Director Sidney Feltenstein Plans $17.9M Stock Sale Near 52-Week High
TPC sits 84% above its 52-week low of $53.83.
Summary
Director Sidney J. Feltenstein filed a Form 144 to sell 184,209 shares of Tutor Perini common stock, valued at approximately $17.9 million, near the stock's 52-week high.
Key Events · Ownership and Investor Activity · TPC
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Director Plans $17.9M Sale
Director Sidney J. Feltenstein filed to sell 184,209 shares worth approximately $17.9 million, representing a significant disposition for a non-executive board member.
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Sale Near 52-Week High
The planned sale comes as Tutor Perini stock trades near its 52-week high of $102.30, following strong Q2 results and a raised full-year guidance.
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Insider Selling Pattern
This filing follows a $1.3 million sale by another director in May 2026, with net insider selling of $2.1 million over the past 90 days.
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Acquired via Board Compensation
The shares to be sold were acquired through board compensation and open market purchases between 2020 and 2026, with no recent sales reported in the past three months.
Analysis · TPC · Real Estate & Construction
Director Sidney J. Feltenstein filed to sell 184,209 shares worth approximately $17.9 million, a notable disposition for a non-executive board member. The sale comes as the stock trades near its 52-week high of $102.30, following strong Q2 results and a series of contract wins. While directors selling into strength is not unusual, the size of the planned sale — roughly 0.34% of the company — warrants attention, especially given the recent insider selling pattern.
At the time of this filing, TPC was trading at $99.11 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $5.2B. The 52-week trading range was $53.83 to $102.30. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.