Epstein David R 4
Research Summary
AI-generated summary
Tempus AI (TEM) Director David R. Epstein Receives RSU Award
What Happened
- David R. Epstein, a director of Tempus AI, received a grant of 5,913 restricted stock units (RSUs) reported on Form 4 for the transaction dated 2026-05-21. The grant is recorded at $0 in the filing (typical for RSU awards, which represent future delivery of shares rather than a cash purchase).
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-26 (appears timely).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 5,913 RSUs; grant price reported $0.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: RSUs vest in full on the earlier of (i) the Issuer's 2027 annual meeting (or immediately prior if the director's service ends then) or (ii) May 21, 2027, subject to the director's continuous service through the vesting date.
Context
- RSU grants are common forms of director compensation and do not involve an out-of-pocket purchase; they convert to shares only upon vesting. Such awards are informational about compensation but do not by themselves indicate the insider is buying or selling shares for investment reasons.