According to recent filings covering the 90 days ending December 12, 2025, the three most significant insider holders at ARS Pharmaceuticals are Director Capital Management, L.P. Ra (9.96Mn shares), TenPercentOwner James E Flynn (4.89Mn shares), Director Pratik Shah (4.47Mn shares).
| Holder | Position | Shares | Report Date |
|---|---|---|---|
| Capital Management, L.P. Ra | 9,958,073 | 27 Mar, 2024 | |
| Richard E Lowenthal | President And CEO | 5,523,683 | 19 Dec, 2024 |
| James E Flynn | 4,887,254 | 01 Jul, 2025 | |
| Sarina Tanimoto | Chief Medical Officer | 4,680,959 | 19 Dec, 2024 |
| Pratik Shah | 4,474,554 | 14 Nov, 2025 | |
| Rajeev Dadoo | 3,009,677 | 10 Nov, 2022 | |
| Laura Shawver | 210,346 | 08 Apr, 2025 | |
| Alexander A Fitzpatrick | Chief Legal Officer | 89,613 | 22 May, 2025 |
| Michael Kelly | 83,225 | 10 Nov, 2022 | |
| Jonathan Piazza | Chief Financial Officer | 69,225 | 04 May, 2022 |
| Valerie Odegard | President And Cso | 61,639 | 04 May, 2022 |
| Naomi Hunder | Chief Medical Officer | 54,427 | 04 May, 2022 |
| Russ Hawkinson | Sr. Vice President Of Finance | 37,251 | 04 May, 2022 |
| Kathleen D. Scott | Chief Financial Officer | 18,292 | 22 Aug, 2025 |
| Brian Dorsey | Chief Operating Officer | 10,789 | 14 Nov, 2025 |
| Eric Karas | Chief Commercial Officer | 10,315 | 03 Jul, 2025 |
* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.
| Transaction Date | Insider Name | Security Class | Transaction Type | Shares Traded | Price | Shares Remaining | Ownership | Code |
|---|---|---|---|---|---|---|---|---|
| 13 Nov, 2025 | Brian Dorsey | Common Stock | A | 21,828 | $0.64 | 32,617 | D | M |
| 13 Nov, 2025 | Brian Dorsey | Common Stock | D | 21,828 | $8.71 | 10,789 | D | S |
| 12 Nov, 2025 | Pratik Shah | Common Stock | D | 250,000 | $0.00 | 4,574,554 | I | G |
| 12 Nov, 2025 | Justin Chakma | Common Stock | A | 30,000 | $0.84 | 166,380 | D | M |
| 12 Nov, 2025 | Justin Chakma | Common Stock | D | 30,000 | $8.91 | 136,380 | D | S |
| 12 Nov, 2025 | Pratik Shah | Common Stock | D | 100,000 | $0.00 | 4,474,554 | I | G |
| 12 Nov, 2025 | Justin Chakma | Common Stock | D | 136,380 | $8.86 | 0 | D | S |
| 21 Aug, 2025 | Richard E Lowenthal | - | - | 1,196,494 | I | |||
| 21 Aug, 2025 | Richard E Lowenthal | Common Stock | D | 50,000 | $14.49 | 1,196,494 | I | S |
| 21 Aug, 2025 | Kathleen D. Scott | Common Stock | A | 12,500 | $1.50 | 22,542 | D | M |
| 21 Aug, 2025 | Kathleen D. Scott | - | - | 10,042 | D | |||
| 21 Aug, 2025 | Kathleen D. Scott | Common Stock | D | 12,500 | $15.00 | 10,042 | D | S |
| 19 Aug, 2025 | Sarina Tanimoto | - | - | 1,285,103 | I | |||
| 19 Aug, 2025 | Sarina Tanimoto | Common Stock | D | 12,344 | $14.03 | 1,285,103 | I | S |
| 20 Aug, 2025 | Sarina Tanimoto | Common Stock | D | 37,656 | $14.09 | 1,247,447 | I | S |
| 20 Aug, 2025 | Sarina Tanimoto | - | - | 1,247,447 | I | |||
| 01 Jul, 2025 | Eric Karas | - | - | 25,315 | D | |||
| 01 Jul, 2025 | Eric Karas | Common Stock | A | 15,000 | $1.50 | 25,315 | D | M |
| 01 Jul, 2025 | Eric Karas | - | - | 10,315 | D | |||
| 01 Jul, 2025 | Eric Karas | Common Stock | D | 15,000 | $16.99 | 10,315 | D | S |