Arcutis Biotherapeutics, Inc. SEC Filing
Masaru Matsuda filed a notice to sell 40,638 shares of Arcutis Biotherapeutics common stock through Merrill Lynch on NASDAQ, with an approximate sale date of 02/02/2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Masaru Matsuda filed a notice to sell 40,638 shares of Arcutis Biotherapeutics common stock through Merrill Lynch on NASDAQ, with an approximate sale date of 02/02/2026. The aggregate market value of the planned sale is 1,027,275 based on the filing data, versus 122,492,192 common shares outstanding.
The shares to be sold were acquired through restricted stock vesting from Arcutis Biotherapeutics on multiple dates, including 02/01/2026, 02/01/2025, 11/18/2024, 11/01/2024, and 08/01/2024, in amounts that total 40,638 shares. In the past three months, Matsuda also sold 1,675 shares on 12/01/2025 for gross proceeds of 50,041 and 2,550 shares on 11/19/2025 for gross proceeds of 72,056.
AI-generated analysis. How Rhea-AI works. Not financial advice.