Form 4: Tutor Perini Executive Chairman Gifts TPC Stock

Tutor Perini Corp's Executive Chairman, Ronald N. Tutor, gifted 60,000 shares of common stock to a charitable donor-advised fund.

Summary

• Ronald N. Tutor, Executive Chairman and 10% Owner of Tutor Perini Corp (TPC), reported a disposition of common stock.
• On December 19, 2025, Mr. Tutor gifted 60,000 shares of TPC common stock from his direct holdings.
• The transaction was a gift, with a reported price of $0 per share, made to a charitable donor-advised fund.
• Following the transaction, beneficial ownership includes 711,477 shares held indirectly by the Ronald N. Tutor Separate Property Trust, 4,062,985 shares held indirectly by the Tutor Marital Property Trust, and 1,533,255 shares held indirectly by the Ronald N. Tutor 2018 Dynasty Trust.

Sentiment

Score: 5

Explanation: Neutral. The filing reports a routine insider transaction (a gift) which is neither inherently positive nor negative for the company's operational performance or financial health. It reflects a personal decision by the executive.

Positives

• The gift to a charitable donor-advised fund indicates philanthropic activity by the Executive Chairman.

Negatives

• A reduction in direct beneficial ownership by a key executive, even for charitable purposes, could be perceived as a slight decrease in direct alignment with shareholder interests. The filing does not specify the remaining direct beneficial ownership after the transaction.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This insider transaction is specific to Tutor Perini Corp and does not directly reflect broader industry trends. Insider giving can be a common practice for high-net-worth individuals for estate planning or philanthropic reasons.

Stakeholder Impact

• Shareholders: A minor reduction in direct ownership by a key executive, offset by substantial indirect holdings.
• Charitable organizations: The recipient charitable donor-advised fund benefits from the stock gift.

Key Dates

Recommendation

This Form 4 filing reports a charitable gift of shares by an executive and does not provide information that would warrant a change in investment recommendation. The transaction is a personal financial decision and does not reflect on the company's operational performance or future prospects. Investors should continue to hold based on fundamental analysis of the company's business.

Keywords

Tutor Perini Corp, TPC, Ronald N. Tutor, Form 4, Insider Transaction, Stock Gift, Charitable Donation, Executive Chairman, Beneficial Ownership