Form 4: Tempus AI CEO Eric Lefkofsky Sells Shares Under 10b5-1 Trading Plan

Eric Lefkofsky, CEO and Chairman of Tempus AI, sold shares of Class A Common Stock on March 5th and 6th, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Eric Lefkofsky, CEO and Chairman of Tempus AI, filed a Form 4 disclosing sales of Class A Common Stock on March 5th and 6th, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on June 14, 2024.
• The shares were sold at varying prices, ranging from approximately $48.13 to $53.28.
• The sales were conducted through direct and indirect ownership via entities such as Gray Media, LLC and Blue Media, LLC.
• Following the reported transactions, Lefkofsky continues to beneficially own a significant amount of Class A Common Stock, both directly and indirectly.

Sentiment

Score: 5

Explanation: The document itself is neutral, simply reporting stock sales. The sentiment is moderately neutral as the sales are under a pre-arranged plan, but large insider sales can sometimes create uncertainty.

Risks

• The market may react negatively to the CEO's stock sales, even if conducted under a pre-arranged plan.
• Continued sales by insiders could put downward pressure on the stock price.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Insider sales are a common occurrence, and the use of 10b5-1 plans is a standard practice to avoid accusations of trading on non-public information. The market's reaction will depend on the size and frequency of these sales, as well as the overall sentiment towards Tempus AI.

Stakeholder Impact

• Shareholders may react to the news of insider selling, potentially impacting the stock price.
• The sales themselves have no direct impact on employees, customers, suppliers, or creditors.

Key Dates