Tempus AI (TEM) CFO reports share grant and mandatory tax-cover sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tempus AI, Inc. Chief Financial Officer James William Rogers reported two transactions in Class A common stock. He received a grant or award of 37,496 shares at no cost, consisting of fully vested restricted stock units and earned performance-based stock units tied to previously established goals.
Rogers also sold 10,084 shares at a weighted average price of $59.05 per share to cover statutory tax withholding obligations arising from the vesting of restricted stock units. This was a mandatory "sell to cover" transaction under the company’s equity incentive plans, not a discretionary sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,084 shares ($595,460)
Net Sell
2 txns
Insider
Rogers James William
Role
Chief Financial Officer
Sold
10,084 shs ($595K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 37,496 | $0.00 | -- |
| Sale | Class A Common Stock | 10,084 | $59.05 | $595K |
Holdings After Transaction:
Class A Common Stock — 138,662 shares (Direct)
Footnotes (1)
- 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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.71 to $59.38 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. Represents (i) 4,196 fully vested restricted stock units, comprising the Reporting Person's 2025 bonus award, and (ii) 33,300 shares certified as earned with respect to an award of performance-based stock units ("PSUs") granted on August 7, 2025. The Issuer's Board of Directors certified the achievement of the applicable performance metrics and goals on February 20, 2026 and the PSUs will vest, in accordance with their terms, on August 15, 2026.
FAQ
What insider transactions did Tempus AI (TEM) report for its CFO?
Tempus AI’s CFO James William Rogers reported receiving 37,496 Class A shares through equity awards and selling 10,084 shares. The sale was solely to cover statutory tax withholding from vesting restricted stock units under the company’s equity incentive plans, not a discretionary sale.
What equity awards did the Tempus AI (TEM) CFO receive in this filing?
The CFO received 37,496 Class A shares at no cost, including 4,196 fully vested restricted stock units as his 2025 bonus and 33,300 performance-based stock units certified as earned. The board certified performance achievement on February 20, 2026, with those PSUs scheduled to vest on August 15, 2026.
How are the Tempus AI (TEM) CFO’s performance-based stock units structured?
The filing notes 33,300 shares were certified as earned from performance-based stock units granted on August 7, 2025. Tempus AI’s board certified that applicable performance metrics and goals were achieved on February 20, 2026, and these PSUs are scheduled to vest on August 15, 2026.