Ronald Tutor Files to Sell $128M of Tutor Perini Stock
TPC sits 56% above its 52-week low of $56.62.
Summary
Ronald N. Tutor filed a Form 144 to sell 1.5 million shares of Tutor Perini, valued at approximately $128 million, through family trusts. He subsequently sold 2,310,000 shares for $197,709,600 on Aug. 31, including 800,000 shares by the Ronald N. Tutor 2018 Dynasty Trust.
Updated with an SEC 4 filing · What changed
Updates
· SEC 4 — Tutor sold 2,310,000 shares for $197,709,600 on Aug. 31, including 800,000 shares by the Ronald N. Tutor 2018 Dynasty Trust.
Key Events · Ownership and Investor Activity · TPC
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Updated · · SEC 4
Ronald Tutor Files $128M Sale, Later Sells 2.31M Shares
Ronald N. Tutor, an affiliate of Tutor Perini, filed a Form 144 to sell 1,500,000 shares valued at approximately $128,000,000. He subsequently sold 2,310,000 shares for $197,709,600 on Aug. 31, including 800,000 shares by the Ronald N. Tutor 2018 Dynasty Trust.
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Shares From Family Trusts
The shares are to be sold by the Tutor Marital Property Trust and the Ronald N. Tutor Separate Property Trust, with Ronald Tutor as trustee.
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Substantial Ownership Stake
The 1.5 million shares represent roughly 2.9% of the 52,569,117 shares outstanding, making this a significant insider distribution.
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Follows Prior Insider Sale
This filing comes three weeks after Director Sidney J. Feltenstein filed a Form 144 to sell 184,209 shares on 2026-08-07.
Analysis · TPC · Real Estate & Construction
A substantial insider sale is on the horizon: Ronald N. Tutor, the company's founder and namesake, has filed to sell 1.5 million shares worth approximately $128 million. That represents roughly 2.9% of the 52.6 million shares outstanding, and it comes just three weeks after a separate director filed to sell a much smaller $16 million block. The shares are being sold through the Tutor Marital Property Trust and the Ronald N. Tutor Separate Property Trust, indicating this is personal estate planning rather than a corporate transaction. While the company recently delivered record Q2 results and completed a major debt refinancing, a sale of this magnitude by the company's most prominent insider is a notable distribution signal. Tutor subsequently sold 2,310,000 shares for $197,709,600 on Aug. 31, including 800,000 shares by the Ronald N. Tutor 2018 Dynasty Trust.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 39.1% of the 988 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TPC was trading at $88.52 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $4.7B. The 52-week trading range was $56.62 to $102.30. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.