Tempus AI (TEM) officer logs 33,284-share spouse sale under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tempus AI, Inc. officer Ryan Fukushima (CEO, Data) reported spouse-related open-market sales of an aggregate 33,284 shares of Class A Common Stock on July 8, 2026. The shares were sold at weighted average prices between $56.80 and $59.47 per share, based on multiple trades within ranges from $56.10 to $60.11. Following these transactions, the filing lists 603,558 shares held directly and up to 187,063 shares held indirectly through the spouse. The sales were made under a Rule 10b5-1 trading plan adopted by the spouse on March 4, 2025.
Positive
- None.
Negative
- None.
Insights
Spouse’s pre-planned stock sales under Rule 10b5-1, with substantial holdings remaining.
The Form 4 shows that Ryan Fukushima, CEO, Data of Tempus AI, reported spouse-held Class A Common Stock sold in the open market. In total, 33,284 shares were sold on July 8, 2026 at weighted average prices between $56.80 and $59.47 per share, across multiple trades within ranges from $56.10 to $60.11.
The filing states that these transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by the spouse on March 4, 2025, indicating they were pre-scheduled rather than discretionary timing decisions. The report also lists 603,558 shares held directly and as many as 187,063 shares held indirectly through the spouse after the trades, so a sizable equity position remains associated with the reporting person.
Insider Trade Summary 10b5-1
Net Seller: 33,284 shares ($1,910,123)
Net Sell
5 txns
Insider
Fukushima Ryan
Role
CEO, Data
Sold
33,284 shs ($1.91M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 13,984 | $56.80 | $794K |
| Sale | Class A Common Stock | 13,686 | $57.37 | $785K |
| Sale | Class A Common Stock | 3,477 | $58.55 | $204K |
| Sale | Class A Common Stock | 2,137 | $59.47 | $127K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 187,063 shares (Indirect, By Spouse);
Class A Common Stock — 603,558 shares (Direct)
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's spouse on March 4, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.10 to $57.095 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (3), (4) and (5). The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.10 to $58.07 inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.11 to $59.10 inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.15 to $60.11 inclusive.
Key Figures
Total shares sold: 33,284 shares
Shares sold at $59.47: 2,137 shares at $59.4700
Shares sold at $58.55: 3,477 shares at $58.5500
+4 more
7 metrics
Total shares sold
33,284 shares
Aggregate Class A Common Stock sold by spouse on July 8, 2026
Shares sold at $59.47
2,137 shares at $59.4700
One block of open-market sales by spouse on July 8, 2026
Shares sold at $58.55
3,477 shares at $58.5500
One block of open-market sales by spouse on July 8, 2026
Shares sold at $57.37
13,686 shares at $57.3700
One block of open-market sales by spouse on July 8, 2026
Shares sold at $56.80
13,984 shares at $56.8000
One block of open-market sales by spouse on July 8, 2026
Direct holdings after transactions
603,558 shares
Class A Common Stock held directly following the reported transactions
Indirect spouse holdings after transactions
187,063 shares
Maximum indirect Class A Common Stock position shown as held by spouse after sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, indirect, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price. These shares were sold"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect financial
"total_shares_following_transaction": "167763.0000", "direct_or_indirect": "I""
open-market sale financial
"transaction_action": "open-market sale", "transaction_code_description""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did Tempus AI (TEM) report for Ryan Fukushima on July 8, 2026?
Tempus AI reported that officer Ryan Fukushima’s spouse sold an aggregate 33,284 shares of Class A Common Stock on July 8, 2026 in open-market transactions at weighted average prices between $56.80 and $59.47 per share.
Were the July 8, 2026 Tempus AI (TEM) stock sales by Ryan Fukushima’s spouse pre-planned?
Yes. The Form 4 states the sales were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person’s spouse on March 4, 2025, indicating the trades followed a pre-arranged schedule.
Do the Tempus AI (TEM) insider sales involve derivative securities or just common stock?
The reported transactions involve Class A Common Stock only. The filing’s derivative section shows no derivative transactions, so the July 8, 2026 activity relates solely to non-derivative common shares.
How is the weighted average price explained in Tempus AI (TEM) CEO Fukushima’s Form 4?
Footnotes explain each reported price is a weighted average price for multiple trades. For example, one block covers trades between $56.10 and $57.095, with the reporting person offering to provide detailed trade-breakdown data on request.