TUTOR PERINI CORP — Director's Dealing 2025

Mar 15, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TUTOR PERINI CORP (TPC)
CIK: 0000077543
Period of Report: 2025-03-12

Reporting Person: TUTOR RONALD N (Director, 10% Owner, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-13	Common Stock	M	152932	—	Acquired	152932	Direct
2025-03-13	Common Stock	D	152932	$24.65	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-13	Phantom Stock Units	$	M	152932	Disposed		Common Stock (152932)	Direct
2025-03-12	Phantom Stock Units	$	A	155509	Acquired		Common Stock (155509)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3392595	Indirect
Common Stock	2362267	Indirect
Common Stock	1533255	Indirect

Footnotes

F1: On March 13, 2024, the reporting person was granted 458,795 cash-settled phantom stock units, of which 152,932 vest on each of March 13, 2025 and 2026, and 152,931 vest on December 31, 2026, contingent upon the reporting person's continued employment through each applicable 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.

F2: On March 12, 2025, the reporting person was granted 155,509 cash-settled phantom stock units that vest on March 12, 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 vesting date.