TUTOR RONALD N sold TPC
August 31, 2026 · Form 4 insider transaction
TUTOR RONALD N sold 1,500,000 shares of Tutor Perini Corporation at $85.57 per share, a transaction worth $128.35M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
As disclosed in his Schedule 13D/A filed with the SEC on March 3, 2026, Mr. Tutor indicated that he intends to sell some or all of his shares over the next 18 months as part of his overall estate and tax planning as he approaches retirement. Mr. Tutor noted that such sales are solely for personal reasons and he has a high degree of confidence in our business and future based on our leadership, backlog, bidding opportunities, cash position, as well as our outlook for revenue and earnings growth in 2026 and beyond, and expected future operating cash generation.; These shares were sold in a broker-arranged block trade transaction.