Schoenherr Thomas Edward 4
4 · Tempus AI, Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Tempus AI (TEM) CEO Thomas Schoenherr Sells 1,580 Shares
What Happened
Schoenherr Thomas Edward (CEO, Diagnostics) disposed of 1,580 shares of Tempus AI common stock on 2026-05-19 in an open market sale. The reported weighted-average price was $44.07 (sales ranged $43.65–$44.46), for total proceeds of approximately $69,631. This sale was a "sell-to-cover" to satisfy tax withholding tied to the vesting of restricted stock units, not a discretionary cash-raising sale by the insider (see footnote F1).
Key Details
- Transaction date: 2026-05-19; Form 4 filed 2026-05-21 (appears to be filed within the standard Form 4 timeframe).
- Shares sold: 1,580; weighted-average price: $44.07; price range: $43.65–$44.46 (footnote F2).
- Proceeds: ~$69,631.
- Reason: Mandatory sell-to-cover for statutory tax withholding related to RSU vesting (footnote F1).
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: F1 explains the sale was required to cover withholding taxes; F2 notes the weighted-average price and offers to provide a transaction-by-transaction price breakdown on request.
Context
Sell-to-cover transactions are common when restricted stock units vest and the company’s plan requires withholding via share sales; they do not necessarily reflect the insider’s view of the stock. For retail investors, discretionary purchases typically carry more weight than routine withholding sales.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-05-19$44.07/sh−1,580$69,631→ 107,029 total
Footnotes (2)
- [F1]Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
- [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.65 to $44.46 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.