STOCK TITAN

Rule 10b5-1 sale by Tempus AI (TEM) officer’s spouse trims holdings

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Tempus AI, Inc. officer Fukushima Ryan reported an open-market sale of Class A Common Stock by his spouse under a pre-arranged Rule 10b5-1 trading plan. The spouse sold 10,000 shares at $60 per share and now indirectly holds 201,047 shares. Fukushima Ryan continues to hold 603,558 shares directly, indicating the transaction is a relatively small portion of the overall reported holdings.

Positive

  • None.

Negative

  • None.
Insider Fukushima Ryan
Role CEO, Data
Sold 10,000 shs ($600K)
Type Security Shares Price Value
Sale Class A Common Stock 10,000 $60.00 $600K
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 201,047 shares (Indirect, By Spouse); Class A Common Stock — 603,558 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares sold 10,000 shares Open-market sale by spouse on 2026-07-06
Sale price $60.00 per share Price for Class A Common Stock sale
Indirect holdings after sale 201,047 shares Spouse’s indirect Class A Common Stock position
Direct holdings 603,558 shares Fukushima Ryan direct Class A Common Stock
Net shares sold 10,000 shares Net-sell direction from transaction summary
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.
open-market sale financial
"transaction_action": "open-market sale""
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.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect financial
"ownership_type": "indirect""
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FAQ

What insider transaction did Tempus AI (TEM) disclose in this Form 4?

Tempus AI reported an open-market sale of 10,000 shares of Class A Common Stock at $60 per share. The transaction was made by the CEO Data’s spouse and disclosed as an indirect holding change.

Who executed the Tempus AI (TEM) share sale reported for Fukushima Ryan?

The sale was executed by the spouse of Fukushima Ryan, Tempus AI’s CEO, Data. The filing classifies the 10,000 shares as held indirectly "By Spouse," with the transaction carried out under a Rule 10b5-1 trading plan.

At what price were Tempus AI (TEM) shares sold in this insider trade?

The filing shows 10,000 shares of Tempus AI Class A Common Stock sold at $60 per share. This open-market transaction involved indirectly held shares attributed to the reporting person’s spouse under a pre-arranged trading plan.

How many Tempus AI (TEM) shares does Fukushima Ryan hold after the reported sale?

After the reported transactions, Fukushima Ryan holds 603,558 shares directly. His spouse, reported as an indirect owner, holds 201,047 shares following the 10,000-share sale, giving context for the scale of this disposition relative to total reported holdings.

Was the Tempus AI (TEM) insider sale made under a Rule 10b5-1 plan?

Yes. A footnote states the spouse’s transaction was made under a Rule 10b5-1 trading plan adopted on March 4, 2025. Such pre-arranged plans automate trades over time and can indicate the timing was not discretionary.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fukushima Ryan

(Last)(First)(Middle)
C/O TEMPUS AI, INC.
600 WEST CHICAGO AVENUE, SUITE 510

(Street)
CHICAGO ILLINOIS 60654

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Tempus AI, Inc. [ TEM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CEO, Data
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock07/06/2026S(1)10,000D$60201,047IBy Spouse
Class A Common Stock603,558D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's spouse on March 4, 2025.
/s/ Andrew Polovin, Attorney-in-Fact07/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)