Arcutis Biotherapeutics (ARQT) insider plans 15,000-share stock sale
Rhea-AI Filing Summary
Arcutis Biotherapeutics insider Patrick Burnett filed to sell 15,000 shares of common stock of Arcutis Biotherapeutics through Merrill Lynch on or after August 11, 2026. These shares were acquired via a stock option exercise dated January 12, 2024. In the prior three months, Burnett sold 955 shares of common stock on August 3, 2026 for $24,941.54.
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Key Figures
Planned shares to be sold: 15,000 shares
Acquisition date of shares: 01/12/2024
Shares sold in past 3 months: 955 shares
+1 more
4 metrics
Planned shares to be sold
15,000 shares
Common stock to be sold through Merrill Lynch on or after August 11, 2026
Acquisition date of shares
01/12/2024
Date of stock option exercise that generated the 15,000 shares
Shares sold in past 3 months
955 shares
Common stock sold on August 3, 2026
Proceeds from recent sale
$24,941.54
Total proceeds from sale of 955 shares on August 3, 2026
Key Terms
Form 144, stock option exercise, securities to be sold, securities sold during the past 3 months
4 terms
Form 144 regulatory
"Filer Information | | | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
stock option exercise financial
"Common | 01/12/2024 | Stock Option Exercise | Arcutis"
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.
securities to be sold regulatory
"144: Securities To Be Sold"
securities sold during the past 3 months regulatory
"144: Securities Sold During The Past 3 Months"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the ARQT insider’s Form 144 filing disclose?
The filing discloses that Patrick Burnett plans to sell 15,000 shares of Arcutis Biotherapeutics common stock, acquired via a stock option exercise on January 12, 2024, through Merrill Lynch on or after August 11, 2026.
What ARQT stock sales occurred in the past three months?
In the past three months, 955 shares of Arcutis Biotherapeutics common stock were sold on August 3, 2026 for total proceeds of $24,941.54, as reported under securities sold during the past 3 months.
Who is the insider involved in the ARQT planned stock sale?
The insider is Patrick Burnett, associated with Arcutis Biotherapeutics and based in Westlake Village, California. The filing details his planned sale of 15,000 common shares and a prior sale of 955 shares for $24,941.54.