LEFKOFSKY ERIC P 4
Research Summary
AI-generated summary
Tempus AI (TEM) 10% Owner Eric Lefkofsky Sells 166,250 Shares
What Happened
Eric P. Lefkofsky, a reported 10% owner of Tempus AI, sold a total of 166,250 shares in open-market transactions on May 27, 2026, generating aggregate proceeds of approximately $7,763,312. The sales were reported as four disposals: 8,932 shares at $46.17 ($412,390); 24,318 shares at $46.89 ($1,140,271); 35,721 shares at $46.17 ($1,649,239); and 97,279 shares at $46.89 ($4,561,412). These were sales (S) — not purchases — and therefore are routine dispositions rather than insider buys.
Key Details
- Transaction date: May 27, 2026 (filed May 29, 2026).
- Shares sold: 166,250 total; proceeds ≈ $7,763,312.
- Reported prices: line-item prices shown at $46.17 and $46.89; filing notes weighted-average pricing and transaction price ranges of $45.53–$46.52 and $46.53–$47.47 for the multiple executions. The filer will provide per-price breakdown on request.
- Footnotes of note: the trades were made under a Rule 10b5-1 trading plan adopted March 4, 2025 (pre-arranged trading plan). The filing also discloses Lefkofsky’s control/affiliations with certain LLCs and foundations.
- Shares owned after the transaction: not specified in the disclosed details of this Form 4.
Context
As a 10% owner rather than a disclosed executive-trade only, these sales were executed under an established 10b5-1 plan, which commonly indicates pre-scheduled, automated selling. Sales do not necessarily signal a change in sentiment about the company; they often reflect diversification, tax planning, or liquidity needs.