Gary G. Smalley - 15 Nov 2025 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role: CEO and President
Signature: /s/ Ifigenia Protopappas, Attorney-in-Fact
Issuer symbol: TPC
Transactions as of: 15 Nov 2025
Net transactions value: -$2,449,457
Form type: 4
Filing time: 18 Nov 2025, 17:24:18 UTC
Previous filing: 19 Nov 2024
Next filing: 20 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SMALLEY GARY G.	CEO and President	C/O TUTOR PERINI CORPORATION, 15901 OLDEN STREET, SYLMAR	/s/ Ifigenia Protopappas, Attorney-in-Fact	18 Nov 2025	0001428396

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPC	Common Stock	Options Exercise		+41,460	+37%		154,535	15 Nov 2025	Direct	F1
transaction	TPC	Common Stock	Disposed to Issuer	$2,449,457	-41,460	-27%	$59.08	113,075	15 Nov 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TPC	Phantom Stock Units	Options Exercise	$0	-41,460	-50%	$0.000000	41,460	15 Nov 2025	Common Stock	41,460		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On November 15, 2023, the reporting person was granted 124,379 cash-settled phantom stock units, of which 41,459 and 41,460 vested on November 15, 2024 and 2025, respectively, and 41,460 will vest on November 15, 2026, contingent upon the reporting person's continued employment through the vesting date. These phantom stock units are considered derivative securities settled in cash at a value equal to the number of units vested multiplied by the closing price per share of common stock of Tutor Perini Corporation (Issuer) on the applicable 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.

Content

On November 15, 2023, the reporting person was granted 124,379 cash-settled phantom stock units, of which 41,459 and 41,460 vested on November 15, 2024 and 2025, respectively, and 41,460 will vest on November 15, 2026, contingent upon the reporting person's continued employment through the vesting date. These phantom stock units are considered derivative securities settled in cash at a value equal to the number of units vested multiplied by the closing price per share of common stock of Tutor Perini Corporation (Issuer) on the applicable 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.