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sellWeak cluster of 410b5-1 plan

William J Link Phd sold $980k of TARS

director at Tarsus Pharmaceuticals, Inc.. 12,500 shares at an average of $78.38, traded Sep 15, 2026, filed Sep 17, 2026.

Warning score
25
Value
$980k
12,500 shares
Holdings after
94,487
-12% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    Director
    +15
  • Trade size
    $980k at market
    +25
  • Share of holdings sold
    Sold 12% of holdings
    +5
  • Cluster
    4 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

TARSOct 9, 2026 · close 73.16
Since filing Sep 17, 2026: -7.4%SPY +2.3% · excess -9.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001228684-26-000010, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 15, 2026MOption exercise
Common Stock10b5-1
+201--106,98725 d ago
Sep 15, 2026SOpen-market sale
Common Stock10b5-1
-11,675$78.33$915k95,31225 d ago
Sep 15, 2026SOpen-market sale
Common Stock10b5-1
-759$79.00$60k94,55325 d ago
Sep 15, 2026SOpen-market sale
Common Stock10b5-1
-66$80.01$5,28194,48725 d ago
Sep 15, 2026MOption exercise
Restricted Stock Unitsderivative10b5-1
-201$0.00$060525 d ago

Related signals

Other insiders at Tarsus Pharmaceuticals, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
44Moderate
TARSsell 410b5-1
Tarsus Pharmaceuticals, Inc.
Bobak R. Azamian
President/CEO and Board Chair
$906k
10,000 shares
-1%
55Moderate
TARSsell 410b5-1
Tarsus Pharmaceuticals, Inc.
Elizabeth Yeu Lin
Chief Medical Officer
$1.2M
13,953 shares
-105%
31Weak
TARSsell 410b5-1
Tarsus Pharmaceuticals, Inc.
Seshadri Neervannan
Chief Operating Officer
$388k
4,564 shares
-5%
42Moderate
TARSsell 410b5-1
Tarsus Pharmaceuticals, Inc.
Bobak R. Azamian
President/CEO and Board Chair
$801k
10,000 shares
-1%
44Moderate
TARSsell 410b5-1
Tarsus Pharmaceuticals, Inc.
Elizabeth Yeu Lin
Chief Medical Officer
$898k
11,578 shares
-50%
78Notable
TARSsell 2
Tarsus Pharmaceuticals, Inc.
Bobak R. Azamian
President/CEO and Board Chair
$2.4M
34,603 shares
-51%
45Moderate
TARSsell 2
Tarsus Pharmaceuticals, Inc.
Jeffrey S Farrow
See Remarks
$440k
6,430 shares
-13%
38Weak
TARSsell 410b5-1
Tarsus Pharmaceuticals, Inc.
Bobak R. Azamian
President/CEO and Board Chair
$495k
6,000 shares
-1%
34Weak
TARSsell 410b5-1
Tarsus Pharmaceuticals, Inc.
Dianne C. Whitfield
Chief Human Resources Officer
$592k
7,397 shares
-16%
40Moderate
TARSsell 410b5-1
Tarsus Pharmaceuticals, Inc.
William J Link Phd
director
$1.9M
22,946 shares
-16%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

William J Link Phd sold $980k of TARS | InsiderTell