[Form 4] Tutor Perini Corporation Insider Trading Activity

Rhea-AI Filing Summary

Ronald N. Tutor, Executive Chairman and director of Tutor Perini Corporation (TPC), reported an insider sale. On 09/03/2025 he sold 44,312 shares of common stock at a weighted-average price of $59.13 per share, with individual trade prices reported in the range of $58.73 to $59.41. The Form 4 shows the reporting person continues to beneficially own shares indirectly through trust vehicles; the filing lists holdings of 4,270,985 shares attributed to the Tutor Marital Property Trust and additional trust positions of 771,477 shares and 1,533,255 shares. The Form 4 was signed by an attorney-in-fact on 09/05/2025.

Positive

• Complete disclosure of the sale including weighted-average price and execution price range
• Reporting person roles identified (Executive Chairman, director, 10% owner) providing context for the transaction
• Beneficial ownership detailed with specific trust vehicles and share amounts listed

Negative

• Insider sale of 44,312 shares may be viewed unfavorably by some investors
• No aggregated reconciliation in the filing that sums all trust holdings into a single total for clarity

Insights

Corporate Governance Expert

TL;DR: Routine disclosure of an insider sale by a senior executive; details are transparent and fully reported.

The filing documents a straightforward Section 16 sale by a significant shareholder and company insider. The report includes a weighted-average sale price and an explicit price range, and identifies the reporting persons roles as Executive Chairman, director, and 10% owner. The filing also lists multiple trust vehicles as the form of beneficial ownership. From a governance standpoint the Form 4 meets disclosure requirements and provides counterparty parties the required transaction detail without ambiguity.

Securities Analyst

TL;DR: Materiality appears limited to an insider disposition; no derivative transactions or change in control are disclosed.

The Form 4 reports a sale of 44,312 common shares at a weighted-average price of $59.13 and provides the range of execution prices. The filing does not disclose derivative activity, grants, or acquisitions that would indicate a strategic shift. Reported beneficial ownership is shown via multiple trusts, but the filing does not reconcile aggregate beneficial ownership across all entries beyond listing specific amounts. The disclosure is specific to the sale and maintains compliance with Section 16 reporting standards.

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
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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 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

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	09/03/2025		S		44,312	D	$59.13(1)	4,270,985	I	By Tutor Marital Property Trust
Common Stock								771,477	I	By Ronald N. Tutor Separate Property Trust
Common Stock								1,533,255	I	By 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)
				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 $58.73 to $59.41, 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.

Remarks:

	/s/ Ryan J. Soroka, Attorney-in-Fact	09/05/2025
	** 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 did Ronald N. Tutor report on the Form 4 for TPC?

The Form 4 reports that Ronald N. Tutor sold 44,312 shares of Tutor Perini Corporation common stock on 09/03/2025 at a weighted-average price of $59.13.

At what prices were the TPC shares sold?

The filing states the shares were sold in multiple transactions at prices ranging from $58.73 to $59.41, and reports a weighted-average price of $59.13.

How many TPC shares does the filing show Ronald N. Tutor beneficially owns?

The Form 4 lists a beneficial ownership entry of 4,270,985 shares attributed to the Tutor Marital Property Trust and additional listed trust holdings of 771,477 shares and 1,533,255 shares.

What is Ronald N. Tutors relationship to Tutor Perini Corporation?

The filing identifies Ronald N. Tutor as Executive Chairman, a director, and a 10% owner of the company.

When was the Form 4 signed and by whom?

The Form 4 was signed by an attorney-in-fact, /s/ Ryan J. Soroka, on 09/05/2025.