Tutor Perini (TPC) Director Sidney Feltenstein Sells 184,209 Shares

What Happened
Sidney J. Feltenstein, a director of Tutor Perini Corporation (TPC), sold a total of 184,209 shares in multiple open‑market transactions on August 7, 2026, generating aggregate gross proceeds of approximately $17,877,572. The reported lots were: 32,661 shares at a weighted average ~$95.66 ($3,124,351); 52,579 shares at ~$96.26 ($5,061,255); 36,487 shares at ~$97.50 ($3,557,483); and 62,482 shares at ~$98.18 ($6,134,483). These were outright sales (transaction code S), which are typically liquidity/diversification actions rather than affirmative bullish purchases.

Key Details

• Transaction date: August 7, 2026; Form 4 filed August 11, 2026 (appears later than the usual 2-business‑day Form 4 deadline).
• Lot prices (weighted averages reported): $95.66; $96.26; $97.50; $98.18. Footnotes F1–F4 state each lot was sold in multiple trades at price ranges of $95.01–$95.99, $96.00–$96.91, $97.00–$97.99, and $98.00–$98.99, respectively. The filer offers to provide breakdowns on request.
• Shares owned after the transaction: not specified in the excerpt of the filing provided.
• Transaction type: Open market/private sale(s) (S). No indication in this filing of a 10b5‑1 plan, option exercise, award, or tax withholding.

Context

• Sales by insiders can be routine (liquidity, diversification, tax planning) and do not necessarily indicate negative company outlook; purchases are generally more informative about insider confidence.
• The late filing may attract attention; timely Form 4s are required to ensure transparency under Section 16.