TUTOR PERINI CORP·4

Mar 6, 5:05 PM ET

ARKLEY PETER 4

Research Summary

AI-generated summary

Updated

Tutor Perini (TPC) Director Peter Arkley Buys 25,000 Shares

What Happened

  • Peter Arkley, a director of Tutor Perini Corporation (TPC), made multiple open-market purchases (transaction code P) totaling 25,000 shares between March 4 and March 6, 2026.
  • Trades by lot: 5,884 shares @ $73.85 ($434,533) on 2026-03-04; 10,999 shares @ $72.44 ($796,768) on 2026-03-05; 4,913 shares @ $72.85 ($357,912) and 3,204 shares @ $73.28 ($234,789) on 2026-03-06. Total cash outlay ≈ $1,824,002.
  • These were purchases (insider buying), which some investors view as a positive sign, though filings do not state motivation.

Key Details

  • Transaction dates and reported prices: Mar 4 (avg $73.85), Mar 5 (avg $72.44), Mar 6 (avg $72.85 and $73.28). Each reported price is a weighted average of multiple executions.
  • Footnotes: F1–F4 note the per-lot prices are weighted averages; actual execution price ranges were: Lot1 $73.41–$74.14, Lot2 $72.15–$72.80, Lot3 $72.67–$72.98, Lot4 $73.00–$73.68. The filer will provide detailed per-trade prices on request to the company, shareholders, or the SEC staff.
  • Shares owned after the transactions are not provided in the information you supplied.
  • Filing timeliness: Form 4 filed 2026-03-06 covering trades through 2026-03-06 — this appears to be a timely report (Form 4 is generally due within two business days).

Context

  • These were straightforward open-market purchases (code P). For retail investors, insider purchases can be informative but are one of many factors to consider; filings do not reveal the insider’s reasons.