Form 4: Tempus AI EVP Andrew Polovin Sells Shares Under 10b5-1 Trading Plan

Andrew Polovin, EVP and General Counsel of Tempus AI, sold shares of Class A Common Stock on March 18, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 18, 2025, Andrew Polovin, the EVP and General Counsel of Tempus AI, sold shares of Class A Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on September 6, 2024.
• A total of 13,135 shares were sold in multiple transactions at varying prices.
• The weighted average sale prices were $45.78, $46.38, and $47.37.
• Following the reported transactions, Polovin beneficially owns 154,171 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider trading activity under a pre-arranged plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Tempus AI, Andrew Polovin, Class A Common Stock, Rule 10b5-1, SEC Form 4, Insider Trading, Share Sale