Form 4: Tempus AI Chief Accounting Officer Ryan M. Bartolucci Sells Shares to Cover Tax Obligations

Ryan M. Bartolucci, Chief Accounting Officer of Tempus AI, Inc., sold shares of Class A Common Stock on May 20, 2025, to cover statutory tax withholding obligations.

Summary

• On May 20, 2025, Ryan M. Bartolucci, the Chief Accounting Officer of Tempus AI, Inc., executed several transactions involving Class A Common Stock.
• Bartolucci sold 4,248 shares at an average price of $63.21, 6 shares at $63.7, and 1,819 shares at $63.29.
• These sales were primarily to cover statutory tax withholding obligations related to the vesting of restricted stock units.
• Following these transactions, Bartolucci directly owns 47,799 shares of Class A Common Stock.
• One of the sales was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 14, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are routine and related to tax obligations, with no indication of negative or positive implications for the company's performance.

Positives

• The sales were to cover tax obligations, which is a common practice.
• One of the sales was executed under a pre-arranged Rule 10b5-1 trading plan, indicating transparency and planning.

Industry Context

Insider sales are a common occurrence, especially to cover tax obligations. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on current market information.

Comparison to Industry Standards

• Executive stock sales are a normal part of corporate compensation.
• Companies like Google, Amazon, and Microsoft also see regular insider trading activity.
• The use of Rule 10b5-1 plans is a standard practice to avoid accusations of insider trading based on non-public information.

Stakeholder Impact

• The stock sales may have a minor impact on shareholders due to the increased supply of shares, but the impact is likely minimal given the relatively small number of shares sold.

Key Dates

Keywords

Tempus AI, Ryan M. Bartolucci, Class A Common Stock, Form 4, SEC, insider trading, Rule 10b5-1, Chief Accounting Officer, stock sale, tax withholding