Tempus AI (TEM) CEO offloads shares to cover RSU taxes owed
Rhea-AI Filing Summary
Tempus AI, Inc. (TEM) reported that CEO and Chairman Eric P. Lefkofsky sold 132,591 shares of Class A Common Stock on August 18, 2026 at a weighted average price of $49.61 per share, in a sale mandated to cover statutory tax withholding obligations arising from RSU vesting, not a discretionary sale. After this transaction, he holds 2,098,130 shares directly and reports additional indirect holdings, including 8,717,783 shares held by Gray Media, LLC and 15,255,469 shares held by Blue Media, LLC, as well as further foundation and GRAT positions.
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Insights
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Insider Trade Summary
Net Seller: 132,591 shares
Net Sell
9 txns
Insider
LEFKOFSKY ERIC P
Role
CEO and Chairman
Sold
132,591 shs ($6.58M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 132,591 | $49.61 | $6.58M |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| 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 — 2,098,130 shares (Direct);
Class A Common Stock — 8,717,783 shares (Indirect, By Gray Media, LLC);
Class A Common Stock — 15,255,469 shares (Indirect, By Blue Media, LLC);
Class A Common Stock — 824,631 shares (Indirect, By Lefkofsky Family Foundation);
Class A Common Stock — 200,000 shares (Indirect, By Vas.org Foundation);
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 (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 $49.35 to $49.99 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.
Key Figures
Shares sold: 132,591 shares
Weighted average sale price: $49.61 per share
Sale price range: $49.35–$49.99 per share
+5 more
8 metrics
Shares sold
132,591 shares
Class A Common Stock sold on August 18, 2026 to cover taxes
Weighted average sale price
$49.61 per share
Weighted average price for shares sold on August 18, 2026
Sale price range
$49.35–$49.99 per share
Range of prices for multiple sale transactions on August 18, 2026
Direct holdings after transaction
2,098,130 shares
Eric P. Lefkofsky direct Class A holdings following the sale
Gray Media, LLC indirect holdings
8,717,783 shares
Class A shares reported as indirectly owned via Gray Media, LLC
Blue Media, LLC indirect holdings
15,255,469 shares
Class A shares reported as indirectly owned via Blue Media, LLC
Lefkofsky Family 2025 GRAT holdings
5,715,203 shares
Class A shares reported as indirectly owned via Lefkofsky Family 2025 GRAT
Lefkofsky Family 2026 GRAT holdings
4,284,797 shares
Class A shares reported as indirectly owned via Lefkofsky Family 2026 GRAT
Key Terms
sell to cover, statutory tax withholding obligations, restricted stock units, weighted average price, +1 more
5 terms
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.
statutory tax withholding obligations financial
"sold to cover the statutory tax withholding obligations in connection"
restricted stock units financial
"tax withholding obligations 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.
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.
GRAT financial
"The Reporting Person's spouse is the trustee of the Lefkofsky Family 2025 GRAT"
FAQ
What insider transaction did Tempus AI (TEM) disclose for Eric P. Lefkofsky?
Eric P. Lefkofsky reported a sale of 132,591 shares of Tempus AI Class A Common Stock on August 18, 2026 at a weighted average price of $49.61 per share.
What indirect holdings in Tempus AI (TEM) does Eric P. Lefkofsky report?
Eric P. Lefkofsky reports indirect ownership including 8,717,783 shares held by Gray Media, LLC and 15,255,469 shares held by Blue Media, LLC, plus additional shares held through family foundations and Lefkofsky Family 2025 and 2026 GRATs.
AI-generated analysis. How Rhea-AI works. Not financial advice.