Home / Business and Economy / Tempus AI Exec Sells $2M in Stock
Tempus AI Exec Sells $2M in Stock
22 Aug
Summary
- CEO Ryan Fukushima sold 41,095 Tempus AI shares on August 18.
- The sale covered tax obligations from vested restricted stock units.
- Fukushima retains substantial ownership, showing continued commitment.
On August 18, Ryan Fukushima, CEO of Data at Tempus AI, Inc., reported the disposition of 41,095 shares of common stock. This transaction was a non-discretionary "sell to cover" event, mandated to fulfill statutory tax withholding obligations arising from the vesting of restricted stock units. The sale was executed at a weighted average price of $49.61 per share.
Following this disposition, Fukushima's holdings remain substantial, comprising about 562,000 direct shares and 61,706 indirect shares. This continued ownership signifies his significant alignment with Tempus AI's equity performance. As of the market close on August 19, the company's stock was priced at $49.36 per share.
Tempus AI, a healthcare technology company, holds a market capitalization of $10.7 billion. The company reported trailing twelve-month revenue of $1.4 billion, alongside a net loss of $254.4 million. Its stock experienced a one-year return of -37% as of the August 18 transaction date.
