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TUTOR PERINI CORP — Director's Dealing 2025
Nov 18, 2025
31352_dirs_2025-11-18_0d10b93d-6f9a-4a19-b5c5-7c468c6d2e0c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TUTOR PERINI CORP (TPC)
CIK: 0000077543
Period of Report: 2025-11-15
Reporting Person: SMALLEY GARY G. (CEO and President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-11-15 | Common Stock | M | 41460 | — | Acquired | 154535 | Direct |
| 2025-11-15 | Common Stock | D | 41460 | $59.08 | Disposed | 113075 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-11-15 | Phantom Stock Units | $ | M | 41460 | Disposed | Common Stock (41460) | Direct |
Footnotes
F1: On November 15, 2023, the reporting person was granted 124,379 cash-settled phantom stock units, of which 41,459 and 41,460 vested on November 15, 2024 and 2025, respectively, and 41,460 will vest on November 15, 2026, contingent upon the reporting person's continued employment through the vesting date. These phantom stock units are considered derivative securities settled in cash at a value equal to the number of units vested multiplied by the closing price per share of common stock of Tutor Perini Corporation (Issuer) on the applicable vesting date. The reporting person did not purchase or sell any shares of common stock in the settlement of this award, however, the transaction is required to be reported as an acquisition and disposition back to the Issuer under SEC reporting principles.