Form 4: Tempus AI Director Frederick Wayne A.I. Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director Frederick Wayne A.I. of Tempus AI, Inc. sold shares of Class A Common Stock on March 17, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 17, 2025, Frederick Wayne A.I., a director of Tempus AI, Inc., sold multiple blocks of Class A Common Stock.
- The sales were executed under a Rule 10b5-1 trading plan adopted on September 12, 2024.
- The transactions involved the sale of 1,650 shares at an average price of $46.69, 2,059 shares at an average price of $47.99, 1,100 shares at an average price of $48.79, 3,188 shares at an average price of $49.99, and 1,003 shares at an average price of $50.62.
- Following these transactions, Frederick Wayne A.I. directly owns 29,514 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating routine transactions. The sentiment is neutral as it simply reports the sale of shares under a pre-arranged plan.
Industry Context
Sales by company insiders are a common occurrence and are often pre-planned to avoid accusations of insider trading. The use of a 10b5-1 plan allows insiders to sell shares at predetermined times and prices.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 09/12/2024 | Date of adoption of Rule 10b5-1 trading plan. |
| 03/17/2025 | Date of share sale transactions. |
| 03/19/2025 | Date of Form 4 filing. |
Keywords
Form 4, Tempus AI, Director, Share Sale, Rule 10b5-1, Frederick Wayne A.I., Class A Common Stock
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