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ARS Pharmaceuticals, Inc. Director's Dealing 2025

Aug 21, 2025

32159_dirs_2025-08-21_43853747-c026-40a1-825a-976237cd8816.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARS Pharmaceuticals, Inc. (SPRY)
CIK: 0001671858
Period of Report: 2025-08-19

Reporting Person: Tanimoto Sarina (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-08-19 Common Stock S 12344 $14.0254 Disposed 1285103 Indirect
2025-08-20 Common Stock S 37656 $14.0914 Disposed 1247447 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1246494 Indirect
Common Stock 8859200 Indirect

Footnotes

F1: The shares were sold pursuant to a Rule 10b5-1 trading plan entered into on May 15, 2025.

F2: The weighted average sale price for the transaction reported was $14.0254 and the range of prices were between $14.00 and $14.08. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.

F3: The Reporting Person is trustee of the trust.

F4: The weighted average sale price for the transaction reported was $14.0914 and the range of prices were between $14.00 and $14.205. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.

F5: The Reporting Person's spouse is trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F6: The number of shares reported is comprised of (i) 1,098,499 shares that were previously reported as indirectly held by the Family Trust, (ii) 3,433,512 shares that were previously reported as directly held by the Reporting Person, and (iii) 4,327,189 shares that were previously reported as indirectly held by the Reporting Person's spouse.

F7: The shares are held in trust for the benefit of the Reporting Person and her spouse. The Reporting Person and her spouse are trustees of the trust.