Form 4: Tempus AI COO Sells Shares Under 10b5-1 Trading Plan

Tempus AI's Chief Operating Officer, Ryan Fukushima, sold a total of 120,000 shares of Class A Common Stock on December 11, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Ryan Fukushima, the Chief Operating Officer of Tempus AI, sold 120,000 shares of Class A Common Stock on December 11, 2024.
• The sales were executed under a Rule 10b5-1 trading plan adopted on June 14, 2024.
• The shares were sold in multiple transactions at weighted average prices ranging from $40.86 to $43.59.
• Following the transactions, Mr. Fukushima directly owns 1,007,207 shares of Class A Common Stock.
• He also indirectly owns 131,893 shares through the Ryan Fukushima Irrevocable Family Trust and 150,000 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a pre-planned stock sale by an executive. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives to use 10b5-1 plans to sell shares to avoid accusations of insider trading.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting insider transactions in publicly traded companies.
• The use of 10b5-1 trading plans is a common method for executives to sell shares while avoiding potential insider trading accusations.
• The reported transactions are within the typical range of executive stock sales.

Stakeholder Impact

• The stock sales may have a minor impact on the share price, but the pre-planned nature of the sales should mitigate any significant negative reaction from shareholders.

Key Dates

Keywords

Tempus AI, Ryan Fukushima, insider trading, Form 4, Rule 10b5-1, stock sale, Class A Common Stock, COO