Tempus AI CEO tax-related sale of 22,335 shares
Tempus AI, Inc. CEO and Chairman Eric P. Lefkofsky reported a mandated tax-related share sale.
Rhea-AI Filing Summary
Tempus AI, Inc. CEO and Chairman Eric P. Lefkofsky reported a mandated tax-related share sale. On May 19, entities associated with him reported updated Class A Common Stock holdings, and he sold 22,335 shares at a weighted average of $44.07 per share.
According to the disclosure, this sale was required to cover statutory tax withholding obligations tied to the vesting of restricted stock units under the company’s equity plans and "does not represent a discretionary sale" by Lefkofsky. After the transaction, he directly holds 2,230,721 Class A shares, with additional indirect holdings through entities including Blue Media, LLC, Gray Media, LLC and the Lefkofsky Family 2025 GRAT.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 22,335 shares
Net Sell
8 txns
Insider
LEFKOFSKY ERIC P
Role
CEO and Chairman
Sold
22,335 shs ($984K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 22,335 | $44.07 | $984K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,230,721 shares (Direct);
Class A Common Stock — 8,841,783 shares (Indirect, By Gray Media, LLC);
Class A Common Stock — 15,656,469 shares (Indirect, By Blue Media, LLC);
Class A Common Stock — 406 shares (Indirect, By 346 Long LLC);
Class A Common Stock — 10,000,000 shares (Indirect, Lefkofsky Family 2025 GRAT);
Class A Common Stock — 206 shares (Indirect, By Black Media, LLC);
Class A Common Stock — 832,131 shares (Indirect, By Lefkofsky Family Foundation);
Class A Common Stock — 250,000 shares (Indirect, By Vas.org Foundation)
Footnotes (3)
- F1. Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.65 to $44.46 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.
Key Figures
Shares sold: 22,335 shares
Weighted average sale price: $44.07 per share
Direct holdings after transaction: 2,230,721 shares
+3 more
6 metrics
Shares sold
22,335 shares
Class A Common Stock sold on May 19 to cover taxes
Weighted average sale price
$44.07 per share
Open-market sale price range $43.65–$44.46
Direct holdings after transaction
2,230,721 shares
Class A Common Stock held directly by Lefkofsky after sale
Blue Media, LLC holdings
15,656,469 shares
Indirect Class A holdings attributed via Blue Media, LLC
Gray Media, LLC holdings
8,841,783 shares
Indirect Class A holdings attributed via Gray Media, LLC
Lefkofsky Family 2025 GRAT holdings
10,000,000 shares
Indirect Class A holdings via Lefkofsky Family 2025 GRAT
Key Terms
restricted stock units, statutory tax withholding obligations, sell to cover, weighted average price, +1 more
5 terms
restricted stock units financial
"in connection with the vesting of the restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
statutory tax withholding obligations financial
"sold to cover the statutory tax withholding obligations in connection"
sell to cover financial
"funded by a "sell to cover" transaction and does not represent"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
weighted average price financial
"The price reported is a weighted average price. These shares"
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.
Lefkofsky Family 2025 GRAT financial
"The Reporting Person's spouse is the trustee of the Lefkofsky Family 2025 GRAT"
FAQ
What did Tempus AI (TEM) CEO Eric Lefkofsky report in this Form 4?
Eric Lefkofsky reported a mandated sale of shares and updated holdings. The filing shows a tax-related sale of 22,335 Tempus AI Class A shares on May 19 and discloses his remaining direct and indirect ownership positions across several family-related entities and foundations.
What indirect Tempus AI (TEM) holdings are reported for Eric Lefkofsky?
The filing lists indirect Class A holdings through several entities, including Blue Media, LLC, Gray Media, LLC, the Lefkofsky Family 2025 GRAT, 346 Long LLC, Black Media, LLC, Lefkofsky Family Foundation and Vas.org Foundation. Each entity’s post-transaction share count is disclosed separately in the report.
Does this Tempus AI (TEM) Form 4 indicate a discretionary stock sale by the CEO?
The disclosure states the sale was mandated to satisfy statutory tax withholding obligations from restricted stock unit vesting. It describes the transaction as a required "sell to cover" under the company’s equity incentive plans, explicitly noting it does not represent a discretionary sale by Lefkofsky.
AI-generated analysis. How Rhea-AI works. Not financial advice.
