Form 4: Tempus AI Director Jennifer Doudna Executes Stock Sale Under 10b5-1 Plan

Director Jennifer Doudna sold 1,183 shares of Tempus AI Class A Common Stock at $41.81 per share, as part of a pre-arranged 10b5-1 trading plan.

Summary

• Jennifer Doudna, a director at Tempus AI, sold 1,183 shares of Class A Common Stock.
• The sale occurred on December 11, 2024, at a price of $41.81 per share.
• This transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 28, 2024.
• Following the transaction, Doudna directly owns 37,331 shares of Tempus AI stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to a pre-planned stock sale by a director. 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 directors and officers to use 10b5-1 plans to manage their stock sales and avoid accusations of insider trading.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as directors and officers, in accordance with SEC regulations.
• The use of a 10b5-1 trading plan is a common method for insiders to sell shares without being accused of trading on non-public information. Many companies and their executives use these plans.
• The sale of 1,183 shares is a relatively small transaction compared to the total shares outstanding for most public companies. Similar transactions are common across the industry.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but it is unlikely to significantly affect the stock price given the small volume and pre-planned nature of the transaction.

Key Dates

Keywords

Tempus AI, Jennifer Doudna, stock sale, Form 4, Rule 10b5-1, insider trading, director, Class A Common Stock