Form 4 for TPC TUTOR PERINI CORP
Accepted 2026-01-02 00:00:00 ET · period of report 2025-12-31 · accession 0000077543-26-000003 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-01-02 | 2025-12-31 | TPC | SMALLEY GARY G. | CEO, Pres, Dir | D - Sale to Iss | $67.02 | -477.5K | 81.5K | -85% | -$32.00M |
| D | 2026-01-02 | 2025-12-31 | TPC | SMALLEY GARY G. | CEO, Pres, Dir | M - OptEx | — | +477.5K | 558.9K | +586% | — |
| D | 2026-01-02 | 2025-12-31 | TPC | SMALLEY GARY G. | CEO, Pres, Dir | M - OptEx | $0.00 | -477.5K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-12-31 | D | D | 477,454 | $67.02 | 81,479 | D | — | — | (F1) On January 1, 2023, the reporting person was granted 238,727 cash-settled performance stock units (Target Award) that vest and are earned from 0-200% of Target Award based upon the achievement of certain annualized stock price growth goals over a three-year performance period. On December 31, 2025, 200% of the Target Award was earned and vested. The cash settlement amount equals the number of units that vested multiplied by the closing price of the common stock of Tutor Perini Corporation (Issuer) on the vesting date. The reporting person did not purchase or sell any shares of common stock in the settlement of this award, however, the transaction is required to be reported as an acquisition and disposition back to the Issuer under SEC reporting principles. |
| 2 | Common | Common Stock | 2025-12-31 | M | A | 477,454 | — | 558,933 | D | — | — | (F1) On January 1, 2023, the reporting person was granted 238,727 cash-settled performance stock units (Target Award) that vest and are earned from 0-200% of Target Award based upon the achievement of certain annualized stock price growth goals over a three-year performance period. On December 31, 2025, 200% of the Target Award was earned and vested. The cash settlement amount equals the number of units that vested multiplied by the closing price of the common stock of Tutor Perini Corporation (Issuer) on the vesting date. The reporting person did not purchase or sell any shares of common stock in the settlement of this award, however, the transaction is required to be reported as an acquisition and disposition back to the Issuer under SEC reporting principles. |
| 3 | Derivative | Cash-Settled Performance Stock Units | 2025-12-31 | M | D | 477,454 | $0.00 | 0 | D | — · — to — | 477,454 Common Stock | (F1) On January 1, 2023, the reporting person was granted 238,727 cash-settled performance stock units (Target Award) that vest and are earned from 0-200% of Target Award based upon the achievement of certain annualized stock price growth goals over a three-year performance period. On December 31, 2025, 200% of the Target Award was earned and vested. The cash settlement amount equals the number of units that vested multiplied by the closing price of the common stock of Tutor Perini Corporation (Issuer) on the vesting date. The reporting person did not purchase or sell any shares of common stock in the settlement of this award, however, the transaction is required to be reported as an acquisition and disposition back to the Issuer under SEC reporting principles. |