Tarsus Pharmaceuticals (TARS) CEO transfers 51,885 shares to living trust
Rhea-AI Filing Summary
Tarsus Pharmaceuticals President and CEO Bobak Azamian, who is also Board Chair and a director, reported a transfer of 51,885 shares of common stock on December 4, 2025. The shares were moved for no consideration to the Bobak Azamian Living Trust, established April 16, 2018.
After the transaction, he holds 1,750 Tarsus shares directly and 863,991 shares indirectly through the trust, where he serves as trustee with voting and dispositive power over these shares. The report reflects a restructuring of how his holdings are owned rather than a cash sale.
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FAQ
What insider share transfer did Tarsus Pharmaceuticals (TARS) report?
The report shows that President, CEO and Board Chair Bobak Azamian transferred 51,885 shares of common stock on December 4, 2025.
Who received the 51,885 Tarsus Pharmaceuticals (TARS) shares?
The 51,885 shares of Tarsus common stock were transferred for no consideration to the Bobak Azamian Living Trust, established April 16, 2018.
Did Bobak Azamian receive payment for the transferred TARS shares?
No. The disclosure states that the reporting person transferred 51,885 shares of common stock to the Bobak Azamian Living Trust for no consideration.
How many Tarsus Pharmaceuticals shares does Bobak Azamian hold after the transaction?
Following the transaction, he holds 1,750 shares directly and 863,991 shares indirectly through the Bobak Azamian Living Trust.
Does Bobak Azamian still control the Tarsus shares held in the trust?
Yes. He is the trustee of the Bobak Azamian Living Trust and has voting and dispositive power with respect to the shares held there.
What is Bobak Azamian’s role at Tarsus Pharmaceuticals (TARS)?
He is a director, President/CEO, and Board Chair of Tarsus Pharmaceuticals, Inc.