STOCK TITAN
  1. Home
  2. Sec-filings
  3. TPC
  4. [Form 4] TUTOR PERINI CORP Insider Trading Activity

Tutor Perini chair sells 2.31M shares via trusts

TUTOR PERINI CORP (TPC) insider Ronald N. Tutor, Executive Chairman and director, reported three indirect open-market sales of common stock on August 31, 2026 through related trusts.

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

TUTOR PERINI CORP (TPC) insider Ronald N. Tutor, Executive Chairman and director, reported three indirect open-market sales of common stock on August 31, 2026 through related trusts. A total of 2,310,000 shares were sold, including broker-arranged block trades, with the trusts continuing to hold substantial share positions afterward.

Footnotes state Mr. Tutor previously disclosed an intention to sell shares over 18 months as part of estate and tax planning as he approaches retirement, and that these sales are for personal reasons. He also indicated having a high degree of confidence in the company’s business and future performance. No Rule 10b5-1 trading plan is reported.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider TUTOR RONALD N
Role Director
Sold 2,310,000 shs ($197.71M)
Type Security Shares Price Value
Sale Common Stock F1, F2 10,000 $89.86 $899K
Sale Common Stock F1, F3 1,500,000 $85.57 $128.35M
Sale Common Stock F1, F3 800,000 $85.57 $68.46M
Holdings After Transaction: Common Stock — 701,477 shares (Indirect, By Ronald N. Tutor Separate Property Trust); Common Stock — 2,634,967 shares (Indirect, By Tutor Marital Property Trust); Common Stock — 733,255 shares (Indirect, By Ronald N. Tutor 2018 Dynasty Trust)
Footnotes (3)
  1. F1. As disclosed in his Schedule 13D/A filed with the SEC on March 3, 2026, Mr. Tutor indicated that he intends to sell some or all of his shares over the next 18 months as part of his overall estate and tax planning as he approaches retirement. Mr. Tutor noted that such sales are solely for personal reasons and he has a high degree of confidence in our business and future based on our leadership, backlog, bidding opportunities, cash position, as well as our outlook for revenue and earnings growth in 2026 and beyond, and expected future operating cash generation.
  2. F2. The price reported on Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.67 to $90.01, 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.
  3. F3. These shares were sold in a broker-arranged block trade transaction.
Total shares sold 2,310,000 shares Aggregate TPC common shares sold indirectly on August 31, 2026
Sale 1 size 10,000 shares Indirect sale by Ronald N. Tutor Separate Property Trust on August 31, 2026
Sale 1 weighted average price $89.86 per share Weighted average; individual trades from $89.67 to $90.01
Sale 2 size 1,500,000 shares Indirect sale by Tutor Marital Property Trust on August 31, 2026
Sale 2 and 3 reported price $85.57 per share Broker-arranged block trades of 1,500,000 and 800,000 shares
Sale 3 size 800,000 shares Indirect sale by Ronald N. Tutor 2018 Dynasty Trust on August 31, 2026
Holdings after sale – Separate Property Trust 701,477 shares TPC shares held indirectly after the 10,000-share sale
Holdings after sale – Marital and Dynasty Trusts 2,634,967 and 733,255 shares TPC shares held indirectly after the respective block sales
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.
broker-arranged block trade transaction financial
"These shares were sold in a broker-arranged block trade transaction."
Schedule 13D/A regulatory
"As disclosed in his Schedule 13D/A filed with the SEC on March 3, 2026"
A Schedule 13D/A is an amended disclosure filed with regulators by an investor who already reported owning more than 5% of a company’s shares and needs to update their original filing. Think of it as a public status update that tells markets whether the investor’s ownership, plans, or source of funds have changed; such updates matter because they can signal a push for control, major strategic moves, or increased pressure on management, which can affect stock prices.
separate property trust financial
"By Ronald N. Tutor Separate Property Trust"
dynasty trust financial
"By Ronald N. Tutor 2018 Dynasty Trust"

FAQ

What insider transactions did TPC’s Executive Chairman report on August 31, 2026?
Ronald N. Tutor reported three indirect sales of Tutor Perini (TPC) common stock on August 31, 2026, totaling 2,310,000 shares, executed in open-market and broker-arranged block trades through family-related trusts.

At what prices were the TPC shares sold in Ronald Tutor’s August 31, 2026 Form 4?
One sale of 10,000 shares used a weighted average price of $89.86 per share, with individual trades from $89.67 to $90.01. Two block trades of 1,500,000 and 800,000 shares were reported at $85.57 per share.

Why does Ronald Tutor say he is selling TPC shares in this Form 4 filing?
A footnote cites Mr. Tutor’s Schedule 13D/A, stating he intends to sell shares over 18 months as part of estate and tax planning as he approaches retirement. It adds that the sales are for personal reasons, and he expresses confidence in the company’s business and future.

Were Ronald Tutor’s August 31, 2026 TPC stock sales under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and the footnotes do not state that the August 31, 2026 sales were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.

Are the August 31, 2026 TPC share sales attributed directly to Ronald Tutor or to trusts?
All three transactions are reported as indirect ownership. Shares were sold by the Ronald N. Tutor Separate Property Trust, the Tutor Marital Property Trust, and the Ronald N. Tutor 2018 Dynasty Trust, rather than as directly held shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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*
TUTOR RONALD N
(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)
XDirector10% Owner
Officer (give title below)XOther (specify below)
Executive Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/31/2026S(1)10,000D$89.86(2)701,477IBy Ronald N. Tutor Separate Property Trust
Common Stock08/31/2026S(1)1,500,000D$85.57(3)2,634,967IBy Tutor Marital Property Trust
Common Stock08/31/2026S(1)800,000D$85.57(3)733,255IBy Ronald N. Tutor 2018 Dynasty Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. As disclosed in his Schedule 13D/A filed with the SEC on March 3, 2026, Mr. Tutor indicated that he intends to sell some or all of his shares over the next 18 months as part of his overall estate and tax planning as he approaches retirement. Mr. Tutor noted that such sales are solely for personal reasons and he has a high degree of confidence in our business and future based on our leadership, backlog, bidding opportunities, cash position, as well as our outlook for revenue and earnings growth in 2026 and beyond, and expected future operating cash generation.
2. The price reported on Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.67 to $90.01, 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.
3. These shares were sold in a broker-arranged block trade transaction.
Remarks:
/s/ Ifigenia Protopappas, Attorney-in-Fact09/02/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR