Form 4: Tutor Perini Director's Share Transactions Reported

Tutor Perini Director Robert C. Lieber reported the sale of 10,000 common shares and the acquisition of 2,337 shares as part of his 2026 Board retainer fee.

Summary

• Robert C. Lieber, a Director and 10% Owner of Tutor Perini Corporation (TPC), reported changes in his beneficial ownership.
• On May 19, 2026, Lieber disposed of 10,000 shares of common stock at a weighted average price of $74.25 per share. These shares were sold in multiple transactions ranging from $74.25 to $74.30.
• Following this sale, Lieber's direct beneficial ownership was 164,573 shares.
• On May 20, 2026, Lieber acquired 2,337 shares of common stock at a price of $0.
• These acquired shares represent partial compensation for his 2026 Board of Directors annual retainer fee.
• After both transactions, Lieber's direct beneficial ownership stands at 166,910 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as neutral. The sale of 10,000 shares is offset by the acquisition of 2,337 shares as compensation, indicating a routine management of equity holdings rather than a strong directional signal.

Positives

• Acquisition of 2,337 shares of common stock as partial compensation for the 2026 Board of Directors annual retainer fee, indicating continued alignment of interests with shareholders.

Negatives

• Disposition of 10,000 shares of common stock by a Director and 10% Owner, which could be interpreted as a reduction in personal exposure to the company's equity.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that insider transactions, such as those reported in a Form 4, are closely watched by investors as they can sometimes signal management's confidence or concerns about the company's future prospects. While a sale might raise questions, the simultaneous acquisition as compensation suggests a mixed signal, common for directors managing personal portfolios and receiving equity-based pay.

Related Party Transactions

• The acquisition of 2,337 shares represents partial compensation for the 2026 Board of Directors annual retainer fee, which is a standard related-party transaction for directors.

Stakeholder Impact

• Shareholders may observe the insider transactions as a data point, but the net change in beneficial ownership is relatively small compared to the total outstanding shares, suggesting a minimal direct impact.

Key Dates

Keywords

Tutor Perini, TPC, Robert C. Lieber, Form 4, insider trading, director, share sale, share acquisition, compensation, beneficial ownership, common stock