Form 4: Tempus AI COO Sells 5,000 Shares Under Pre-Arranged Trading Plan

Tempus AI's Chief Operating Officer, Ryan Fukushima, sold 5,000 shares of Class A Common Stock for $60 per share on July 7, 2025, as part of a pre-arranged Rule 10b5-1 trading plan.

Summary

• Ryan Fukushima, Chief Operating Officer of Tempus AI, Inc. (TEM), reported a transaction involving the company's Class A Common Stock.
• On July 7, 2025, Fukushima sold 5,000 shares of Class A Common Stock at a price of $60 per share.
• This sale was executed under a Rule 10b5-1 trading plan, which was adopted by Fukushima on March 4, 2025.
• Following this transaction, Fukushima directly beneficially owns 856,640 shares of Class A Common Stock.
• Additionally, Fukushima indirectly beneficially owns 145,000 shares through his spouse and 131,893 shares through the Ryan Fukushima Irrevocable Family Trust.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a pre-planned insider sale, which is a routine disclosure for executives managing their personal finances. While a sale reduces insider ownership, the 10b5-1 plan mitigates concerns about it being a reaction to new negative information.

Positives

• The transaction was executed under a Rule 10b5-1 trading plan, adopted on March 4, 2025, indicating a pre-scheduled sale rather than a discretionary sale based on immediate market conditions.

Negatives

• A sale of 5,000 shares by a Chief Operating Officer, even if pre-planned, reduces insider ownership and could be perceived negatively by some investors.

Risks

• No specific risks are detailed in this Form 4 filing.

Future Outlook

No future outlook or guidance is provided in this Form 4 filing, as it is solely a report of an insider transaction.

Management Comments

• No direct quotes or paraphrased statements from company management are included in this Form 4 filing, which is a standard disclosure for insider transactions.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.

Comparison to Industry Standards

• Not applicable, as this document reports a specific insider trading transaction rather than company performance or operational results that can be benchmarked against industry standards.

Related Party Transactions

• Indirect beneficial ownership includes 145,000 shares held by the reporting person's spouse and 131,893 shares held by the Ryan Fukushima Irrevocable Family Trust.

Stakeholder Impact

• Shareholders: A reduction in insider ownership, even if pre-planned, might be viewed with slight caution by some investors, though the existence of a 10b5-1 plan generally reduces negative interpretations.

Next Steps

• No specific future actions, events, or milestones for the company are mentioned in this Form 4 filing.

Key Dates

Recommendation

Keywords

Tempus AI, TEM, Ryan Fukushima, insider trading, Form 4, stock sale, 10b5-1 plan, Class A Common Stock, Chief Operating Officer