Form 4: Tutor Perini Executive Chairman Sells $2.6M in Stock

Tutor Perini's Executive Chairman, Ronald N. Tutor, sold 44,312 shares of common stock for approximately $2.6 million.

Summary

• Ronald N. Tutor, Executive Chairman, Director, and 10% Owner of Tutor Perini Corporation, disposed of 44,312 shares of common stock.
• The transaction occurred on September 3, 2025, and was executed under a Rule 10b5-1 pre-arranged trading plan.
• The shares were sold at a weighted average price of $59.13 per share, with individual transaction prices ranging from $58.73 to $59.41.
• The total value of the shares sold amounted to approximately $2,619,999.56.
• Following the transaction, Ronald N. Tutor's indirect beneficial ownership includes 4,270,985 shares via Tutor Marital Property Trust, 771,477 shares via Ronald N. Tutor Separate Property Trust, and 1,533,255 shares via Ronald N. Tutor 2018 Dynasty Trust.

Sentiment

Score: 4

Explanation: Executive Chairman Ronald N. Tutor sold a significant number of shares. While insider selling can be interpreted as a neutral to slightly negative signal, the transaction was conducted under a Rule 10b5-1 plan, which suggests it was pre-scheduled and not necessarily based on new, adverse information.

Negatives

• The sale of 44,312 shares by a key executive and 10% owner, Ronald N. Tutor, could be perceived as a negative signal by investors, potentially indicating a belief that the stock is fully valued or that future prospects may be less robust.

Future Outlook

No specific forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders may interpret the sale by a key executive as a signal regarding the company's valuation or future prospects, potentially leading to increased scrutiny of the stock.

Key Dates

Recommendation

The sale by Executive Chairman Ronald N. Tutor, while substantial, was conducted under a pre-arranged Rule 10b5-1 plan, which suggests it was not based on new, material non-public information. While insider selling can be a negative signal, this specific transaction alone does not provide sufficient grounds for a strong sell recommendation, nor does it present new positive information for a buy. Investors should monitor future insider activity and company performance.

Keywords

Tutor Perini, TPC, Insider Sale, Form 4, Ronald N. Tutor, Executive Chairman, Stock Transaction, Equity Sale, 10b5-1 Plan