TPC Form 144 Filed for 300,000-Share Sale via J.P. Morgan on 08/25/2025

Rhea-AI Filing Summary

Tutor Perini Corporation (TPC) Form 144 notifies the proposed sale of 300,000 shares of common stock through J.P. Morgan Securities LLC on 08/25/2025 with an aggregate market value of $17,529,000. The filing reports 52,743,248 shares outstanding for the issuer. The shares to be sold were acquired on 03/23/2015 by transfer from the Ronald N. Tutor Separate Property Trust, which originally acquired them on 09/08/2008.

The report also lists multiple recent sales by related trusts during June and August 2025, including sales of 130,478, 29,522, and 100,000 shares in June and sales of 20,000 and 80,000 shares in August, with gross proceeds shown for each transaction. The filer certifies no undisclosed material information and includes the required signature statement.

Positive

• Full disclosure of transaction details including broker, share counts, aggregate market value, and planned sale date
• Acquisition history provided showing date and source of shares (transfer from Ronald N. Tutor Separate Property Trust)
• Recent related sales listed with gross proceeds, improving transparency about prior dispositions

Negative

• No issuer operational or financial data is included, so the filing does not inform on company performance
• Filing does not state whether sales are part of a pre-established trading plan, only the standard attestation

Insights

Securities Analyst

TL;DR: A non-issuer insider sale notice for 300,000 TPC shares valued at $17.53M filed for sale via JP Morgan on 08/25/2025.

The Form 144 is a routine disclosure under Rule 144 showing an intended brokered sale by or for accounts related to Ronald N. Tutor trusts. Key specifics are clearly stated: number of shares, market value, planned sale date, acquisition history, and recent related sales with gross proceeds. The filing is informational and required for compliance when restricted/affiliate holdings are to be sold in reliance on Rule 144. It does not provide operational or financial performance data about Tutor Perini Corporation.

Corporate Governance Expert

TL;DR: The notice documents affiliated trust sales and provides the required representations about material nonpublic information.

The filing discloses transfers from related trust entities and recent dispositions over June and August 2025, with explicit gross proceeds and amounts per transaction. It includes the attestation that the seller lacks undisclosed material adverse information. From a governance and compliance perspective, the form appears properly completed for a Rule 144 sale notice; it contains acquisition dates, transfer origins, and broker details required for transparency around affiliate sales.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 390 Madison Avenue, 6th Floor New York NY 10017	300000	17529000	52743248	08/25/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	03/23/2015	Transfer	Ronald N. Tutor Separate Property Trust, who acquired the shares on 09/08/2008			300000	03/23/2015	Transfer

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Tutor Marital Property Trust C/o Tutor Perini Corporation 15901 Olden Street Sylmar CA 91342	Common Stock	06/11/2025	130478	5341260.46
Tutor Marital Property Trust C/o Tutor Perini Corporation 15901 Olden Street Sylmar CA 91342	Common Stock	06/10/2025	29522	1196047.4
Tutor Marital Property Trust C/o Tutor Perini Corporation 15901 Olden Street Sylmar CA 91342	Common Stock	06/03/2025	100000	3862100
Ronald N. Tutor Separate Property Trust C/o Tutor Perini Corporation 15901 Olden Street Sylmar CA 91342	Common Stock	08/25/2025	20000	1183576
Ronald N. Tutor Separate Property Trust C/o Tutor Perini Corporation 15901 Olden Street Sylmar CA 91342	Common Stock	08/22/2025	80000	4692336
Ronald N. Tutor Separate Property Trust C/o Tutor Perini Corporation 15901 Olden Street Sylmar CA 91342	Common Stock	06/02/2025	50000	1872665

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Tutor Perini Corporation's (TPC) Form 144 report?

The Form 144 reports a proposed sale of 300,000 common shares via J.P. Morgan on 08/25/2025 with an aggregate market value of $17,529,000.

Who acquired the shares being sold and when were they acquired?

The 300,000 shares were acquired on 03/23/2015 by transfer from the Ronald N. Tutor Separate Property Trust, which had acquired them on 09/08/2008.

How many shares outstanding does the Form 144 list for the issuer?

The filing lists 52,743,248 shares outstanding for Tutor Perini Corporation.

Were there recent related sales by the filer or affiliated trusts?

Yes. The filing lists sales in June and August 2025 including 130,478, 29,522, 100,000, 50,000, 20,000 and 80,000 share transactions with gross proceeds shown for each.

Which broker is handling the proposed sale?

J.P. Morgan Securities LLC, located at 390 Madison Avenue, New York, NY, is named as the broker.