Tutor Perini (NYSE: TPC) director sells 17,500 shares and gifts 7,500

Rhea-AI Filing Summary

Tutor Perini Corp director Robert C. Lieber reported two transactions in the company’s common stock. He made a bona fide gift of 7,500 shares to a charitable donor-advised fund and also sold 17,500 shares in an open-market transaction at a weighted average price of $75.36 per share. After these moves, he continues to directly hold 149,410 shares of Tutor Perini common stock, indicating he retains a substantial ownership stake despite the combination of charitable giving and stock sales.

Insights

Equity compensation and insider-trading analyst

Director combines a charitable stock gift with a moderate open-market sale while retaining a sizable position.

Robert C. Lieber, a director of Tutor Perini Corp, reported a bona fide gift of 7,500 common shares to a charitable donor-advised fund and an open-market sale of 17,500 shares at a weighted average of $75.36 per share. The sale occurred through multiple trades between $75.35 and $75.68.

Following these transactions, Lieber directly holds 149,410 shares of common stock. Based on the visible data, the disposition represents only a portion of his holdings, so the filing reflects a mix of philanthropy and portfolio adjustment rather than a full-scale exit. There are no remaining derivative positions listed in this report.

The footnotes emphasize that the reported sale price is a weighted average and that detailed trade-level prices are available on request, which is standard for insiders executing multiple small trades within a narrow intraday price range.

Insider Trade Summary

Net Seller: 17,500 shares ($1,318,800)

Net Sell 2 txns

Insider Lieber Robert C

Role null

Sold 17,500 shs ($1.32M)

Type	Security	Shares	Price	Value
Sale	Common Stock	17,500	$75.36	$1.32M
Gift	Common Stock	7,500	$0.00	--

Holdings After Transaction: Common Stock — 149,410 shares (Direct, null)

Footnotes (1)

1. The price reported on Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.35 to $75.68, inclusive. The reporting person undertakes to provide to Tutor Perini Corporation, any security holder of Tutor Perini Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote to this Form 4. Reflects the gift of common stock to a charitable donor-advised fund.

Key Figures

Shares sold: 17,500 shares Weighted average sale price: $75.36 per share Price range of sales: $75.35–$75.68 per share +2 more

5 metrics

Shares sold 17,500 shares Open-market sale of common stock

Weighted average sale price $75.36 per share Sale of 17,500 shares in multiple trades

Price range of sales $75.35–$75.68 per share Individual trade prices within reported sale

Shares gifted 7,500 shares Bona fide gift to charitable donor-advised fund

Shares held after transactions 149,410 shares Direct ownership of common stock post-transaction

Key Terms

bona fide gift, donor-advised fund, weighted average price, open-market sale

4 terms

bona fide gift financial

"The transaction code description identifies the transfer as a bona fide gift."

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

donor-advised fund financial

"Reflects the gift of common stock to a charitable donor-advised fund."

A donor-advised fund is a charitable giving account that lets an individual or family deposit cash, stock, or other assets now, get an immediate tax benefit, and then recommend grants to charities over time. Think of it like a private charitable bucket you control without running a charity yourself; investors care because it’s a tax-efficient way to give appreciated securities, can change when and how donated shares enter the market, and affects personal and corporate tax planning.

weighted average price financial

"The price reported on Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"Transaction action is described as an open-market sale of common stock."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lieber Robert C

(Last) (First) (Middle)

C/O TUTOR PERINI CORPORATION

15901 OLDEN STREET

(Street)

SYLMAR CALIFORNIA 91342

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TUTOR PERINI CORP [ TPC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/27/2026		S		17,500	D	$75.36(1)	149,410	D
Common Stock	05/27/2026		G(2)		7,500	D	$0	141,910	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported on Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.35 to $75.68, inclusive. The reporting person undertakes to provide to Tutor Perini Corporation, any security holder of Tutor Perini Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote to this Form 4.

2. Reflects the gift of common stock to a charitable donor-advised fund.

Remarks:

	/s/ Ifigenia Protopappas, Attorney-in-Fact	05/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did TUTOR PERINI CORP (TPC) director Robert C. Lieber report?

Robert C. Lieber reported two transactions in Tutor Perini common stock. He made a bona fide gift of 7,500 shares to a charitable donor-advised fund and sold 17,500 shares in an open-market transaction at a weighted average price of $75.36 per share.

How many TUTOR PERINI CORP (TPC) shares did Robert C. Lieber sell and at what price?

Lieber sold 17,500 shares of Tutor Perini common stock in an open-market transaction. The filing reports a weighted average sale price of $75.36 per share, with individual trades executed between $75.35 and $75.68 per share.

What was the nature of the gift reported by TUTOR PERINI CORP (TPC) director Robert C. Lieber?

Lieber reported a transaction coded as a bona fide gift of 7,500 shares of Tutor Perini common stock. A footnote explains that these shares were gifted to a charitable donor-advised fund, indicating a philanthropic transfer rather than a sale for cash proceeds.

How many TUTOR PERINI CORP (TPC) shares does Robert C. Lieber hold after these transactions?

After the reported gift and stock sale, Robert C. Lieber directly holds 149,410 shares of Tutor Perini common stock. This post-transaction balance shows he continues to maintain a substantial equity stake in the company as a director.

How is the sale price reported in Robert C. Lieber’s TUTOR PERINI CORP (TPC) Form 4?

The Form 4 lists a weighted average price of $75.36 per share for the 17,500 shares sold. A footnote states the shares were sold in multiple transactions between $75.35 and $75.68, and detailed trade prices are available upon request.

Does the TUTOR PERINI CORP (TPC) Form 4 show any option exercises by Robert C. Lieber?

No option exercises are reported in this Form 4. All disclosed transactions involve non-derivative common stock: a bona fide gift of 7,500 shares and an open-market sale of 17,500 shares, with no derivative securities listed as exercised or converted.