Lieber Robert C 4
4 · TUTOR PERINI CORP · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Tutor Perini (TPC) Director Robert C. Lieber Sells 10,000 Shares
What Happened
Robert C. Lieber, a director of Tutor Perini Corporation (TPC), reported an open-market sale of 10,000 common shares on May 19, 2026, at a weighted average price of $74.25 for total proceeds of $742,500. The filing also shows he was issued 2,337 shares on May 20, 2026, as partial compensation for his 2026 Board of Directors annual retainer (reported at $0 acquisition price on the Form 4).
Key Details
- Transaction types: Sale (S) and Award/Grant (A).
- Sale date & price: May 19, 2026 — 10,000 shares sold at a weighted average of $74.25 (range $74.25–$74.30 per footnote), proceeds $742,500.
- Award date & terms: May 20, 2026 — 2,337 shares issued as board retainer compensation (reported at $0 on the Form 4); approximate market value ~ $173,500 using the sale price as reference.
- Shares owned after transaction: Not disclosed in the information provided on this filing.
- Footnotes: F1 notes the sale price is a weighted average across multiple transactions and the reporter can provide a breakdown on request; F2 confirms the 2,337 shares were issued as partial board-retainer compensation.
- Timeliness: Form 4 filed May 21, 2026 covering transactions on May 19–20, 2026 — appears to have been filed timely.
Context: Sales by corporate insiders can be routine (e.g., liquidity needs, diversification) and awards as board compensation are common; neither action alone necessarily signals company performance. This filing documents a cash sale and a separate compensation grant by the company.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-19$74.25/sh−10,000$742,500→ 164,573 total - Award
Common Stock
[F2]2026-05-20+2,337→ 166,910 total
Footnotes (2)
- [F1]The price reported on Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.25 to $74.30, inclusive. The reporting person undertakes to provide to Tutor Perini Corporation, any security holder of Tutor Perini Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote to this Form 4.
- [F2]Represents shares of common stock issued to the reporting person as partial compensation for 2026 Board of Directors annual retainer fee.