Ghassan Ariqat Sells Shares of Tutor Perini Corporation $TPC
Key Points
- Ghassan Ariqat sold 26,203 shares of Tutor Perini Corporation ($TPC).
- $TPC last traded around $81.
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Ghassan Ariqat, Executive Vice President at Tutor Perini Corporation ($TPC), sold 26,203 shares at an average price of $0. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Tutor Perini Corporation Stock Down 8.8%
Shares of Tutor Perini Corporation ($TPC) traded around $81 on Wednesday, down 8.8% for the day.
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About Tutor Perini Corporation
Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors. The Civil segment engages in public works construction and the replacement and reconstruction of infrastructure; and offers civil contracting services, including construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, military and other government facilities, and water management and wastewater treatment facilities, as well as provides drilling, foundation, and excavation support for shoring, bridges, piers, roads, and highway projects. The Building segment offers various specialized building markets, such as hospitality and gaming, transportation, healthcare, commercial offices, government facilities, sports and entertainment, education, correctional and detention facilities, biotech, pharmaceutical, industrial, and technology. The Specialty Contractors segment provides electrical, mechanical, plumbing, and fire protection systems, as well as heating, ventilation, and air conditioning services (HVAC) for civil and building construction projects in industrial, commercial, hospitality and gaming, and mass-transit end markets. It also offers pre-construction planning and project management services comprising planning and scheduling of the manpower, equipment, materials, and subcontractor services; and self-performed construction services consisting of site work, concrete forming and placement, and steel erection. The company was formerly known as Perini Corporation and changed its name to Tutor Perini Corporation in May 2009. Tutor Perini Corporation was founded in 1894 and is headquartered in Sylmar, California.
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