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Tutor Perini insider plans $128M stock sale

TUTOR PERINI CORP (TPC) received a Form 144 notice that affiliate Ronald N. Tutor intends to sell common stock under Rule 144.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TUTOR PERINI CORP (TPC) received a Form 144 notice that affiliate Ronald N. Tutor intends to sell common stock under Rule 144. The filing lists 1,500,000 shares of TPC common stock to be sold through Merrill Lynch on the NYSE, with an aggregate market value of $128,000,000 as of August 31, 2026. The notice states that the shares will be sold by the Tutor Marital Property Trust, with Ronald Tutor as trustee, and that the securities were originally acquired through compensation and a merger, including holdings in the Ronald N. Tutor Separate Property Trust.

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Shares to be sold 1,500,000 shares of common stock Number of TPC shares covered by the Rule 144 notice
Aggregate market value $128,000,000 Value of 1,500,000 TPC shares to be sold under Rule 144
Shares outstanding 52,569,117 shares TPC common shares outstanding referenced in the Form 144
Transfer acquisition on 03/08/2026 71,982 shares Shares acquired from compensation by Ronald N. Tutor on 03/08/2026
Transfer acquisition on 01/18/2020 15,361 shares Shares acquired from compensation by Ronald N. Tutor on 01/18/2020
Separate Property Trust transfer 941,856 shares Shares acquired from the merger by Ronald N. Tutor Separate Property Trust on 03/23/2015
Additional Separate Property Trust transfer 470,801 shares Additional shares acquired from the merger by Ronald N. Tutor Separate Property Trust on 03/23/2015
Date of Notice 08/31/2026 Date of the Form 144 notice covering the proposed TPC share sale
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.
aggregate market value financial
"Common | Merrill Lynch ... | 1500000 | 128000000 | 52569117"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Separate Property Trust financial
"Ronald N. Tutor Separate Property Trust, which acquired shares from the merger"
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.
affiliate regulatory
"Affiliate 144: Securities Information"

FAQ

How many TPC shares are covered by Ronald Tutor's Form 144 filing?

The Form 144 for TPC covers a proposed sale of 1,500,000 shares of Tutor Perini Corp common stock. These shares are to be sold under Rule 144 through Merrill Lynch on the NYSE, according to the notice dated August 31, 2026.

What is the aggregate market value of the TPC shares in this Form 144?

The filing reports an aggregate market value of $128,000,000 for the 1,500,000 TPC shares covered by the planned Rule 144 sale. This valuation is stated as of August 31, 2026.

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

The notice lists Ronald N. Tutor as the person for whose account the TPC securities are to be sold, identified as an affiliate. The remarks state that the shares are to be sold by the Tutor Marital Property Trust, with Ronald Tutor as trustee.

What class of TPC securities is being sold and on which market?

The Form 144 covers common stock of Tutor Perini Corp (TPC). The securities information section specifies that the shares are to be sold through Merrill Lynch with trading on the NYSE.

How many TPC shares are outstanding according to this Form 144?

The Form 144 states that there are 52,569,117 shares of TPC common stock outstanding. This figure is provided in the securities information section as context for the proposed sale under Rule 144.

When was the Form 144 notice for TPC dated?

The Form 144 notice for TPC is dated August 31, 2026. This date appears both in the securities information section and as the Date of Notice in the remarks and signature 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