Tempus AI EVP logs equity grant and share sales
Tempus AI, Inc. executive Andrew Polovin reported a mix of equity awards and related share sales in Class A common stock.
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Rhea-AI Filing Summary
Tempus AI, Inc. executive Andrew Polovin reported a mix of equity awards and related share sales in Class A common stock. He acquired 38,420 shares on February 20, 2026 at $0.00 per share through grants and vesting.
The award includes 5,120 fully vested restricted stock units as his 2025 bonus and 33,300 performance-based stock units certified as earned, with those PSUs scheduled to vest on August 15, 2026. To cover statutory tax withholding on the vesting, 8,143 shares were sold through a mandated “sell to cover” transaction, not a discretionary sale.
Additional open-market sales totaling 19,092 shares occurred on February 19–20, 2026, including transactions executed under a Rule 10b5-1 trading plan adopted on August 12, 2025. After these transactions, Polovin directly holds 126,918 Class A shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 38,420 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 10,849 | $60.30 | $654K |
| Sale | Class A Common Stock | 100 | $60.97 | $6K |
| Sale | Class A Common Stock | 8,143 | $59.05 | $481K |
Footnotes (5)
- 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 $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 ranges set forth in footnotes (2) and (5).
- F3. Represents (i) 5,120 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.
- F4. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2025.
- F5. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.71 to $60.645 inclusive.
FAQ
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What did Tempus AI (TEM) executive Andrew Polovin report in this Form 4?
What is the role of the Rule 10b5-1 plan in Andrew Polovin’s Tempus AI trades?
What performance-based stock units were involved in Tempus AI (TEM) executive compensation?
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