Tempus AI Legal Chief Sells 30,075 Shares for $1.5 Million Under 10b5-1 Plan
Updated
Updated · Yahoo Finance · Aug 22
Tempus AI Legal Chief Sells 30,075 Shares for $1.5 Million Under 10b5-1 Plan
1 articles · Updated · Yahoo Finance · Aug 22
Summary
30,075 Tempus AI shares were sold by chief legal officer Andrew Polovin at $51.29 each, generating about $1.5 million, according to an SEC Form 4 filing.
The sale was non-discretionary and covered minimum statutory tax withholding tied to restricted stock unit vesting, rather than signaling Polovin's view on the stock.
Polovin still directly holds 138,140 shares, valued at roughly $8.5 million based on Tempus AI's Aug. 19 closing price of $61.25.
The transaction was executed under a Rule 10b5-1 trading plan adopted on Aug. 12, 2025, providing a prearranged framework for insider sales.
The filing comes after a 75% rally in Tempus AI shares; the company is valued at $10.7 billion, with $1.4 billion in trailing revenue and a $254.4 million net loss.