Form 4: Director Wendy L Yarno Reports Stock Transactions in Tarsus Pharmaceuticals
SEC Form 4 Filing
Wendy L Yarno, a director of Tarsus Pharmaceuticals, reports the acquisition and disposal of common stock related to the settlement of restricted stock units.
Summary
- On June 24, 2024, Wendy L Yarno, a director of Tarsus Pharmaceuticals, engaged in transactions involving the company's common stock.
- Yarno acquired 3,350 shares of common stock through the settlement of vested Restricted Stock Units (RSUs).
- Concurrently, Yarno disposed of 3,350 shares.
- Following these transactions, Yarno beneficially owns 10,350 shares of Tarsus Pharmaceuticals common stock.
- The RSUs were granted on June 22, 2023, and vested on the one-year anniversary, contingent upon continuous service as a non-employee director.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their holdings in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 06/22/2023 | RSUs granted to Wendy L Yarno in connection with her service as a non-employee director. |
| 06/24/2024 | Date of stock acquisition and disposal due to RSU settlement. |
| 06/25/2024 | Date of signature for the Form 4 filing. |
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