Equity awards grant Tarsus (TARS) director RSUs and stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tarsus Pharmaceuticals, Inc. reported that director Bhaskar Chaudhuri received new equity awards as part of his compensation for serving as a non-employee director at the company’s 2026 annual meeting of stockholders. He was granted 2,417 Restricted Stock Units, each representing one share of common stock, and a stock option for 3,837 shares of common stock at an exercise price of $64.34 per share. Both the RSUs and the option vest in full on the one-year anniversary of the June 25, 2026 grant date, subject to his continuous service on the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CHAUDHURI BHASKAR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 3,837 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,417 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 3,837 shares (Direct, null);
Restricted Stock Units — 2,417 shares (Direct, null)
Footnotes (1)
- Annual option granted in connection with the Reporting Person's service as a non-employee director as of the Company's 2026 annual meeting of stockholders. The option will vest in full on the one-year anniversary of the date of grant, subject to the non-employee director's continuous service. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock. RSUs granted in connection with the Reporting Person's service as a non-employee director as of the Company's 2026 annual meeting of stockholders. The RSUs vest in full on the one-year anniversary of the date of grant, subject to the non-employee director's continuous service.
Key Figures
RSU grant size: 2,417 units
Option grant size: 3,837 options
Option exercise price: $64.34 per share
+3 more
6 metrics
RSU grant size
2,417 units
RSUs granted June 25, 2026; each unit equals one common share
Option grant size
3,837 options
Stock options granted June 25, 2026 to non-employee director
Option exercise price
$64.34 per share
Exercise price for 3,837 stock options granted June 25, 2026
Option expiration
June 24, 2036
Expiration date of director stock option grant
RSU post-transaction holdings
2,417 RSUs
Total RSUs held following the grant transaction
Option post-transaction holdings
3,837 options
Total options held from this grant following the transaction
Key Terms
Restricted Stock Units, Stock Option (right to buy), non-employee director, annual meeting of stockholders, +2 more
6 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Option (right to buy) financial
"Stock Option (right to buy) with an exercise price of 64.3400"
non-employee director financial
"granted in connection with the Reporting Person's service as a non-employee director"
annual meeting of stockholders financial
"as of the Company's 2026 annual meeting of stockholders"
continuous service financial
"vest in full on the one-year anniversary ... subject to the non-employee director's continuous service"
exercise price financial
"conversion or exercise price of 64.3400 for the stock option grant"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What equity awards did Tarsus (TARS) grant to director Bhaskar Chaudhuri?
Tarsus granted Bhaskar Chaudhuri 2,417 Restricted Stock Units and a stock option for 3,837 shares. These awards were issued as compensation for his service as a non-employee director at the company’s 2026 annual meeting of stockholders.
How do the RSUs granted to Tarsus (TARS) director Bhaskar Chaudhuri work?
Each of the 2,417 RSUs granted to Bhaskar Chaudhuri represents a contingent right to receive one share of Tarsus common stock. The RSUs vest in full on the one-year anniversary of the grant date, contingent on his continued board service.
What are the key terms of the stock options granted by Tarsus (TARS)?
Bhaskar Chaudhuri received stock options for 3,837 shares of Tarsus common stock with a $64.34 exercise price. The options vest in full one year after the June 25, 2026 grant date and expire on June 24, 2036, assuming continued service.
When do the new Tarsus (TARS) director equity awards vest?
Both the 2,417 RSUs and the 3,837-share stock option granted to director Bhaskar Chaudhuri vest in full on the one-year anniversary of the June 25, 2026 grant date, provided he continues serving as a non-employee director during that period.
Why did Tarsus (TARS) grant RSUs and options to Bhaskar Chaudhuri?
The RSUs and stock options were granted as annual equity compensation linked to Bhaskar Chaudhuri’s role as a non-employee director at Tarsus’s 2026 annual meeting. Such awards are a common way to align director incentives with shareholder interests over time.