Fukushima Ryan sold $1.1M of TEM (indirect holdings)
Fukushima Ryan (CEO, Data) sold 23,818 indirectly-held shares of Tempus AI, Inc. (TEM) at an average of $46.19 ($43.25–$46.94, $1.10M total) across 5 trades on 2026-08-03 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The newest disclosed fact is the $1.10M open-market sale executed across five trades on 2026-08-03 under a pre-arranged 10b5-1 plan, filed on 2026-08-05.
Market read
Traders may monitor insider activity for sentiment, but this specific disclosure is routine 10b5-1 selling with no accompanying operational or financial update.
What to watch
The filing notes indirect holdings and post-transaction share count, but provides no rationale for the sale; without follow-on buys or guidance changes, trading impact is likely limited.
Background
The article is an SEC Form 4 insider transaction report for Tempus AI, Inc. (TEM) by CEO, Data Fukushima Ryan.
Ticker impact
Tempus AI CEO Fukushima Ryan sold $1.10M of TEM shares via a 10b5-1 plan, with weighted-average prices $46.19 across five trades.
Likely limited, short-lived sentiment impact; no clear directional signal beyond routine 10b5-1 selling.
The filing is a Form 4 open-market sale by an officer with an explicitly pre-arranged 10b5-1 plan, which typically reduces interpretive weight versus discretionary selling.
Market effects
Minimal, as the disclosure is company-specific and does not indicate sector-wide regulatory or demand changes.
None indicated.
None indicated.
Counterpoint
Because the sale is under a 10b5-1 plan, it may reflect liquidity management rather than bearish expectations, so any price reaction may be overstated.
Key entities
- issuerTempus AI, Inc.
Subject of the Form 4 insider sale disclosure (TEM).
- insiderFukushima Ryan
CEO, Data who executed the indirect open-market sale under a 10b5-1 plan.



