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TPCTutor Perini Corp · Insider ownership research

Tutor Perini Corp insiders sold $219M in the past 12 months. How much of their stake is that?

Insiders sold $219M in the past 12 months.0% was sold under disclosed trading plans, 100% with no plan disclosed. The largest seller, Ronald Tutor (Director), sold $198M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 13, 2026 from SEC filings · covers Oct 14, 2025 to Oct 13, 2026
2
buyers among officers and directors (12 trades), past 12 months
0%
of sales were under disclosed trading plans, past 12 months
4 of 15
officers and directors sold shares, past 12 months
Is this normal? More than usual: about 2.9x the 5-year average. 4 insiders sold; the average is 3 a year. Year by year
Latest filing: Filed Sep 2 for a sale on Aug 31. Ronald Tutor sold 2.31M shares ($198M) with no plan disclosed. Filing
SEC ownership filings: 41 filed in the 12 months to Oct 13, 2026; 866 on record since May 15, 2003 · See the evidence

What stands out

Four directors sold $219M with no disclosed plan: Ronald Tutor ($198M), Sidney Feltenstein ($17.9M) and Robert Lieber ($2.1M), plus 1 more. The filings don't state a reason.Ronald Tutor: largest such sale, Aug 31, 2026 · Sidney Feltenstein: largest such sale, Aug 7, 2026 · Robert Lieber: largest such sale, May 27, 2026
Two insiders bought shares: Peter Arkley (65K shares, $4.4M) and Gary Smalley (15K shares, $1.0M). These are the first by current officers or directors since May 18, 2023.Peter Arkley: purchase, Nov 24, 2025 · Gary Smalley: purchase, Mar 4, 2026
Selling picked up in the last 90 days: officers and directors sold 2.51M shares, against an average of 9K per 90 days earlier in the period. Most of it was Ronald Tutor (2.31M shares in the last 90 days) and Sidney Feltenstein (184K shares in the last 90 days); 0% of these sales were under disclosed plans.Ronald Tutor: largest recent sale, Aug 31, 2026 · Sidney Feltenstein: largest recent sale, Aug 7, 2026

A share of stake is shown for 0 of the 4 officers and directors who sold. 15 are left out

i
Left out: Ronald Tutor, Raymond Oneglia, Sidney Feltenstein, Robert Lieber, Peter Arkley, Gary Smalley, Dale Reiss, Dennis Oklak, Desai Jigisha, Ryan Soroka, William Jensen, Shahrokh Shah, Ghassan Ariqat, Henry Dieu and Kristiyan Assouri (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Ronald Tutor
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$198MNo plan disclosed
Sidney Feltenstein
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$17.9MNo plan disclosed
Robert Lieber
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$2.1MNo plan disclosed
Dale Reiss
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.2MNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNovDecJanFebMarAprMay 2026: $2.1M no plan disclosedMayJunJulAug 2026: $217M no plan disclosed$217MAugSepOct

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Aug 31, 2026Ronald Tutor sold 2.31M shares ($198M) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Ronald Tutor
Director
2,310,000$85.59n/an/aAug 31, 2026Sep 2, 2026

Common questions

Is the Tutor Perini Corp CEO selling stock?

No. Gary Smalley reported no open-market sales in the past 12 months.

Why are Tutor Perini Corp insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Tutor Perini Corp insiders buying?

Yes. 2 officers or directors reported 12 purchases in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

The evidence

Who sold4 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Ronald Tutor
Director
$198M
2.31M shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Sidney Feltenstein
Director
$17.9M
184K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Robert Lieber
Director
$2.1M
28K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Dale Reiss
Director
$1.2M
13K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
The full ownership picture0 of 15 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 13, 2025SoldHeld Oct 13, 2026Still held
Ronald Tutor
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Ronald Tutor are complete.
Director
n/a−2.31Mn/an/a
Vesting, gifts, unvested awards and holding lines for Ronald Tutor

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Ronald Tutor are complete; balances and unit counts will be added when the check is finished.

−60Kgifted (net of own trusts)
−75Kwithheld by the company for taxes
Raymond Oneglia
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Raymond Oneglia are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Raymond Oneglia

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Raymond Oneglia are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Sidney Feltenstein
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Sidney Feltenstein are complete.
Director
n/a−184Kn/an/a
Vesting, gifts, unvested awards and holding lines for Sidney Feltenstein

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Sidney Feltenstein are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Robert Lieber
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Robert Lieber are complete.
Director
n/a−28Kn/an/a
Vesting, gifts, unvested awards and holding lines for Robert Lieber

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Robert Lieber are complete; balances and unit counts will be added when the check is finished.

−7.5Kgifted (net of own trusts)
Peter Arkley
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Peter Arkley are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Peter Arkley

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Peter Arkley are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Gary Smalley
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Gary Smalley are complete.
CEO and President, Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Gary Smalley

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Gary Smalley are complete; balances and unit counts will be added when the check is finished.

−37Kgifted (net of own trusts)
Dale Reiss
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Dale Reiss are complete.
Director
n/a−13Kn/an/a
Vesting, gifts, unvested awards and holding lines for Dale Reiss

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Dale Reiss are complete; balances and unit counts will be added when the check is finished.

−600gifted (net of own trusts)
Dennis Oklak
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Dennis Oklak are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Dennis Oklak

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Dennis Oklak are complete; balances and unit counts will be added when the check is finished.

−13Kgifted (net of own trusts)
Desai Jigisha
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Desai Jigisha are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Desai Jigisha

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Desai Jigisha are complete; balances and unit counts will be added when the check is finished.

−1Kgifted (net of own trusts)
Ryan Soroka
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Ryan Soroka are complete.
Executive VP & CFO
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Ryan Soroka

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Ryan Soroka are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−5.4Kwithheld by the company for taxes
William Jensen
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for William Jensen are complete.
Executive Vice President
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for William Jensen

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for William Jensen are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−14Kwithheld by the company for taxes
Shahrokh Shah
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Shahrokh Shah are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Shahrokh Shah

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Shahrokh Shah are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Ghassan Ariqat
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Ghassan Ariqat are complete.
Executive Vice President
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Ghassan Ariqat

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Ghassan Ariqat are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−13Kwithheld by the company for taxes
Henry Dieu
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Henry Dieu are complete.
SVP & Chief Accounting Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Henry Dieu

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Henry Dieu are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−1.9Kwithheld by the company for taxes
Kristiyan Assouri
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Kristiyan Assouri are complete.
EVP and Chief Legal Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Kristiyan Assouri

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kristiyan Assouri are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Tutor Perini Corp are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$219M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $219M across 2,535,109 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $219M

Sales with no 10b5-1 plan and no tax reference in the filing. $198M of it is Ronald Tutor. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Ronald Tutor, Aug 31, 2026

Taxes

109,311 shares ($8.1M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 2 buyers (12 trades)

2 officers and directors bought shares in this period, in 12 trades(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 49 purchase trades.

Charitable gifts · 110K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Ronald Tutor
Director
2.31M$198M0%90%Aug 31, 2026 to Aug 31, 2026
Sidney Feltenstein
Director
184K$17.9M0%8%Aug 7, 2026 to Aug 7, 2026
Robert Lieber
Director
28K$2.1M0%0.9%May 19, 2026 to May 27, 2026
Dale Reiss
Director
13K$1.2M0%0.6%Aug 27, 2026 to Aug 27, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$2.1M$0$0$2.1M
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$217M$0$0$217M
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

More than usual: about 2.9x the 5-year average. 4 insiders sold; the average is 3 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 13, 2026
Latest 12 months
2.54M4$219M
Oct 13, 2025
1 year earlier
1.56M3$73.3M
Oct 13, 2024
2 years earlier
846K5$13.2M
Oct 14, 2023
3 years earlier
100K1$809K
Oct 14, 2022
4 years earlier
650K2$10.4M
Oct 14, 2021
5 years earlier
1.28M4$18.7M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty15 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Tutor Perini Corp are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology866 filings on record, 41 filed in the 12-month period, and how we read them

All 866 Forms 3, 4 and 5 on record for Tutor Perini Corp (SEC CIK 77543), filed from May 15, 2003 to Sep 2, 2026; 41 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (33)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Michael SmithsonMay 30, 202445,850 shares, last reported balance as of May 28, 2024
Michael KleinMay 17, 202486,181 shares, last reported balance as of May 16, 2024
Michael HorodniceanuMay 19, 202394,467 shares, last reported balance as of May 17, 2023
James FrostDec 16, 2022315,313 shares, last reported balance as of Mar 3, 2022
Wendy HallgrenNov 15, 202226,527 shares, last reported balance as of Nov 11, 2022
Dickran Tevrizian Jr.May 21, 202196,115 shares, last reported balance as of May 19, 2021
Jean AbiassiSep 10, 2019No balance on record
Leonard RejcekMar 19, 201918,982 shares, last reported balance as of Mar 15, 2019
Donald SnyderDec 21, 201831,265 shares, last reported balance as of Dec 19, 2018
Thomas LeppertMay 26, 20177,081 shares, last reported balance as of May 26, 2017
Craig ShawMar 17, 2017115,368 shares, last reported balance as of Mar 15, 2017
Ronald Marano IISep 16, 20169,363 shares, last reported balance as of Sep 15, 2016
Marilyn AlexanderMay 29, 201526,703 shares, last reported balance as of May 27, 2015
Michael KershawMar 17, 201539,363 shares, last reported balance as of Mar 15, 2015
Robert BandMar 4, 201470,261 shares, last reported balance as of Feb 28, 2014
William SparksSep 5, 2013153,803 shares, last reported balance as of Sep 4, 2013
Kenneth BurkJun 5, 2013No balance on record
Robert MillerMay 31, 201380,753 shares, last reported balance as of May 30, 2013
Martin MeloneMay 31, 201316,280 shares, last reported balance as of May 30, 2013
Mark CaspersSep 18, 201280,000 shares, last reported balance as of Sep 14, 2012
Anthony CosciaSep 17, 2012No balance on record
Steven MeilickeMar 20, 20125,276 shares, last reported balance as of Mar 19, 2012
Willard Brittain Jr.Jun 6, 201116,436 shares, last reported balance as of Jun 2, 2011
Robert KennedyJun 3, 20095,000 shares, last reported balance as of Jun 2, 2009
Chrysostomos NikiasJun 3, 20094,480 shares, last reported balance as of Jun 2, 2009
TUTOR SALIBA CORPMay 16, 20071,935,229 shares, last reported balance as of May 14, 2007
Zohrab MarashlianJan 4, 200710,000 shares, last reported balance as of Jan 3, 2007
Michael CiskeyApr 7, 2006No balance on record
Martin ShubikDec 29, 20058,000 shares, last reported balance as of Dec 27, 2005
AMERICAN INTERNATIONAL GROUP INCDec 28, 20052,392,972 shares, last reported balance as of Dec 20, 2005
BLUM CAPITAL PARTNERS LPDec 21, 200550,663 shares, last reported balance as of Dec 20, 2005
Frederick DoppeltMay 25, 200513,121 shares, last reported balance as of May 24, 2005
Asher EdelmanNo balance on record

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