Form 4: Tempus AI Chief Accounting Officer Sells Shares to Cover Tax Obligations

Tempus AI's Chief Accounting Officer, Ryan M. Bartolucci, sold 339 shares of Class A Common Stock to cover tax obligations related to vesting restricted stock units.

Summary

• Ryan M. Bartolucci, Chief Accounting Officer of Tempus AI, sold 339 shares of Class A Common Stock on December 16, 2024.
• The sale was executed to cover statutory tax withholding obligations associated with the vesting of restricted stock units.
• The shares were sold at a weighted average price of $40.23, with individual transactions ranging from $40.00 to $40.56.
• Following the transaction, Bartolucci still beneficially owns 71,007 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, with no indication of positive or negative sentiment.

Industry Context

This is a routine transaction for company insiders to cover tax obligations related to equity compensation. It is common practice and does not necessarily indicate a change in the executive's outlook on the company.

Comparison to Industry Standards

• Sales of shares to cover tax obligations are a common practice among executives at publicly traded companies.
• The price range of $40.00 to $40.56 is within the expected trading range for the stock.
• The number of shares sold is relatively small compared to the total shares owned by the executive.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

Tempus AI, Ryan M. Bartolucci, Class A Common Stock, stock sale, tax withholding, restricted stock units, insider trading, Form 4