Form 4: Tempus AI CEO Sells $7.7M in Stock

Tempus AI CEO and Chairman Eric P. Lefkofsky sold 166,250 shares of Class A Common Stock for approximately $7.7 million through pre-arranged trading plans.

Summary

• Eric P. Lefkofsky, CEO and Chairman of Tempus AI, Inc., reported the sale of 166,250 shares of Class A Common Stock.
• The sales occurred on March 26, 2026, through Gray Media, LLC and Blue Media, LLC, entities he controls.
• These transactions were executed under a Rule 10b5-1 trading plan adopted on March 4, 2025.
• The shares were sold at weighted average prices ranging from $45.78 to $47.42 per share.
• The total value of the shares sold is approximately $7,725,625.
• Following these transactions, Mr. Lefkofsky continues to beneficially own 38,000,301 shares of Class A Common Stock, both directly and indirectly.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a neutral to slightly negative event. While the sale is pre-planned, significant insider selling by a CEO can sometimes create a perception of reduced confidence, even if it's for personal financial planning.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned divestment rather than an immediate reaction to new information.

Negatives

• Insider selling by a CEO and Chairman, especially a significant amount, can sometimes be perceived negatively by the market, potentially signaling a desire to diversify personal holdings.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that insider selling, even when pre-scheduled via a 10b5-1 plan, can sometimes be interpreted by the market as a signal, though it doesn't necessarily reflect a change in the company's fundamentals. Such transactions are common for executives managing personal wealth and diversification.

Related Party Transactions

• The sales were conducted through Gray Media, LLC and Blue Media, LLC, which are entities controlled by the reporting person, Eric P. Lefkofsky. Other indirect holdings are through entities like 346 Long LLC, Lefkofsky Family 2025 GRAT, Black Media, LLC, Lefkofsky Family Foundation, and Vas.org Foundation, all linked to the reporting person or his spouse.

Stakeholder Impact

• Shareholders: May interpret the insider sale as a signal, potentially leading to short-term price volatility or a re-evaluation of the stock. However, the 10b5-1 plan mitigates some of the negative implications.

Key Dates

Recommendation

While the sale by the CEO is significant, it was executed under a pre-arranged 10b5-1 plan, which suggests personal financial planning rather than a reaction to new, undisclosed negative information. Given the substantial remaining beneficial ownership, this single transaction does not warrant a 'sell' recommendation without further fundamental analysis of Tempus AI's business operations and financial performance. Investors should monitor future insider activity and company performance.

Keywords

Tempus AI, TEM, Insider Trading, Form 4, Stock Sale, Eric P. Lefkofsky, CEO, Chairman, 10b5-1 Plan, Equity Transaction