Form 4: Tempus AI Director Jennifer Doudna Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Jennifer Doudna, a director at Tempus AI, sold 338 shares of Class A Common Stock at $57.52 per share on March 3, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 3, 2025, Jennifer Doudna, a director of Tempus AI, Inc., sold 338 shares of Class A Common Stock.
- The sale was executed at a price of $57.52 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on August 28, 2024.
- Following the transaction, Doudna directly owns 35,673 shares of Tempus AI's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider stock sale under a pre-arranged trading plan, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of an insider transaction. Rule 10b5-1 plans are common mechanisms for corporate insiders to sell shares while avoiding accusations of trading on non-public information.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 2024/08/28 | Date of adoption of Rule 10b5-1 trading plan |
| 2025/03/03 | Date of transaction (sale of shares) |
| 2025/03/05 | Date of signature on the Form 4 filing |
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