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CFO Sells $2.6M in Stock Amid Tax Withholding

Summary

  • CFO sold 48,842 shares of Class A Common Stock on Aug 18-19.
  • The sale was a non-discretionary tax withholding event.
  • Rogers retains 106,000 shares, representing 0.06% ownership.
CFO Sells $2.6M in Stock Amid Tax Withholding

James William Rogers, Chief Financial Officer of Tempus AI, Inc., sold 48,842 shares of Class A Common Stock on August 18 and August 19. This transaction was a mandatory sell-to-cover event to fulfill statutory tax withholding obligations triggered by the vesting of restricted stock units. The sales were conducted under a pre-established Rule 10b5-1 trading plan.

Following these sales, Rogers continues to hold direct ownership of 106,000 shares of Class A Common Stock. This holding represents approximately 0.06% of Tempus AI's outstanding equity. The sales occurred at a weighted-average price of $55.21 per share.

The stock's performance context shows a one-year total return of -16% as of August 19. The stock closed at $61.25 on August 19, differing from the weighted-average sale price. Tempus AI, headquartered in Chicago, operates in healthcare information services with about 3,800 employees.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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