Form 4: Tempus AI Director Eric Belcher Reports Share Distribution
SEC Form 4 Filing
Director Eric Belcher reports a pro rata distribution of Class A Common Stock and disposal of shares.
Summary
- On June 17, 2024, Eric Belcher, a director of Tempus AI, Inc., reported a transaction involving Class A Common Stock.
- He indirectly acquired 14,033 shares through Nob Hill Ventures LLC due to a pro rata distribution from Tempus Series C Investments, LLC.
- Belcher also disposed of 13,514 shares of Class A Common Stock.
- Following these transactions, Belcher directly owns 0 shares and indirectly owns 14,033 shares through Nob Hill Ventures LLC.
- The reporting person has sole investment control and economic interest in the shares held by Nob Hill Ventures LLC.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing a stock distribution and disposal. It doesn't inherently convey positive or negative sentiment, but the disposal of shares could be seen as slightly negative.
Negatives
- Eric Belcher disposed of 13,514 shares of Class A Common Stock.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company securities, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The pro rata distribution and disposal of shares may have a minor impact on shareholders, potentially affecting stock price depending on market perception.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of transaction: pro rata distribution and disposal of Class A Common Stock |
| 06/20/2024 | Date of report signature |
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