Gary G. Smalley - 12 Mar 2026 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: 12 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 16 Mar 2026, 20:14:54 UTC
Previous 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	16 Mar 2026	0001428396

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPC	Common Stock	Options Exercise	+25,918	+28%		117,397	12 Mar 2026	Direct	F1
transaction	TPC	Common Stock	Disposed to Issuer	-25,918	-22%	$69.20^*	91,479	12 Mar 2026	Direct	F1
transaction	TPC	Common Stock	Options Exercise	+57,349	+63%		148,828	13 Mar 2026	Direct	F2
transaction	TPC	Common Stock	Disposed to Issuer	-57,349	-39%	$67.76^*	91,479	13 Mar 2026	Direct	F2

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		-25,918	-33%	$0.000000^*	51,836	12 Mar 2026	Common Stock	25,918		Direct	F1
transaction	TPC	Phantom Stock Units	Options Exercise		-57,349	-50%	$0.000000^*	57,350	13 Mar 2026	Common Stock	57,349		Direct	F2

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

Explanation of Responses:

Id	Content
F1	On March 12, 2025, the reporting person was granted 77,754 cash-settled phantom stock units, of which 25,918 vested on March 12, 2026 and 25,918 vest on each of March 12, 2027 and 2028, contingent upon the reporting person's continued employment through each applicable vesting date. The 25,918 phantom stock units that vested on March 12, 2026 were 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 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 of shares back to the Issuer under SEC reporting principles.
F2	On March 13, 2024, the reporting person was granted 172,048 cash-settled phantom stock units, of which 57,349 vested on each of March 13, 2025 and 2026, and 57,350 vest on March 13, 2027, contingent upon the reporting person's continued employment through each applicable vesting date. The 57,349 phantom stock units that vested on March 13, 2026 were 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 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 of shares back to the Issuer under SEC reporting principles.

Content

On March 12, 2025, the reporting person was granted 77,754 cash-settled phantom stock units, of which 25,918 vested on March 12, 2026 and 25,918 vest on each of March 12, 2027 and 2028, contingent upon the reporting person's continued employment through each applicable vesting date. The 25,918 phantom stock units that vested on March 12, 2026 were 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 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 of shares back to the Issuer under SEC reporting principles.

On March 13, 2024, the reporting person was granted 172,048 cash-settled phantom stock units, of which 57,349 vested on each of March 13, 2025 and 2026, and 57,350 vest on March 13, 2027, contingent upon the reporting person's continued employment through each applicable vesting date. The 57,349 phantom stock units that vested on March 13, 2026 were 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 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 of shares back to the Issuer under SEC reporting principles.