The sale by Tempus AI’s EVP and chief legal officer was non-discretionary, tied to tax withholding on restricted stock units.
Tempus AI Inc. (NASDAQ:TEM) executive Andrew Polovin sold 30,075 shares at $51.29 per share, totaling $1.5 million, according to an SEC filing. The transaction was executed to cover tax obligations related to the vesting of restricted stock units and was non-discretionary.
The sale occurred under a Rule 10b5-1 trading plan established on August 12, 2025, ensuring compliance with securities regulations. Polovin retains 138,140 shares, valued at approximately $8.5 million based on the August 19 market close of $61.25.
The filing noted the sale does not reflect Polovin’s discretionary view on the stock, which has rallied 75% recently.