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sellWeak cluster of 810b5-1 plan

William J Link Phd sold $860k of TARS

director at Tarsus Pharmaceuticals, Inc.. 12,500 shares at an average of $68.79, traded Mar 16, 2026, filed Mar 18, 2026.

Warning score
33
Value
$860k
12,500 shares
Holdings after
116,332
-10% from before
From 52-week low
+77%
low $38.82, close $68.90
From 52-week high
-16%
high $82.51, as of Mar 16, 2026

Score components

  • Role
    Director
    +15
  • Trade size
    $860k at market
    +23
  • Share of holdings sold
    Sold 9.7% of holdings
    0
  • Cluster
    8 insiders selling within 14 days
    +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.

This signal so far: 1m -1.5%, 3m -8.3%, 6m +13.8%.

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 12, 2026 · close 74.40
Since filing Mar 18, 2026: +9.0%SPY +18.5% · excess -9.5%

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 0001228684-26-000002, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 16, 2026SOpen-market sale
Common Stock10b5-1
-3,629$68.09$247k125,203Mar 18, 2026
Mar 16, 2026SOpen-market sale
Common Stock10b5-1
-8,378$69.03$578k116,825Mar 18, 2026
Mar 16, 2026SOpen-market sale
Common Stock10b5-1
-493$69.75$34k116,332Mar 18, 2026

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
25Weak
TARSsell 410b5-1
Tarsus Pharmaceuticals, Inc.
William J Link Phd
director
$980k
12,500 shares
-12%
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%
40Moderate
TARSsell 410b5-1
Tarsus Pharmaceuticals, Inc.
Bobak R. Azamian
President/CEO and Board Chair
$615k
10,000 shares
-1%
43Moderate
TARSsell 4
Tarsus Pharmaceuticals, Inc.
Jeffrey S Farrow
See Remarks
$877k
14,396 shares
-20%
42Moderate
TARSsell 410b5-1
Tarsus Pharmaceuticals, Inc.
Katherine Goodrich
director
$183k
2,954 shares
-57%
37Weak
TARSsell 410b5-1
Tarsus Pharmaceuticals, Inc.
William J Link Phd
director
$776k
12,500 shares
-10%

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 $860k of TARS | InsiderTell