Form 4: Theodore Leonsis Reports Changes in Beneficial Ownership of Tempus AI, Inc.

Theodore Leonsis, a director of Tempus AI, Inc., reports changes in his beneficial ownership of the company's Class A Common Stock due to pro rata distributions and a sale transaction.

Summary

• Theodore Leonsis, a director of Tempus AI, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's Class A Common Stock.
• On May 9, 2025, Leonsis sold 770 shares of Class A Common Stock at a price of $66.26 per share.
• The filing also reflects pro rata distributions of shares by Revolution Growth III, LP (RG III) to its general and limited partners, and subsequent distributions by the general partner to its members.
• These distributions represent a change in the form of Leonsis' ownership and were not required to be reported under Section 16.
• Leonsis may be deemed to share dispositive power over shares held by RG GP III, RG III, and RGMC due to his roles within those entities.
• Following the reported transactions, Leonsis directly owns 13,514 shares of Class A Common Stock and indirectly owns shares through various entities.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions and ownership adjustments, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions and ownership structure.

Key Dates

Keywords

Form 4, Beneficial Ownership, Tempus AI, Leonsis, Revolution Growth, Class A Common Stock, SEC Filing