Tempus AI (TEM) CEO sells 11.8K shares at $70 on August 25, 2026
Rhea-AI Filing Summary
Tempus AI, Inc. (TEM) insider Eric P. Lefkofsky, CEO, Chairman and more than ten percent owner, reported indirect sales of 11,848 shares of Class A Common Stock on August 25, 2026, by Vas.org Foundation. The reported weighted average prices were $69.83 for 11,167 shares and $70.58 for 681 shares, executed in multiple transactions within stated price ranges. These sales were made pursuant to a Rule 10b5-1 trading plan adopted on March 8, 2026.
After these transactions, Lefkofsky is reported as directly holding 2,098,130 Class A shares, and indirectly holding additional shares through several entities, including 346 Long LLC (406 shares), Lefkofsky Family 2025 GRAT (5,715,203 shares), Black Media, LLC (206 shares), and Lefkofsky Family 2026 GRAT (4,284,797 shares). The filing also notes his trustee or managerial roles in these entities and that this is the second of two Form 4s due to table line limits.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 11,848 shares
Net Sell
7 txns
Insider
LEFKOFSKY ERIC P
Role
CEO and Chairman
Sold
11,848 shs ($828K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 11,167 | $69.83 | $780K |
| Sale | Class A Common Stock F1, F4, F3 | 681 | $70.58 | $48K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 150,000 shares (Indirect, By Vas.org Foundation);
Class A Common Stock — 2,098,130 shares (Direct);
Class A Common Stock — 406 shares (Indirect, By 346 Long LLC);
Class A Common Stock — 5,715,203 shares (Indirect, By Lefkofsky Family 2025 GRAT);
Class A Common Stock — 206 shares (Indirect, By Black Media, LLC);
Class A Common Stock — 4,284,797 shares (Indirect, By Lefkofsky Family 2026 GRAT)
Footnotes (4)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 8, 2026.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.44 to $70.4357 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The Reporting Person is (i) a member of, and controls a limited liability company that is a member of, 346 Long LLC, (ii) the sole manager of each of Black Media, LLC, Blue Media, LLC and Gray Media, LLC, (iii) a trustee of each of Lefkofsky Family Foundation and Vas.org Foundation. The Reporting Person's spouse is the trustee of the Lefkofsky Family 2025 GRAT and Lefkofsky Family 2026 GRAT.
- F4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.4472 to $70.71 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 11,848 shares of Class A Common Stock
Weighted average sale price: $69.83 per share
Weighted average sale price: $70.58 per share
+5 more
8 metrics
Shares sold
11,848 shares of Class A Common Stock
Indirect sales by Vas.org Foundation on August 25, 2026
Weighted average sale price
$69.83 per share
11,167 shares of Class A Common Stock sold on August 25, 2026
Weighted average sale price
$70.58 per share
681 shares of Class A Common Stock sold on August 25, 2026
Direct holdings after transaction
2,098,130 shares of Class A Common Stock
Directly held by Eric P. Lefkofsky following August 25, 2026
Indirect holdings after transaction
406 shares
Indirectly held by 346 Long LLC
Indirect holdings after transaction
5,715,203 shares
Indirectly held by Lefkofsky Family 2025 GRAT
Indirect holdings after transaction
206 shares
Indirectly held by Black Media, LLC
Indirect holdings after transaction
4,284,797 shares
Indirectly held by Lefkofsky Family 2026 GRAT
Key Terms
Rule 10b5-1 trading plan, weighted average price, grantor retained annuity trust, indirect ownership, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price. These shares were sold"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
grantor retained annuity trust financial
"The Reporting Person's spouse is the trustee of the Lefkofsky Family 2025 GRAT"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
indirect ownership financial
"The Reporting Person is (i) a member of, and controls a limited liability"
Form 4 regulatory
"Due to the 30 line limitation in Table I, this report is being filed"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did TEM report for Eric P. Lefkofsky on this Form 4?
Eric P. Lefkofsky reported indirect sales of 11,848 shares of Tempus AI, Inc. Class A Common Stock on August 25, 2026, executed by Vas.org Foundation in multiple transactions at weighted average prices of $69.83 and $70.58 per share.
What indirect TEM holdings for Eric P. Lefkofsky are disclosed in this Form 4?
Indirectly, Eric P. Lefkofsky is reported holding Tempus AI, Inc. Class A shares through several entities, including 346 Long LLC (406 shares), Lefkofsky Family 2025 GRAT (5,715,203 shares), Black Media, LLC (206 shares), and Lefkofsky Family 2026 GRAT (4,284,797 shares).
AI-generated analysis. How Rhea-AI works. Not financial advice.
