Tempus AI (TEM) director Theodore Leonsis receives 5,913-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leonsis Theodore reported acquisition or exercise transactions in this Form 4 filing.
Tempus AI, Inc. director Theodore Leonsis reported an equity compensation grant and his current share holdings. He received an award of 5,913 shares of Class A Common Stock in the form of restricted stock units at a stated price of $0.00 per share, increasing his direct holdings to 21,424 shares. The RSUs will vest in full on the earlier of the company’s 2027 annual stockholder meeting or May 21, 2027, subject to his continued service as a director. In addition, an indirect position of 66,756 Class A Common Stock shares is reported as held by the Theodore J. Leonsis Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Leonsis Theodore
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Comnmon Stock | 5,913 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Comnmon Stock — 21,424 shares (Direct, null);
Class A Common Stock — 66,756 shares (Indirect, By Theodore J. Leonsis Revocable Trust)
Footnotes (1)
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Key Figures
RSU grant size: 5,913 shares
Grant price per share: $0.00 per share
Direct holdings after grant: 21,424 shares
+2 more
5 metrics
RSU grant size
5,913 shares
Restricted stock unit award of Class A Common Stock
Grant price per share
$0.00 per share
Stated transaction price for RSU award
Direct holdings after grant
21,424 shares
Class A Common Stock directly owned after transaction
Indirect trust holdings
66,756 shares
Class A Common Stock held by Theodore J. Leonsis Revocable Trust
RSU vesting deadline
May 21, 2027
Latest vesting date, or earlier 2027 annual stockholder meeting
Key Terms
restricted stock unit ("RSU") award, vest in full, continuous service, revocable trust
4 terms
restricted stock unit ("RSU") award financial
"Represents a restricted stock unit ("RSU") award."
vest in full financial
"The RSUs will vest in full on the earlier of the 2027 meeting or May 21, 2027."
continuous service financial
"Each subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date."
revocable trust financial
"By Theodore J. Leonsis Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What insider transaction did Tempus AI (TEM) disclose for Theodore Leonsis?
Tempus AI disclosed that director Theodore Leonsis received a grant of 5,913 Class A Common Stock restricted stock units at a stated price of $0.00 per share as equity compensation, increasing his directly held shares to 21,424 after the reported transaction.
What are the vesting terms of Theodore Leonsis’s RSU award at Tempus AI (TEM)?
The 5,913-share restricted stock unit award to Theodore Leonsis will vest in full on the earlier of Tempus AI’s 2027 annual stockholder meeting or May 21, 2027, provided he maintains continuous service with the company as a director through the applicable vesting date.
What type of transaction code appears on Theodore Leonsis’s Tempus AI (TEM) Form 4?
The Form 4 reports an “A” transaction code for Theodore Leonsis’s 5,913-share award, indicating a grant, award, or other acquisition of Tempus AI Class A Common Stock as compensation rather than an open-market purchase or sale of previously outstanding shares.