[144] Tempus AI, Inc. SEC Filing
Form 144 summary: The filing notifies a proposed sale of 20,000 shares of common stock of the issuer, with an aggregate market value of $1,516,650, expected to be sold on 08/26/2025 through Citigroup Global Markets Inc. The securities were acquired on 01/30/2025 as a venture capital distribution from Revolution Growth III, comprising 130,756 shares received and paid on that date. The issuer has 168,683,769 shares outstanding per the form. The filing also reports a prior sale in the past three months: Theodore Leonsis sold 44,000 shares on 08/13/2025 for $3,075,786.12. The signer certifies they are unaware of undisclosed material adverse information.
- Clear disclosure of proposed sale details including broker, share count, and aggregate market value
- Acquisition source identified as a venture capital distribution from Revolution Growth III
- Brokered sale via Citigroup Global Markets indicates use of a regulated intermediary
- Signer attestation confirms no known undisclosed material adverse information
- Insider selling in the recent period: Theodore Leonsis sold 44,000 shares on 08/13/2025
- Limited context on the identity of the person filing the notice and motives for sale (only information provided in form)
Insights
TL;DR: Small planned sale disclosed; recent insider sale recorded; transaction size appears modest relative to outstanding shares.
The filing reports a proposed brokered sale of 20,000 common shares valued at $1.52 million, executed through Citigroup. Acquisition via a venture capital distribution earlier in 2025 indicates secondary-market liquidity for VC holders. The issuer's outstanding shares (168.7 million) make the proposed sale a very small fraction of float, suggesting limited direct market impact. The recent sale by Theodore Leonsis (44,000 shares) is disclosed, which is relevant to monitoring insider activity but is not, by itself, large relative to total shares outstanding.
TL;DR: Filing provides routine compliance disclosure; includes representation about absence of undisclosed material information.
The Form 144 contains the standard attestation that the seller does not possess undisclosed material information and documents the use of a registered broker for execution. The origin of the shares as a venture capital distribution is clearly stated, which helps trace beneficial ownership changes. From a governance perspective, the filing meets disclosure expectations for proposed insider or affiliate sales but does not on its face indicate governance concerns or undisclosed events.