Ronald N. Tutor - Mar 8, 2025 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role: Director, Executive Chairman, 10%+ Owner
Signature: /s/ Ifigenia Protopappas, Attorney-in-Fact
Stock symbol: TPC
Transactions as of: Mar 8, 2025
Transactions value $: -$3,806,017
Form type: 4
Date filed: 3/11/2025, 05:23 PM
Previous filing: Dec 20, 2024
Next filing: Mar 14, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPC	Common Stock	Options Exercise		+177K			177K	Mar 8, 2025	Direct	F1
transaction	TPC	Common Stock	Tax liability	-$2.39M	-89.7K	-50.78%	$26.58	87K	Mar 8, 2025	Direct
transaction	TPC	Common Stock	Gift	$0	-87K	-100%	$0.00	0	Mar 8, 2025	Direct
transaction	TPC	Common Stock	Gift	$0	+87K	+2.67%	$0.00	3.34M	Mar 8, 2025	By Tutor Marital Property Trust
transaction	TPC	Common Stock	Options Exercise		+105K			105K	Mar 9, 2025	Direct	F1
transaction	TPC	Common Stock	Tax liability	-$1.42M	-53.4K	-50.78%	$26.58	51.8K	Mar 9, 2025	Direct
transaction	TPC	Common Stock	Gift	$0	-51.8K	-100%	$0.00	0	Mar 9, 2025	Direct
transaction	TPC	Common Stock	Gift	$0	+51.8K	+1.55%	$0.00	3.39M	Mar 9, 2025	By Tutor Marital Property Trust
holding	TPC	Common Stock						2.36M	Mar 8, 2025	By Ronald N. Tutor Separate Property Trust
holding	TPC	Common Stock						1.53M	Mar 8, 2025	By Ronald N. Tutor 2018 Dynasty Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TPC	Restricted Stock Units	Options Exercise	$0	-177K	-50%	$0.00	177K	Mar 8, 2025	Common Stock	177K		Direct	F1, F2
transaction	TPC	Restricted Stock Units	Options Exercise	$0	-105K	-100%	$0.00	0	Mar 9, 2025	Common Stock	105K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis.
F2	On March 8, 2023, the reporting person was granted 530,188 RSUs, of which 176,729 vest on each of March 8, 2024 and 2025, and 176,730 vest on March 8, 2026, contingent upon the reporting person's continued employment through these dates.
F3	On March 9, 2022, the reporting person was granted 315,769 RSUs, of which 105,256 vested on each of March 9, 2023 and 2024, and 105,257 vested on March 9, 2025.