Form 4: Tempus AI Executive Erik Phelps Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
EVP & Chief Admin & Legal Off Erik Phelps sold shares of Tempus AI, Inc. to cover statutory tax withholding obligations related to vesting restricted stock units.
Summary
- Erik Phelps, EVP & Chief Admin & Legal Off of Tempus AI, Inc., reported the sale of Class A Common Stock on May 20, 2025.
- A total of 8,415 shares were sold at an average price of $63.21 and $63.7 per share.
- The sales were executed to cover statutory tax withholding obligations associated with the vesting of restricted stock units.
- Following the transactions, Phelps directly owns 149,096 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover taxes), so the sentiment is neutral.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among company executives.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of stock sale transaction. |
| 05/22/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Tempus AI, Erik Phelps, Stock Sale, Tax Withholding, Class A Common Stock, Executive Compensation, Restricted Stock Units
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