Form 4: Tempus AI Director Scott Gottlieb Sells Shares to Cover Tax Obligations

Director Scott Gottlieb sold shares of Tempus AI, Inc. on March 17, 2025, to cover tax obligations related to vesting restricted stock units, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 17, 2025, Scott Gottlieb, a director of Tempus AI, Inc., sold shares of Class A Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on August 27, 2024.
• The transactions were made, in part, to cover applicable tax obligations arising from the vesting and settlement of restricted stock units.
• The sales occurred at varying weighted average prices, ranging from $46.59 to $50.45 per share.
• A total of 34,938 shares were sold, reducing Gottlieb's direct holdings from 83,902 to 60,676 shares.

Sentiment

Score: 5

Explanation: The document describes routine transactions related to tax obligations and a pre-existing trading plan, indicating a neutral sentiment.

Industry Context

Sales by insiders are a common occurrence and are often related to personal financial planning, including tax obligations. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on current insider 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

Keywords

Form 4, Tempus AI, Scott Gottlieb, Share Sale, Rule 10b5-1, Director, Class A Common Stock, Tax Obligations, Restricted Stock Units