Form 4: Tempus AI CEO Eric Lefkofsky Sells Shares to Cover Tax Obligations

Eric Lefkofsky, CEO and Chairman of Tempus AI, sold shares of Class A Common Stock between February 5th and February 7th, 2025, to cover statutory tax withholding obligations related to the vesting of restricted stock units.

Summary

• Eric Lefkofsky, the CEO and Chairman of Tempus AI, sold shares of Class A Common Stock between February 5th and February 7th, 2025.
• The sales were executed to cover statutory tax withholding obligations associated with the vesting of restricted stock units.
• The sales were not discretionary but mandated by the Issuer's election under its equity incentive plans.
• The total number of shares sold was 229,002.
• The prices per share ranged from $66.41 to $69.32.
• After these transactions, Lefkofsky directly owns 5,293,005 shares of Class A Common Stock.
• Lefkofsky also indirectly owns shares through various entities, including 346 Long LLC, Gray Media, LLC, Blue Media, LLC, Innovation Group Investors, L.P., Black Media, LLC, Lefkofsky Family Foundation, Lightbank Investments 1B, LLC, and Lightbank Global LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine transactions. It doesn't convey any particularly positive or negative sentiment.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among executives of publicly traded companies.

Stakeholder Impact

• The sale of shares by the CEO could have a minor impact on shareholder sentiment, although it is framed as a necessary action to cover tax obligations.

Key Dates

Keywords

Form 4, Tempus AI, Lefkofsky, Share Sale, Tax Withholding, Class A Common Stock, Beneficial Ownership, SEC Filing