A Tempus AI director sold 3,000 shares at $53.90 under a pre-arranged plan before the stock rallied 24%.
Tempus AI (NASDAQ:TEM) director Nadja West sold 3,000 shares of Class A Common Stock on August 14 at $53.90 per share, totaling $161,700, according to an SEC filing. The sale occurred four days before the stock surged 24%, closing at $52.10 on the transaction date.
The sale was executed under a Rule 10b5-1 trading plan established on May 15, allowing insiders to schedule stock sales in advance. Tempus AI reported $1.4 billion in trailing twelve-month revenue but posted a net loss of $254.4 million in its latest financials.
West retains 34,981 shares of Class A Common Stock, maintaining significant exposure to the company’s performance.