Form 4: Tempus AI CEO Eric Lefkofsky Reports Stock Sales to Cover Tax Obligations
SEC Form 4 Filing
CEO Eric Lefkofsky reports sales of Tempus AI stock to cover tax withholding obligations, along with a pro rata distribution and share contributions to family entities.
Summary
- Eric Lefkofsky, CEO and Chairman of Tempus AI, filed a Form 4 detailing changes in beneficial ownership.
- On May 20, 2025, Lefkofsky sold 16,729 shares of Class A Common Stock at $63.21 per share and 23 shares at $63.7 per share to cover statutory tax withholding obligations related to vesting restricted stock units.
- These sales were mandated by Tempus AI's equity incentive plans and do not represent discretionary sales by Lefkofsky.
- Lefkofsky also reported a pro rata distribution of 219 shares to 346 Long LLC, where he is a member.
- Blue Media, LLC contributed a portion of its shares to the Lefkofsky Family 2025 GRAT.
- Lefkofsky's total beneficial ownership includes shares held directly and indirectly through various entities such as 346 Long LLC, Lefkofsky Family 2025 GRAT, Blue Media, LLC, Gray Media, LLC, Black Media, LLC, and Lefkofsky Family Foundation.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing detailing stock transactions by an insider. While sales can sometimes be viewed negatively, the stated reason (tax obligations) mitigates significant concern. The pro rata distribution and share contributions are neutral events.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The stock sales could have a minor impact on shareholders due to the increased supply of shares in the market, but the stated reason for the sales (tax obligations) should alleviate concerns.
- The pro rata distribution and share contributions to family entities are unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of stock sales and pro rata distribution. |
| 05/22/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Tempus AI, Eric Lefkofsky, Beneficial Ownership, Stock Sale, Tax Withholding, Equity Incentive Plans, 346 Long LLC, Lefkofsky Family 2025 GRAT, Blue Media LLC, Gray Media LLC, Black Media LLC, Lefkofsky Family Foundation
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