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

Theodore Leonsis, a director of Tempus AI, Inc., reports the acquisition of restricted stock units and details of beneficial ownership through various entities.

Summary

• Theodore Leonsis, a director of Tempus AI, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• The report indicates the acquisition of 1,997 Class A Common Stock units as a restricted stock unit (RSU) award.
• These RSUs will vest on the earlier of the company's 2026 annual meeting or May 20, 2026, contingent upon continuous service as a director.
• Leonsis also has indirect ownership through the Theodore J. Leonsis Revocable Trust (122,140 shares), Revolution Growth III, LP (43,550 shares), Revolution Growth Management Company, Inc. (205,847 shares), and Revolution Growth GP III, LP (6,115 shares).
• Leonsis is a member of the investment committee of the ultimate general partner of Revolution Growth GP III, LP and Revolution Growth III, LP and a member of the board of directors of Revolution Growth Management Company, Inc. and may be deemed to share dispositive power over the shares held by these entities.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. The acquisition of RSUs by a director could be interpreted slightly positively.

Positives

• The acquisition of RSUs by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The vesting of the RSUs is contingent upon the Reporting Person's continuous service with the Issuer as of the applicable vesting date.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider ownership.

Key Dates

Keywords

Tempus AI, Leonsis, Beneficial Ownership, Form 4, Director, Stock, RSU, Revolution Growth