$TARS

Azamian Bobak R. sold $801K of TARS (indirect holdings)

Azamian Bobak R. (President/CEO and Board Chair) sold 10,000 indirectly-held shares of Tarsus Pharmaceuticals, Inc. (TARS) at $80.06 ($0.80M total) on 2026-09-02 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Azamian Bobak R.
Published Sep 3, 2026, 8:30 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 3, 2026, 11:15 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$TARS
Bearish
medium confidence
Mentioned
$TARS
Relevance
4/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$TARSBearishLow
01

Why it matters

Provides fresh data on insider holdings, useful for short‑term sentiment assessment.

02

Market read

First public disclosure of a CEO's share sale; modest relevance for traders monitoring insider activity.

03

What to watch

The remaining insider stake remains large, and the company has upcoming clinical milestones that could offset the sale.

Relevance 4/10Novelty 6/10Timing: post‑market 2026‑09‑02 filing

Background

Form 4 filing discloses insider transactions required by SEC regulations.

Company-level read

Ticker impact

$TARSBearishMedium confidence
Context

CEO sold 10,000 shares for $800,600 via a 10b5-1 plan, reducing his stake to 837,991 shares.

Expected impact

Possible modest dip of 1‑2% in the next trading session.

Evidence & confidence

Sale size is modest relative to float, but CEO involvement and open-market execution suggest a slight negative bias.

Market effects

Biopharma sector may see minor scrutiny of insider activity, but no broader impact.

U.S. market only; no regional ripple.

Limited to Tarsus shareholders; negligible global effect.

Counterpoint

The sale could be routine portfolio rebalancing under a 10b5‑1 plan, not a confidence signal.

Key entities

  • Azamian Bobak R.

    President/CEO and Board Chair of Tarsus Pharmaceuticals.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$TARSMed

TARS Reinstated by Barclays -- Rating Upgraded to Overweight

Barclays reinstated Tarsus Pharmaceuticals (TARS) with an Overweight rating and a $110.00 price target. The company's stock is currently trading at $78.23, with a GF Value™ of $160.86, indicating a 51.4% undervaluation. TARS has a GF Score™ of 46/100, reflecting mixed financial health and performance. The company focuses on biotechnology, particularly eye care, with its lead product being XDEMVY.

$TARSHighAI 8/10

Tarsus Pharmaceuticals, Inc. (TARS): Completion of Acquisition or Disposition of Assets

Tarsus Pharmaceuticals, Inc. (TARS) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Tarsus Pharmaceuticals Completes Acquisition of Alkeus Pharmaceuticals, Expanding Leadership in Eye Care September 4, 2026 Adds gildeuretinol (ALK-001), a differentiated Phase 3 oral investigational medicine designed to target the underlying biology of Stargardt’s disease, a pote

$TARSMed

Jefferies raises Tarsus Pharmaceuticals price target on guidance

Jefferies raised its price target on Tarsus Pharmaceuticals (NASDAQ:TARS) to $105, citing strong guidance and recent prescription data. The stock has surged 23% in the past week. Tarsus reported Q2 2026 sales of $173.9M, beating expectations, and raised full-year sales guidance for XDEMVY. The company has a market cap of approximately $4B and is considered undervalued by InvestingPro analysis.

$TARSMed

Tarsus Pharmaceuticals Completes Alkeus Acquisition; Adds Phase 3 Stargardt Disease Program

Tarsus Pharmaceuticals (TARS) completed its acquisition of Alkeus Pharmaceuticals, gaining worldwide rights to ALK-001, a Phase 3 investigational therapy for Stargardt disease. ALK-001 has received multiple FDA designations and is expected to report topline data in 2029. The acquisition expands Tarsus' pipeline and supports its eye care strategy. TARS shares closed at $83.21 on Thursday, up 0.54%.

$TARSMed

A potentially blinding eye disease has no FDA-approved therapy. Tarsus bought a company developing one.

Tarsus Pharmaceuticals (TARS) completed its acquisition of Alkeus Pharmaceuticals, gaining worldwide rights to ALK-001, a late-stage oral therapy for Stargardt disease. ALK-001 has received multiple FDA designations and is in a Phase 3 trial with topline data expected in 2029. Tarsus believes ALK-001 could be a blockbuster treatment for this inherited retinal disease with no FDA-approved therapies.