The sale was automatic to cover tax obligations from restricted stock unit vesting, not a discretionary trade.
Tempus AI Inc. (NASDAQ:TEM) Chief Accounting Officer Ryan M. Bartolucci sold 6,175 shares of Class A Common Stock on August 18 at a weighted average price of $49.61. The transaction was required by the company’s equity incentive plan to satisfy tax withholding obligations tied to restricted stock unit vesting.
Following the sale, Bartolucci retains direct ownership of 67,866 shares, representing a 0.04% stake in the company. The stock closed at $49.36 on August 18 and $61.25 on August 19, according to filings.
The sale was non-discretionary and does not reflect a change in the executive’s view of the company’s valuation, the filing noted.