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Arcutis Biotherapeutics (ARQT) insider plans 15,000-share stock sale

(Neutral)
(Neutral)
Form Type
144

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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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
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.

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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.

How many Arcutis Biotherapeutics (ARQT) shares are planned for sale?

The insider plans to sell 15,000 shares of common stock. These shares are listed as securities to be sold through Merrill Lynch on or after August 11, 2026, under NASDAQ listing.

When were the ARQT shares to be sold originally acquired?

The 15,000 shares to be sold were acquired through a stock option exercise dated January 12, 2024. This links the planned sale to previously granted equity compensation in the form of stock options.

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.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature