Form 4: Tempus AI Chief Accounting Officer Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Tempus AI's Chief Accounting Officer, Ryan M. Bartolucci, sold 13,770 shares of Class A Common Stock at $60 per share on January 31, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- Ryan M. Bartolucci, the Chief Accounting Officer of Tempus AI, Inc., sold 13,770 shares of Class A Common Stock on January 31, 2025.
- The sale was executed at a price of $60 per share.
- This transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on June 14, 2024.
- Following the transaction, Bartolucci directly owns 57,237 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to an insider stock sale under a pre-arranged plan. It does not indicate any positive or negative sentiment about the company's performance or future prospects.
Industry Context
This is a routine filing related to insider trading activity and is common for publicly traded companies. The use of a 10b5-1 plan indicates a pre-planned sale, which is a common practice to avoid accusations of trading on inside information.
Comparison to Industry Standards
- The use of a 10b5-1 trading plan is a standard practice among executives at publicly traded companies, including those in the technology and healthcare sectors like Tempus AI.
- Similar filings are regularly seen from executives at companies such as Illumina, Exact Sciences, and other firms in the genomics and precision medicine space.
- The volume of shares sold and the price are within the typical range for such transactions, and the reporting is consistent with SEC requirements.
Stakeholder Impact
- The sale of shares by a company officer may have a minor impact on investor sentiment, but the pre-planned nature of the transaction mitigates any significant concerns.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date the Rule 10b5-1 trading plan was adopted by the Reporting Person. |
| 01/31/2025 | Date of the stock sale transaction. |
Keywords
Tempus AI, insider trading, Form 4, Rule 10b5-1, stock sale, Ryan M. Bartolucci, Chief Accounting Officer, Class A Common Stock
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