Form 4: Tempus AI Director Leonsis Executes Stock Transactions

Director Theodore Leonsis of Tempus AI executed multiple transactions involving Class A Common Stock, including option exercises and sales, on December 11, 2024.

Summary

• Theodore Leonsis, a director at Tempus AI, engaged in several transactions involving the company's Class A Common Stock on December 11, 2024.
• These transactions included the acquisition of 210,000 shares through the exercise of stock options at a price of $0.8542 per share.
• Additionally, 4,153 shares were withheld by the issuer to cover the exercise price of the option.
• Leonsis also sold 166,851 shares at a weighted average price of $40.73 and 233,149 shares at a weighted average price of $41.6.
• These sales were executed in multiple transactions with prices ranging from $40.185 to $41.175 and $41.18 to $42.01 respectively.
• Following these transactions, Leonsis indirectly beneficially owns 3,260,948 shares through Revolution Growth III, LP and 205,847 shares through Revolution Growth Management Company, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions. It does not contain any information that would indicate a positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and the transactions disclosed are typical for directors who hold stock options and shares.
• The price ranges for the sales are within the expected trading range for the stock at the time of the transactions.
• The reporting of weighted average prices and price ranges is consistent with SEC requirements for reporting multiple transactions.

Stakeholder Impact

• The transactions may have a minor impact on the stock price due to the volume of shares sold by the director.
• The disclosure provides transparency to shareholders regarding insider trading activity.

Key Dates

Keywords

Tempus AI, Theodore Leonsis, stock transactions, Form 4, insider trading, Class A Common Stock, stock options, Revolution Growth