Form 4: Tempus AI Chief Accounting Officer Ryan M. Bartolucci Reports Stock Sales
SEC Form 4 Filing
Ryan M. Bartolucci, Chief Accounting Officer of Tempus AI, Inc., reported the sale of Class A Common Stock on February 5th and 6th, 2025, to cover tax withholding obligations and pursuant to a pre-arranged trading plan.
Summary
- Ryan M. Bartolucci, the Chief Accounting Officer of Tempus AI, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On February 5, 2025, Bartolucci sold 1,858 shares of Class A Common Stock at a weighted average price of $67.57 per share to cover statutory tax withholding obligations.
- These shares were sold in multiple transactions at prices ranging from $67.085 to $68.00.
- On February 6, 2025, Bartolucci sold 2,320 shares of Class A Common Stock at $71 per share pursuant to a Rule 10b5-1 trading plan.
- Following these transactions, Bartolucci beneficially owns 53,059 shares of Class A Common Stock.
- The sales were executed to cover tax obligations and as part of a pre-arranged trading plan adopted on June 14, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock sales by an officer, with one sale related to tax obligations and the other under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of insider trading activity and are required by the SEC to provide transparency to investors. The sales reported here are not necessarily indicative of the company's performance or future prospects, especially given that one sale was to cover tax obligations and the other was executed under a pre-arranged trading plan.
Stakeholder Impact
- The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 2024/06/14 | Date the Reporting Person adopted a Rule 10b5-1 trading plan. |
| 2025/02/05 | Date of the first reported transaction: sale of 1,858 shares at an average price of $67.57. |
| 2025/02/06 | Date of the second reported transaction: sale of 2,320 shares at $71 per share. |
| 2025/02/07 | Date of the Form 4 filing. |
Keywords
Form 4, Tempus AI, Bartolucci, Chief Accounting Officer, Stock Sale, Rule 10b5-1, Beneficial Ownership, Tax Withholding
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