Tempus AI Chairman and CEO Eric Lefkofsky sells $62M of shares

In a regulatory filing on Friday, Tempus AI (TEM) disclosed that Chairman and CEO Eric Lefkofsky sold a series of shares beginning on January 22, totaling about $62M. On January 22, Lefkofsky sold a series of shares at prices ranging from $47.78 to $51.82. On January 23, he sold shares at 24,677 shares sold at $48, 61,987 shares at $48.57, and 365,467 shares at $52.79. On January 24, Lefkofsky sold 71,333 shares at $53.26, 11,355 shares at $53.84, and 3,100 shares sold at $54.75. These transactions were part of a mandated “sell to cover” to meet tax obligations related to the vesting of restricted stock units and does not represent a discretionary sale, the filing noted. Following these sales, Lefkofsky retains ownership of several million shares, both directly and indirectly through various entities.