Tarsus (TARS) COO receives new stock option and RSU equity grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tarsus Pharmaceuticals, Inc. reported that Chief Operating Officer Neervannan Seshadri received new equity awards. On March 5, 2026, he was granted stock options for 27,310 shares at an exercise price of $0.00 per share, vesting 25% on March 5, 2027, with the remaining shares vesting monthly over three years, subject to continued service. He also received 17,161 Restricted Stock Units (RSUs), each representing one share of common stock, which vest in four equal annual installments on March 15 of 2027, 2028, 2029, and 2030, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Neervannan Seshadri
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 27,310 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 17,161 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 27,310 shares (Direct);
Restricted Stock Units — 17,161 shares (Direct)
Footnotes (1)
- 25% of the option shares shall vest on March 5, 2027, and 1/48th of the option shares shall vest each month thereafter for a period of 3 years, subject to the Reporting Person's continuous service. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in four equal annual installments on March 15th of each of 2027, 2028, 2029, and 2030, subject to the Reporting Person's continuous service.
FAQ
What insider transactions did Tarsus Pharmaceuticals (TARS) report for Neervannan Seshadri?
Tarsus Pharmaceuticals reported that COO Neervannan Seshadri received grants of stock options and Restricted Stock Units. The awards increase his potential equity stake over time, aligning part of his compensation with the company’s future stock performance and service-based vesting conditions.
How many stock options were granted to the Tarsus (TARS) COO in this Form 4?
The COO received stock options for 27,310 shares at an exercise price of $0.00 per share. These options vest gradually over four years, starting with a 25% cliff on March 5, 2027, followed by monthly vesting for the remaining shares, contingent on continued service.
What are the vesting terms of the Tarsus (TARS) stock options granted to Neervannan Seshadri?
Twenty-five percent of the option shares vest on March 5, 2027. The remaining option shares then vest in equal monthly installments over the following three years, provided Neervannan Seshadri continues his service with Tarsus Pharmaceuticals during the full vesting period.
How many Restricted Stock Units were granted to the Tarsus (TARS) COO?
Neervannan Seshadri received 17,161 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Tarsus Pharmaceuticals common stock, subject to the specified vesting schedule and his continued service with the company during the vesting period.
What is the vesting schedule for the Tarsus (TARS) Restricted Stock Units in this filing?
The RSUs vest in four equal annual installments on March 15 of 2027, 2028, 2029, and 2030. Vesting occurs only if Neervannan Seshadri remains in continuous service with Tarsus Pharmaceuticals through each of these annual vesting dates.
Do the Tarsus (TARS) RSUs and options give immediate ownership of common stock?
The RSUs and options do not immediately deliver common stock. Each RSU represents a contingent right to one share, and options must vest and be exercised. Actual share delivery depends on satisfying the time-based vesting conditions tied to continued service at Tarsus Pharmaceuticals.