Tutor Perini (NYSE: TPC) director sells 13,400 shares
Rhea-AI Filing Summary
TUTOR PERINI CORP (TPC) director Dale Anne Reiss reported indirect transactions in common stock through trusts. On 2026-08-27, an irrevocable trust for her benefit sold 6,000 shares at a weighted average price of $92.07 per share, leaving 31,203 shares held by that trust. On the same date, a separate trust for her benefit sold 7,400 shares at a weighted average price of $92.02 per share. On 2026-08-28, that same trust made a bona fide gift of 600 shares to a charitable donor-advised fund. All holdings and transactions reported are indirect, through the named trusts.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 14,000 shares
Net Sell
3 txns
Insider
REISS DALE ANNE
Role
Director
Sold
13,400 shs ($1.23M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F3 | 600 | $0.00 | $0.00 |
| Sale | Common Stock F1 | 6,000 | $92.07 | $552K |
| Sale | Common Stock F2 | 7,400 | $92.02 | $681K |
Holdings After Transaction:
Common Stock — 31,203 shares (Indirect, By Irrevocable Trust for Dale Anne Reiss);
Common Stock — 57,178 shares (Indirect, By Dale Anne Reiss Trust U/A 08/08/1990 As Amended)
Footnotes (3)
- F1. The price reported on Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.00 to $92.38, 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.
- F2. The price reported on Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.00 to $92.15, 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.
- F3. Reflects the gift of common stock to a charitable donor-advised fund.
Key Figures
Shares sold (Irrevocable Trust): 6,000 shares
Weighted average sale price (Irrevocable Trust): $92.07 per share
Shares held after sale (Irrevocable Trust): 31,203 shares
+4 more
7 metrics
Shares sold (Irrevocable Trust)
6,000 shares
Sale of TPC common stock on 2026-08-27 by Irrevocable Trust for Dale Anne Reiss
Weighted average sale price (Irrevocable Trust)
$92.07 per share
Prices ranged from $92.00 to $92.38 on 2026-08-27
Shares held after sale (Irrevocable Trust)
31,203 shares
Indirect holdings of TPC common stock following 6,000-share sale
Shares sold (Reiss Trust U/A 08/08/1990)
7,400 shares
Sale of TPC common stock on 2026-08-27 by Dale Anne Reiss Trust U/A 08/08/1990 As Amended
Weighted average sale price (Reiss Trust U/A 08/08/1990)
$92.02 per share
Prices ranged from $92.00 to $92.15 on 2026-08-27
Gifted shares
600 shares
Bona fide gift of TPC common stock on 2026-08-28 to a charitable donor-advised fund
Total shares sold
13,400 shares
Combined sales by trusts associated with Dale Anne Reiss on 2026-08-27
Key Terms
bona fide gift, weighted average price, donor-advised fund, indirect ownership
4 terms
bona fide gift financial
"transaction_code_description: "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.
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.
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.
indirect ownership financial
"All holdings and transactions reported are indirect, through the named trusts."
FAQ
What insider transactions did TPC director Dale Anne Reiss report in this Form 4?
Dale Anne Reiss reported indirect transactions in TPC common stock, including sales totaling 13,400 shares on 2026-08-27 through two trusts and a bona fide gift of 600 shares on 2026-08-28 from one of those trusts to a charitable donor-advised fund.
Are the TPC transactions by Dale Anne Reiss direct or indirect holdings?
All reported TPC transactions and holdings are indirect, held through trusts: an Irrevocable Trust for Dale Anne Reiss and the Dale Anne Reiss Trust U/A 08/08/1990 As Amended. The Form 4 attributes the share ownership and transactions to these entities.
Was a Rule 10b5-1 trading plan indicated for these TPC insider transactions?
No. The Form 4’s Rule 10b5-1 checkbox is not marked as an affirmative plan for these TPC transactions, and the footnotes do not state that the trades were executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
