TEM.NASDAQTempus Ai, INC

Form 4: Tempus AI Officer Sells Shares to Cover Tax Obligations and Under 10b5-1 Plan

Sentiment:

SEC Filing


Ryan M. Bartolucci, Chief Accounting Officer of Tempus AI, Inc., sold shares of Class A Common Stock to cover tax withholding obligations and pursuant to a pre-arranged Rule 10b5-1 trading plan.

Summary

  • On February 19, 2025, Ryan M. Bartolucci, the Chief Accounting Officer of Tempus AI, Inc., sold 750 shares of Class A Common Stock at a weighted average price of $81.83 to cover statutory tax withholding obligations.
  • An additional 68 shares were sold on the same day at a weighted average price of $82.36.
  • On February 20, 2025, Bartolucci sold 1,682 shares at $80 per share pursuant to a Rule 10b5-1 trading plan adopted on June 14, 2024.
  • Following these transactions, Bartolucci directly owns 44,500 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to tax obligations and a pre-arranged trading plan, indicating a neutral sentiment.

Industry Context

Sales by company officers are a routine part of corporate governance. Sales to cover tax obligations are common when restricted stock units vest. Rule 10b5-1 plans are frequently used by insiders to sell shares over time to avoid accusations of insider trading.

Stakeholder Impact

  • The sale of shares by an officer could have a minor impact on shareholder sentiment, but the transactions appear routine and related to tax obligations and a pre-arranged trading plan.

Key Dates

DateDescription
2024/06/14Date of adoption of Rule 10b5-1 trading plan.
2025/02/19Date of share sales to cover tax withholding obligations.
2025/02/20Date of share sale under Rule 10b5-1 trading plan.

Keywords

Form 4, Tempus AI, Bartolucci, Share Sale, Rule 10b5-1, Tax Withholding, Officer, TEM

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