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Tutor Perini (TPC) CFO nets shares from 10,000 vested RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Tutor Perini Corporation’s Executive VP & CFO, Ryan Joseph Soroka, reported compensation-related equity activity. On March 8, he exercised 10,000 restricted stock units, which converted into 10,000 shares of common stock on a 1-for-1 basis. To cover tax obligations, 5,419 common shares were withheld at a price of 72.82 per share, resulting in a net increase of 4,581 shares. After these transactions, he directly owned 42,883 shares of common stock. The RSUs were part of a 30,000-unit grant made on March 8, 2023, vesting in three equal annual installments of 10,000 units in 2024, 2025, and 2026.

Positive

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Negative

  • None.
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*
SOROKA RYAN JOSEPH

(Last) (First) (Middle)
C/O TUTOR PERINI CORPORATION
15901 OLDEN STREET

(Street)
SYLMAR CA 91342

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TUTOR PERINI CORP [ TPC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive VP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/08/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/08/2026 M 10,000 A (1) 48,302 D
Common Stock 03/08/2026 F 5,419 D $72.82 42,883 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
Restricted Stock Units (1) 03/08/2026 M 10,000 (2) (2) Common Stock 10,000 $0 0 D
Explanation of Responses:
1. The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis.
2. On March 8, 2023, the reporting person was granted 30,000 RSUs, of which 10,000 vested on each of March 8, 2024, 2025 and 2026.
Remarks:
/s/ Ifigenia Protopappas, Attorney-in-Fact 03/10/2026
** 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.

FAQ

What insider transaction did Tutor Perini (TPC) report for its CFO?

Tutor Perini’s CFO, Ryan Joseph Soroka, exercised 10,000 restricted stock units into common shares. A portion of these shares was then withheld to satisfy tax obligations, reflecting routine compensation-related equity activity rather than an open-market stock purchase or sale.

How many Tutor Perini (TPC) shares does the CFO hold after this Form 4?

Following the reported transactions, Tutor Perini’s CFO directly owns 42,883 shares of common stock. This figure reflects the 10,000 shares received from RSU conversion, reduced by 5,419 shares withheld to cover associated tax liabilities on the vested award.

What was the size and pricing of the tax withholding in the Tutor Perini (TPC) filing?

To satisfy tax obligations on the vested RSUs, 5,419 Tutor Perini common shares were withheld at a price of 72.82 per share. This disposition is coded as a tax-withholding transaction, not an open-market sale, and is standard for equity compensation.

What RSU grant is referenced in the Tutor Perini (TPC) CFO’s Form 4?

The Form 4 references a 30,000-unit RSU grant awarded on March 8, 2023. These restricted stock units vest in three equal tranches of 10,000 units each on March 8, 2024, 2025, and 2026, converting into common shares on a 1-for-1 basis.

Did the Tutor Perini (TPC) CFO make any open-market stock purchases or sales?

The reported transactions involve RSU conversion and tax withholding, not open-market trading. The CFO acquired shares through the vesting of 10,000 RSUs and had 5,419 shares withheld to cover taxes, a routine non-market mechanism tied to equity compensation.
Tutor Perini

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3.76B
44.60M
Engineering & Construction
General Bldg Contractors - Nonresidential Bldgs
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United States
SYLMAR