Tempus AI Director David R. Epstein Sells 370 Shares Under Pre-Arranged 10b5-1 Plan

Insider Transaction Analysis: Tempus AI, Inc. ($TEM)

Summary

On November 2, 2026, David R. Epstein, a Director of Tempus AI, Inc., executed an open-market sale of 370 shares of Class A Common Stock at a price of $74.29 per share. The transaction generated gross proceeds of approximately $27,487.30.

Key Observations

• Pre-Arranged 10b5-1 Plan: The transaction was carried out under a Rule 10b5-1 trading plan adopted on August 27, 2024, indicating that the timing and size of the trade were determined in advance without current material non-public information influence.
• Transaction Size: The sale represents a minimal divestment (370 shares), leaving the director with 30,474 directly held shares. Epstein continues to retain over 98.8% of his prior holding.
• Significance: Low. The small dollar amount and reliance on a pre-established 10b5-1 trading plan indicate routine portfolio management rather than a shift in insider sentiment regarding the company's prospects.