Form 4: Tempus AI Director Sells 620 Shares Under 10b5-1 Trading Plan

A Tempus AI director, David R. Epstein, sold 620 shares of Class A Common Stock at $41.81 per share under a pre-arranged 10b5-1 trading plan.

Summary

• David R. Epstein, a director at Tempus AI, sold 620 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 27, 2024.
• Following the transaction, Mr. Epstein directly owns 27,894 shares of Class A Common 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 significant positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives and directors to use 10b5-1 trading plans to avoid accusations of insider trading.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders.
• The use of 10b5-1 trading plans is a common method for corporate insiders to sell shares without raising concerns about insider trading.
• The volume of shares sold is relatively small compared to the total outstanding shares of the company.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect due to the pre-planned nature of the transaction.

Key Dates

Keywords

Tempus AI, insider trading, Form 4, David R. Epstein, 10b5-1 trading plan, stock sale, Class A Common Stock, director