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Baker Brothers sells 322,039 TARA shares; additional broker placements listed (TARA)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TARA: A Form 144 filing reports planned or completed dispositions of Common Stock by selling holders. The filing shows a sale of 322,039 shares by Baker Brothers Life Sciences, L.P. on 02/24/2026. It also lists proposed methods and additional sale quantities including 24,186 shares (underwriter) dated 12/08/2025 and 923,293 shares (broker) dated 02/25/2026.

The filing lists intermediaries such as Canaccord Genuity LLC and identifies NASDAQ as the exchange. These entries indicate registered resale activity by institutional holders rather than corporate actions by the issuer.

Positive

  • None.

Negative

  • None.

Insights

Large institutional resale activity reported, comprised mainly of a 322,039-share completed sale and larger planned broker/underwriter placements.

The excerpt shows a completed disposition of 322,039 shares by Baker Brothers Life Sciences, L.P. on 02/24/2026, plus listed planned sales of 24,186 shares via an underwriter (12/08/2025) and 923,293 shares via broker methods (02/25/2026).

These entries represent selling‑holder transactions and not an issuer issuance; cash‑flow treatment is not specified in the provided excerpt. Subsequent transaction notices or exchange records will show actual execution and timing.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the TARA Form 144 filing report?

It reports dispositions of Common Stock, including a sale of 322,039 shares by Baker Brothers Life Sciences on 02/24/2026. The filing also lists planned sales of 24,186 and 923,293 shares with intermediary methods noted.

Who sold shares in the TARA Form 144 filing?

The filing identifies Baker Brothers Life Sciences, L.P. as a seller of 322,039 shares on 02/24/2026. Other sale quantities are listed with intermediaries such as Canaccord Genuity LLC as broker/underwriter.

What sale methods are listed in the TARA filing?

The excerpt lists sale methods including underwriter and broker transactions, with specific entries of 24,186 shares (underwriter) and 923,293 shares (broker) tied to dated entries in the filing.

Does the Form 144 indicate issuer dilution for TARA?

No—this filing documents selling‑holder transactions in Common Stock, not new issuances by the company. The entries reflect resale activity by holders rather than shares issued by the issuer.

Where was the TARA stock listed for these transactions?

The filing lists NASDAQ as the exchange. Intermediaries named include Canaccord Genuity LLC with address details shown in the excerpt for broker/dealer handling.
Protara Therapeutics Inc

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309.20M
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Biotechnology
Biological Products, (no Diagnostic Substances)
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United States
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