Form 4: Tempus AI Executive Reports Stock Transaction

Ryan Fukushima, CEO of Data at Tempus AI, Inc., reported a transaction involving Class A Common Stock under a Rule 10b5-1 trading plan.

Summary

• Ryan Fukushima, CEO of Data at Tempus AI, Inc., reported a transaction on July 6, 2026.
• The transaction involved the acquisition of 10,000 shares of Class A Common Stock at a price of $60 per share.
• This acquisition was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's spouse on March 4, 2025.
• Following this transaction, Fukushima beneficially owns 201,047 shares directly and 603,558 shares indirectly through his spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine insider transaction executed under a pre-established plan, providing no new information about the company's performance or future prospects.

Positives

• The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, indicating a structured and planned approach to stock management.
• The reporting person, Ryan Fukushima, holds a significant number of shares, both directly and indirectly, demonstrating continued investment in the company.

Negatives

• The filing reports a purchase of stock, which could be interpreted as a positive sign of confidence, but the context of a Rule 10b5-1 plan means it's a pre-determined transaction rather than a spontaneous investment decision.

Risks

• The Rule 10b5-1 trading plan, while providing an affirmative defense against insider trading allegations, is subject to specific requirements and potential regulatory scrutiny.
• The reliance on a spouse's trading plan for the acquisition introduces a layer of indirect control and potential complexity in beneficial ownership reporting.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding future company performance. It solely reports a past transaction.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The use of a Rule 10b5-1 plan is a common strategy for executives to manage their stock holdings while adhering to insider trading regulations, especially in the technology and healthcare sectors where Tempus AI operates.

Corporate Governance

Related Party Transactions

• The transaction was executed under a Rule 10b5-1 trading plan adopted by the reporting person's spouse, indicating a related party involvement in the stock management strategy.

Stakeholder Impact

• Shareholders: The transaction itself does not directly impact current share price, but the adherence to a 10b5-1 plan can be seen as a positive governance practice.
• Management: Demonstrates a structured approach to personal investment in the company's stock.
• Regulators: Compliance with Section 16(a) reporting requirements.

Next Steps

• Continued adherence to the Rule 10b5-1 trading plan for future transactions, if applicable.
• Monitoring of future Form 4 filings for any additional insider transactions.

Key Dates

Keywords

Form 4, SEC Filing, Insider Trading, Rule 10b5-1, Stock Transaction, Tempus AI, Class A Common Stock, Beneficial Ownership, Ryan Fukushima