Arcutis (NASDAQ: ARQT) director to sell 1,072 shares
Rhea-AI Filing Summary
Arcutis Biotherapeutics, Inc. (ARQT) received a notice under Rule 144 that Terrie Curran plans to sell 1,072 shares of the company’s common stock. The shares are to be sold through Merrill Lynch on the NASDAQ, with cash as the form of payment and were acquired via a stock option exercise dated 05/31/2023.
Positive
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Negative
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Key Figures
Shares to be sold: 1,072 shares of common stock
Aggregate market value: 27912.35
Date of acquisition: 05/31/2023
+1 more
4 metrics
Shares to be sold
1,072 shares of common stock
Quantity of Arcutis Biotherapeutics, Inc. shares covered by the Rule 144 notice
Aggregate market value
27912.35
Aggregate market value reported for the 1,072 shares of common stock
Date of acquisition
05/31/2023
Date the securities to be sold were acquired via stock option exercise
Planned sale date or period reference
08/20/2026
Date associated with the securities information and to-be-sold sections
Key Terms
Rule 144, Stock Option Exercise, Aggregate market value
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Stock Option Exercise financial
"Common | 05/31/2023 | Stock Option Exercise | Arcutis Biotherapeutics"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Aggregate market value financial
"Common | Merrill Lynch ... | 1072 | 27912.35 |"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
Who is the selling security holder in the ARQT Form 144 filing?
The selling security holder is Terrie Curran, identified as a Director. The filing covers a proposed sale of 1,072 shares of Arcutis Biotherapeutics, Inc. common stock that were acquired via stock option exercise.
AI-generated analysis. How Rhea-AI works. Not financial advice.