CEO Bobak R. Azamian sells 10,000 shares at $61.55 avg under 10b5-1 plan; holds 848.0K post-sale.
Bobak R. Azamian, President/CEO and Board Chair of Tars Pharmaceuticals (TARS), executed 2 separate sales totaling 10,000 shares for $615,488.26 at blended average price $61.55 on 2026-06-17. The transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-12-09, so execution was scheduled rather than discretionary. His post-transaction holdings of 847,991 shares represent a 1.2% reduction from prior holdings. At the same-ticker level, Azamian's 5 prior TARS sales show mixed post-sale price action (30-day returns ranging from -2.4% to +3.9%, 90-day returns from -18.0% to -6.6%), with no clear directional pattern. The company reported quarterly revenue of $162,054,000.00 but remains unprofitable with net income of $-6,967,000.00 in the latest quarter; full-year profitability remains negative. Stock is currently trading at $63.56, down 25.4% from the 52-week high of $85.25.