Tutor Perini (TPC) Director Dale Anne Reiss Sells Shares

What Happened Dale Anne Reiss, a director of Tutor Perini Corporation (TPC), disposed of 13,400 shares in open-market sales on August 27, 2026, for total reported proceeds of $1,233,368 (weighted-average prices). She subsequently made a charitable gift of 600 shares on August 28, 2026 (no proceeds reported). The transactions are reported as sales (S) and a gift (G), so they represent dispositions rather than purchases.

Key Details

• Dates and amounts: 6,000 shares sold on 2026-08-27 at a weighted avg. $92.07 (≈ $552,420); 7,400 shares sold on 2026-08-27 at a weighted avg. $92.02 (≈ $680,948); 600 shares gifted on 2026-08-28 (value $0 on Form 4).
• Reported total cash proceeds from sales: $1,233,368 (weighted averages).
• Footnotes: Sales reported as weighted-average prices; trade price ranges were $92.00–$92.38 (first block) and $92.00–$92.15 (second block). Gift reflects transfer to a charitable donor-advised fund.
• Shares owned after the transactions: not specified on the provided Form 4.
• Filing timing: Form filed 2026-08-28 reporting transactions on 2026-08-27–08-28 (appears timely under typical 2-business-day reporting rules).

Context

• Open-market sales are common for insiders and do not necessarily indicate a change in view on the company; the gift to a donor-advised fund is a personal/charitable transaction and likewise does not signal market sentiment.
• No options were exercised and no purchases or awards were reported in this filing.