[144] Tutor Perini Corporation SEC Filing

Rhea-AI Filing Summary

Tutor Perini Corporation (TPC) Form 144 notice shows a proposed sale of 100,000 shares of common stock through J.P. Morgan Securities with an aggregate market value of $5,702,000, scheduled approximately for 08/22/2025. The shares were acquired by transfer on 11/22/2021 from Ronald N. Tutor. The filing also discloses multiple related sales in June 2025: transactions on 06/02, 06/03, 06/10 and 06/11 totaling 315,000 shares with gross proceeds shown. The notice represents the seller's statement that no undisclosed material adverse information is known and documents the seller's intent to sell under Rule 144.

Positive

• None.

Negative

• The filer proposes to sell 100,000 shares with an aggregate market value of $5,702,000 on 08/22/2025.
• Related insider sales occurred in June 2025 totaling 315,000 shares with reported gross proceeds across multiple transactions.

Insights

Securities Analyst

TL;DR: Insider sales disclosed, modest relative to outstanding shares, likely neutral but worth monitoring for pattern changes.

The filing reveals a proposed 100,000-share sale (~$5.7M) scheduled for August 22, 2025, executed via J.P. Morgan. Prior June 2025 sales total 315,000 shares, indicating recent insider liquidity events. Against 52,743,248 shares outstanding, the proposed sale is roughly 0.19% of outstanding stock, which is not large in isolation. For investors, this is disclosure of insider selling activity rather than a standalone material event; assess alongside trading patterns and company fundamentals.

Corporate Governance Expert

TL;DR: Proper Rule 144 disclosure filed; demonstrates compliance but signals insider disposition of shares.

The Form 144 provides requisite information about the seller, acquisition date, broker, and recent sales, meeting regulatory requirements for transparency. The seller certifies no undisclosed material adverse information. Repeated sales in June followed by the August proposed sale may reflect personal liquidity rather than firm issues, but governance-focused investors may track frequency and size of such transactions as part of stewardship assessment.

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	100000	5702000	52743248	08/22/2025	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	11/22/2021	Transfer	Ronald N. Tutor, who acquired the shares on 11/22/21			100000	11/22/2021	N/A

* 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	06/03/2025	100000	3862100
Tutor Marital Property Trust C/o Tutor Perini Corporation 15901 Olden Street Sylmar CA 91342	Common Stock	06/10/2025	29522	1196047
Tutor Marital Property Trust C/o Tutor Perini Corporation 15901 Olden Street Sylmar CA 91342	Common Stock	06/11/2025	130478	5341260
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 the Form 144 for Tutor Perini (TPC) disclose?

The Form 144 discloses a proposed sale of 100,000 common shares (aggregate market value $5,702,000) via J.P. Morgan, scheduled for 08/22/2025, and prior June 2025 sales totaling 315,000 shares.

Who acquired the shares being sold according to the filing?

The filing states the shares were acquired by transfer on 11/22/2021 from Ronald N. Tutor.

How many shares outstanding does Tutor Perini report in this filing?

The filing lists 52,743,248 shares outstanding.

Through which broker will the proposed sale be executed?

The notice lists J.P. Morgan Securities LLC as the broker for the proposed sale.

Does the filer assert there is undisclosed adverse information?

By signing the notice, the person represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.