Tempus AI (NASDAQ: TEM) CAO sells shares in tax-cover move
Rhea-AI Filing Summary
Tempus AI, Inc. (TEM) reported that Chief Accounting Officer Ryan M. Bartolucci disposed of 6,175 shares of Class A Common Stock on 2026-08-18 at a weighted average price of $49.61 per share. According to the company’s equity plan, this was a mandatory “sell to cover” transaction to satisfy statutory tax withholding obligations upon vesting of restricted stock units and is not a discretionary sale by the officer. After this sale, Bartolucci directly holds 67,866 shares of Tempus AI Class A Common Stock. The shares were sold in multiple trades at prices ranging from $49.35 to $49.99 per share.
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Insider Trade Summary
Net Seller: 6,175 shares
Net Sell
1 txn
Insider
Bartolucci Ryan M
Role
Chief Accounting Officer
Sold
6,175 shs ($306K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 6,175 | $49.61 | $306K |
Holdings After Transaction:
Class A Common Stock — 67,866 shares (Direct)
Footnotes (2)
- F1. Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.35 to $49.99 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 range set forth in this footnote.
Key Figures
Shares sold: 6,175 shares
Weighted average sale price: $49.61 per share
Sale price range: $49.35–$49.99 per share
+1 more
4 metrics
Shares sold
6,175 shares
Class A Common Stock disposed of on 2026-08-18 by Chief Accounting Officer
Weighted average sale price
$49.61 per share
Average price for 6,175 shares sold in multiple transactions
Sale price range
$49.35–$49.99 per share
Range of prices for the multiple sale transactions on 2026-08-18
Shares held after transaction
67,866 shares
Direct holdings of Chief Accounting Officer following the reported sale
Key Terms
sell to cover, restricted stock units, weighted average price, statutory tax withholding obligations
4 terms
sell to cover financial
"mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
restricted stock units financial
"in connection with the vesting of the restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported is a weighted average price."
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.
statutory tax withholding obligations financial
"cover the statutory tax withholding obligations in connection with the vesting"
FAQ
What insider transaction did TEM report for Ryan M. Bartolucci?
Tempus AI (TEM) reported that Chief Accounting Officer Ryan M. Bartolucci sold 6,175 shares of Class A Common Stock on 2026-08-18 at a weighted average price of $49.61 per share, in multiple trades between $49.35 and $49.99 per share.
Was Ryan M. Bartolucci’s TEM stock sale under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction. Instead, the footnote explains the sale was a mandatory “sell to cover” to fund statutory tax withholding obligations on vesting restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.