Gary G. Smalley - 31 Dec 2025 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role: CEO and President, Director
Signature: /s/ Ifigenia Protopappas, Attorney-in-Fact
Issuer symbol: TPC
Transactions as of: 31 Dec 2025
Net transactions value: -$31,998,967
Form type: 4
Filing time: 02 Jan 2026, 18:25:18 UTC
Previous filing: 01 Dec 2025
Next filing: 05 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SMALLEY GARY G.	CEO and President, Director	C/O TUTOR PERINI CORPORATION, 15901 OLDEN STREET, SYLMAR	/s/ Ifigenia Protopappas, Attorney-in-Fact	02 Jan 2026	0001428396

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPC	Common Stock	Options Exercise		+477,454	+586%		558,933	31 Dec 2025	Direct	F1
transaction	TPC	Common Stock	Disposed to Issuer	$31,998,967	-477,454	-85%	$67.02	81,479	31 Dec 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	Cash-Settled Performance Stock Units	Options Exercise	$0	-477,454	-100%	$0.000000	0	31 Dec 2025	Common Stock	477,454		Direct	F1

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

Explanation of Responses:

Id	Content
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.

Content

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.