Tarsus Pharmaceuticals, Inc.·4

Jun 29, 4:31 PM ET

CHAUDHURI BHASKAR 4

4 · Tarsus Pharmaceuticals, Inc. · Filed Jun 29, 2026

Research Summary

AI-generated summary of this filing

Updated

Tarsus (TARS) Director Bhaskar Chaudhuri Receives RSUs & Option

What Happened

  • Bhaskar Chaudhuri, a non-employee director of Tarsus Pharmaceuticals (TARS), received two awards on June 25, 2026: an option covering 3,837 shares (derivative) and 2,417 restricted stock units (RSUs). Both awards show $0.00 paid (they were grants/awards, not purchases). These are compensation grants tied to his service as a director rather than open-market buying or selling.

Key Details

  • Transaction date: 2026-06-25; Filing date (Form 4): 2026-06-29 (filed within the standard two business days).
  • Prices: reported at $0.00 (awards/grants).
  • Shares/units awarded: 3,837 (option) and 2,417 RSUs.
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnotes: F1—the option is an annual non-employee director grant that vests in full one year after grant, subject to continuous service. F2—each RSU equals a contingent right to one share. F3—RSUs vest in full one year after grant, subject to continuous service.

Context

  • The option is a derivative award (no immediate share issuance); the RSUs are rights to receive shares upon vesting. Both awards vest in one year if Chaudhuri continues as a director. These types of annual director grants are routine compensation and do not indicate an immediate purchase or sale of shares.

Insider Transaction Report

Form 4
Period: 2026-06-25
Transactions
  • Award

    Stock Option (right to buy)

    [F1]
    2026-06-25+3,8373,837 total
    Exercise: $64.34Exp: 2036-06-24Common Stock (3,837 underlying)
  • Award

    Restricted Stock Units

    [F2][F3]
    2026-06-25+2,4172,417 total
    Common Stock (2,417 underlying)
Footnotes (3)
  • [F1]Annual option granted in connection with the Reporting Person's service as a non-employee director as of the Company's 2026 annual meeting of stockholders. The option will vest in full on the one-year anniversary of the date of grant, subject to the non-employee director's continuous service.
  • [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock.
  • [F3]RSUs granted in connection with the Reporting Person's service as a non-employee director as of the Company's 2026 annual meeting of stockholders. The RSUs vest in full on the one-year anniversary of the date of grant, subject to the non-employee director's continuous service.
Signature
/s/ Scott Sieckert, Attorney-in-Fact|2026-06-29

Documents

1 file
  • 4
    wk-form4_1782765084.xmlPrimary

    FORM 4