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

Tempus AI Director David R. Epstein sold 250 shares of Class A Common Stock for $50.69 per share on March 2, 2026, under a pre-arranged 10b5-1 trading plan.

Summary

• David R. Epstein, a Director and 10% Owner of Tempus AI, Inc. (TEM), reported a sale of Class A Common Stock.
• The transaction involved the disposition of 250 shares at a price of $50.69 per share.
• The sale occurred on March 2, 2026.
• Following this transaction, Epstein directly beneficially owns 25,801 shares of Class A Common Stock.
• This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by Epstein on August 27, 2024.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While it's an insider sale, its execution under a pre-arranged 10b5-1 plan mitigates concerns about immediate negative sentiment, suggesting personal financial planning rather than a reaction to new, undisclosed information.

Negatives

• A director and 10% owner, David R. Epstein, sold 250 shares of Class A Common Stock.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, even those pre-arranged under a 10b5-1 plan, are routinely monitored by investors for potential signals regarding management's perception of future company performance or personal liquidity needs. In the biotech/AI healthcare sector, such transactions are common, but the context of the company's recent performance and upcoming catalysts would be crucial for a deeper interpretation.

Stakeholder Impact

• Shareholders may observe the sale as a director reducing their stake, which could be interpreted in various ways depending on the broader market and company context.

Key Dates

Recommendation

The sale by a director, while a reduction in insider holdings, was conducted under a pre-arranged 10b5-1 plan. This suggests a planned liquidity event rather than a reaction to new material information. Without additional context on the company's fundamentals or other market factors, this single transaction does not warrant a change from a 'hold' position.

Keywords

Tempus AI, TEM, David R. Epstein, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Director, Class A Common Stock