Form 4: Tempus AI COO's Spouse Sells $459K in Stock

The spouse of Tempus AI Chief Operating Officer Ryan Fukushima sold 5,000 shares of Class A Common Stock for approximately $459,000 through a pre-arranged 10b5-1 trading plan.

Summary

• Ryan Fukushima, Chief Operating Officer of Tempus AI, Inc. (TEM), reported transactions involving his spouse.
• His spouse sold a total of 5,000 shares of Class A Common Stock on October 6, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on March 4, 2025.
• The shares were sold in three tranches at weighted average prices of $90.84, $91.95, and $92.96.
• The total proceeds from these sales amount to approximately $459,000.
• Following these transactions, Ryan Fukushima directly holds 839,180 shares and indirectly holds 130,000 shares via his spouse and 131,893 shares via the Ryan Fukushima Irrevocable Family Trust.

Sentiment

Score: 5

Explanation: The sale of shares by the spouse of the Chief Operating Officer was conducted under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a planned diversification or liquidity event rather than a reaction to specific company news or a lack of confidence. This makes the transaction largely neutral in terms of immediate sentiment.

Positives

• The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, indicating a planned sale rather than a reaction to recent company performance or news.

Negatives

• An insider sale, even if pre-planned, can sometimes be perceived as a lack of confidence, though this is mitigated by the 10b5-1 plan.

Future Outlook

N/A

Industry Context

This transaction is a routine insider filing and does not provide specific insights into broader industry trends or competitive landscape for Tempus AI. Insider sales, especially those under 10b5-1 plans, are common for executives managing personal portfolios.

Related Party Transactions

• The sale of 5,000 shares of Class A Common Stock was executed by the spouse of Chief Operating Officer Ryan Fukushima, making it a related party transaction under SEC reporting rules.

Stakeholder Impact

• Minimal direct impact on shareholders, as the sale was pre-planned and represents a small fraction of the company's outstanding shares.
• No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.

Key Dates

Recommendation

The sale of shares by the spouse of Tempus AI's COO was executed under a pre-arranged 10b5-1 trading plan. Such plans are established in advance to allow insiders to sell shares without being accused of trading on material non-public information. This type of transaction is generally considered a routine personal financial management activity, such as diversification or liquidity, rather than a signal of negative sentiment about the company's future prospects. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Tempus AI, TEM, Ryan Fukushima, Chief Operating Officer, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Equity Transaction