Lieber Robert C 4

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.