Fukushima Ryan 4

What Happened
Ryan Fukushima, CEO (Data) of Tempus AI (TEM), sold a total of 33,284 shares in open-market transactions on July 8, 2026, disposing of roughly $1.91 million worth of stock. The reported sales break down as: 13,984 shares at $56.80 (≈ $794,291); 13,686 shares at $57.37 (≈ $785,166); 3,477 shares at $58.55 (≈ $203,578); and 2,137 shares at $59.47 (≈ $127,087). These were sales (not purchases), which are often routine portfolio moves rather than buy signals.

Key Details

• Transaction date: July 8, 2026; Filing date: July 10, 2026 (timely filing).
• Reported prices (weighted averages): $56.80, $57.37, $58.55, $59.47. Footnotes indicate each reported price aggregates multiple trades across price ranges: $56.10–$57.095, $57.10–$58.07, $58.11–$59.10, and $59.15–$60.11 respectively.
• Total shares sold: 33,284; Total proceeds: ≈ $1,910,122.
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnote: at least one sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person’s spouse on March 4, 2025 — indicating pre-arranged trading instructions.
• Filing timeliness: The report appears to have been filed within the standard Form 4 timeframe (no late filing indicated).

Context

• Sales by executives can be routine (personal liquidity, diversification, taxes) and don’t necessarily signal a change in company outlook; pre-established 10b5-1 plans are commonly used to avoid questions about trading on insider knowledge.
• For retail investors, purchases by insiders tend to be more informative about confidence; large, one-off insider sales should be viewed with context (size relative to holdings, presence of 10b5-1 plan, and overall insider activity).