ARQT Arcutis Biotherapeutics, Inc.

NASDAQ
$23.89

Arcutis Biotherapeutics, Inc. (ARQT) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

30D 90D 6M 1Y
Insider signal In line Selling ran in line with ARQT's own trailing one-year pace, with 60% of sale value under a prearranged plan.
Cluster activity 0 buyers in the last 30 days 0 buyers in the last 90 days 5 sellers in the last 90 days
Insiders buying
0
0 transactions
Insiders selling
11
82 transactions
Purchases
$0
0 shares
Sales
$17.2M
675,143 shares
Net activity
-$17.2M
purchases less sales

How much of that selling was preplanned? 60% planned / 40% discretionary

10b5-1 plan sales $10.4M 36 transactions · 412,940 shares
Discretionary sales $6.8M 46 transactions · 262,203 shares

Largest single sale: $1.5M.

Where they traded

Buy Sell Dot area is proportional to transaction value.

No open-market insider purchase on record.

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
Matsuda Masaru See Remarks Sell 10b5-1 9,989 $25.03 $250.0K 116,182 −7.9% of holding
Curran Terrie 2 fills Director Sell 38,200 $25.03 $956.1K 23,526 −61.9% of holding
Curran Terrie Director Sell 1,072 $26.04 $27.9K 23,526 −4.4% of holding
Burnett Patrick See Remarks Sell 1,697 $27.00 $45.8K 117,592 −1.4% of holding
Welgus Howard G. Director Sell 10b5-1 4,730 $26.18 $123.8K 36,475 −11.5% of holding
Burnett Patrick See Remarks Sell 6,700 $26.08 $174.8K 119,289 −5.3% of holding
Burnett Patrick See Remarks Sell 8,300 $26.52 $220.1K 119,289 −6.5% of holding
Watanabe Todd See Remarks Sell 4,375 $26.12 $114.3K 717,203 −0.6% of holding
Matsuda Masaru See Remarks Sell 1,230 $26.12 $32.1K 126,171 −1% of holding
Burnett Patrick See Remarks Sell 955 $26.12 $24.9K 119,289 −0.8% of holding
Welgus Howard G. Director Sell 10b5-1 4,730 $26.91 $127.3K 37,109 −11.3% of holding
Welgus Howard G. Director Sell 10b5-1 635 $25.67 $16.3K 37,743 −1.7% of holding
LIN SUE-JEAN Director Sell 10b5-1 4,946 $24.38 $120.6K 27,567 −15.2% of holding
Welgus Howard G. Director Sell 10b5-1 4,096 $24.41 $100.0K 38,378 −9.6% of holding
Vairavan Latha SVP Chief Financial Officer Sell 435 $21.05 $9.2K 85,978 −0.5% of holding
Burnett Patrick See Remarks Sell 222 $21.05 $4.7K 120,244 −0.2% of holding
Matsuda Masaru See Remarks Sell 10b5-1 7,372 $23.27 $171.5K 127,573 −5.5% of holding
Watanabe Todd See Remarks Sell 3,172 $23.61 $74.9K 720,755 −0.4% of holding
Vairavan Latha SVP Chief Financial Officer Sell 1,341 $23.61 $31.7K 86,413 −1.5% of holding
Matsuda Masaru See Remarks Sell 884 $23.61 $20.9K 126,689 −0.7% of holding
Burnett Patrick See Remarks Sell 684 $23.61 $16.1K 120,466 −0.6% of holding
Welgus Howard G. Director Sell 10b5-1 7,144 $22.99 $164.2K 32,600 −18% of holding
Welgus Howard G. Director Sell 10b5-1 10,000 $23.88 $238.8K 39,744 −20.1% of holding
Leonard Keith R Director Sell 10b5-1 39,272 $25.39 $997.2K 22,123 −64% of holding
Watanabe Todd 2 fills See Remarks Sell 37,349 $25.18 $940.5K 787,025 −4.5% of holding
Welgus Howard G. Director Sell 10b5-1 10,000 $25.65 $256.5K 49,744 −16.7% of holding
Matsuda Masaru 2 fills See Remarks Sell 6,746 $25.18 $169.9K 137,125 −4.7% of holding
Burnett Patrick 2 fills See Remarks Sell 6,287 $25.18 $158.3K 121,295 −4.9% of holding
Edwards Larry Todd 2 fills See Remarks Sell 3,687 $25.18 $92.8K 175,281 −2.1% of holding
Vairavan Latha 2 fills SVP Chief Financial Officer Sell 2,853 $25.18 $71.8K 87,835 −3.1% of holding
Matsuda Masaru See Remarks Sell 10b5-1 1,987 $25.70 $51.1K 136,932 −1.4% of holding
Matsuda Masaru See Remarks Sell 10b5-1 3,325 $27.95 $92.9K 143,678 −2.3% of holding
Burnett Patrick See Remarks Sell 10b5-1 9,794 $25.81 $252.7K 80,651 −10.8% of holding
Matsuda Masaru 3 fills See Remarks Sell 10b5-1 32,655 $25.23 $823.7K 134,096 −19.6% of holding
Watanabe Todd See Remarks Sell 19,833 $25.50 $505.7K 721,306 −2.7% of holding
Welgus Howard G. Director Sell 10b5-1 10,000 $25.05 $250.5K 59,744 −14.3% of holding
Matsuda Masaru See Remarks Sell 7,983 $25.50 $203.6K 142,658 −5.3% of holding
Burnett Patrick See Remarks Sell 3,675 $25.50 $93.7K 90,445 −3.9% of holding
Edwards Larry Todd See Remarks Sell 2,052 $25.50 $52.3K 148,865 −1.4% of holding
Vairavan Latha SVP Chief Financial Officer Sell 1,320 $25.50 $33.7K 63,607 −2% of holding
Burnett Patrick See Remarks Sell 10b5-1 2,490 $28.98 $72.2K 94,120 −2.6% of holding
Welgus Howard G. Director Sell 10b5-1 10,000 $28.96 $289.6K 69,744 −12.5% of holding
Burnett Patrick 2 fills See Remarks Sell 1,697 $29.20 $49.6K 97,766 −1.7% of holding
Burnett Patrick See Remarks Sell 10b5-1 11,500 $28.94 $332.9K 98,307 −10.5% of holding
Welgus Howard G. Director Sell 10b5-1 10,000 $30.21 $302.1K 79,744 −11.1% of holding
Matsuda Masaru See Remarks Sell 10b5-1 1,657 $30.23 $50.1K 150,641 −1.1% of holding
Watanabe Todd See Remarks Sell 10b5-1 48,945 $30.36 $1.5M 740,537 −6.2% of holding
LIN SUE-JEAN Director Sell 25,272 $30.78 $778.0K 26,735 −48.6% of holding
Watanabe Todd See Remarks Sell 10b5-1 1,055 $30.00 $31.7K 793,838 −0.1% of holding
Gilbert Halley E Director Sell 16,532 $27.55 $455.4K 22,123 −42.8% of holding
Matsuda Masaru 2 fills See Remarks Sell 2,550 $28.29 $72.1K 153,037 −1.6% of holding
Krishnamohan Neha 2 fills Director Sell 10b5-1 40,504 $23.20 $939.5K 23,355 −63.4% of holding
Edwards Larry Todd See Remarks Sell 29,131 $25.16 $732.9K 150,193 −16.2% of holding
Burnett Patrick See Remarks Sell 10b5-1 17,250 $24.18 $417.1K 98,325 −14.9% of holding
Burnett Patrick See Remarks Sell 10b5-1 3,864 $23.72 $91.6K 98,325 −3.8% of holding
Watanabe Todd 2 fills See Remarks Sell 11,547 $24.72 $285.4K 794,962 −1.4% of holding
Welgus Howard G. Director Sell 10b5-1 10,000 $25.27 $252.7K 89,744 −10% of holding
Matsuda Masaru 2 fills See Remarks Sell 7,208 $24.72 $178.2K 154,069 −4.5% of holding
Burnett Patrick 2 fills See Remarks Sell 2,622 $24.72 $64.8K 102,204 −2.5% of holding
Vairavan Latha SVP Chief Financial Officer Sell 88 $24.72 $2.2K 64,927 −0.1% of holding
Watanabe Todd See Remarks Sell 10b5-1 40,000 $25.03 $1.0M 806,440 −4.7% of holding
Watanabe Todd See Remarks Sell 10b5-1 20,739 $20.04 $415.6K 846,440 −2.4% of holding
Edwards Larry Todd 2 fills See Remarks Sell 4,504 $20.04 $90.3K 179,324 −2.5% of holding
Watanabe Todd 2 fills See Remarks Sell 10b5-1 24,261 $19.33 $469.1K 876,440 −2.7% of holding
Welgus Howard G. 2 fills Director Sell 10b5-1 10,000 $18.92 $189.2K 100,206 −9.1% of holding

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.