisition date of shares 05/09/2014 Date the shares were acquired by Ronald N. Tutor Separate Property Trust
Date of notice 08/31/2026 Date the Form 144 notice was filed
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.
Affiliate regulatory
"Affiliate 144: Securities Information"
Separate Property Trust financial
"Ronald N. Tutor Separate Property Trust, which acquired share from the merger"
Dynasty Trust financial
"to be sold by the Ronald N Tutor 2018 Dynasty Trust , Ronald Tutor as trustee"
Attorney-in-Fact regulatory
"Signature | Ifigenia Protopappas, Attorney-in-Fact"
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 for TPC disclose about planned share sales?

It discloses a planned sale of 800,000 shares of Tutor Perini Corp common stock, with an indicated aggregate market value of $68,000,000, to be sold on the NYSE through Merrill Lynch by a trust associated with Ronald N. Tutor under Rule 144.

Who is the selling security holder in the TPC Form 144 filing?

The notice is filed for the account of Ronald N. Tutor. The remarks state that the shares are to be sold by the Ronald N Tutor 2018 Dynasty Trust, with Ronald Tutor acting as trustee.

How many Tutor Perini (TPC) shares are outstanding according to this filing?

The filing states that 52,569,117 shares of Tutor Perini Corp common stock are outstanding for the class involved. This figure is provided as contextual information alongside the planned Rule 144 sale.

What is the approximate market value of TPC shares covered by this Form 144?

The Form 144 lists an aggregate market value of $68,000,000 for the 800,000 shares of Tutor Perini Corp common stock that are planned to be sold under Rule 144.

When were the TPC shares proposed for sale originally acquired?

The shares were acquired on May 9, 2014 by the Ronald N. Tutor Separate Property Trust via a transfer, in connection with a merger, as described in the Form 144 acquisition details.

On which exchange are the TPC shares in the Form 144 expected to be sold?

The filing indicates that the 800,000 shares of Tutor Perini Corp common stock are to be sold on the NYSE, with Merrill Lynch named in the broker information section.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature