Arcutis EVP sells 2,052 shares for tax withholding
Arcutis Biotherapeutics executive Larry Todd Edwards reported a small insider sale of common stock.
Rhea-AI Filing Summary
Arcutis Biotherapeutics executive Larry Todd Edwards reported a small insider sale of common stock. On February 2, 2026, he sold 2,052 shares at a weighted average price of $25.4984 per share, solely to cover tax withholding obligations from vesting restricted stock units (RSUs).
The RSUs were granted on January 12, 2024 and vest 25% annually each February 1, beginning in 2025, subject to continued service. After this tax-related sale, Edwards beneficially owns 148,865 shares, including 724 shares purchased under the company’s Employee Stock Purchase Plan on November 30, 2025.
Positive
- None.
Negative
- None.
FAQ
What insider transaction does the latest Arcutis (ARQT) Form 4 report?
The filing reports that EVP Chief Commercial Officer Larry Todd Edwards sold 2,052 Arcutis shares on February 2, 2026. The shares were sold at a weighted average price of $25.4984 per share, according to the reported transaction details.
What are the vesting terms of the RSUs linked to the Arcutis (ARQT) insider sale?
The RSUs were granted on January 12, 2024. Twenty-five percent of the RSUs vest annually on February 1 of each year, starting on February 1, 2025, and vesting is conditioned on continued service to Arcutis Biotherapeutics.
Who is the reporting person in the Arcutis (ARQT) Form 4 and what is their role?
The reporting person is Larry Todd Edwards, identified with the title EVP Chief Commercial Officer of Arcutis Biotherapeutics, Inc. The Form 4 is signed by Latha Vairavan acting as Attorney-in-Fact for Larry Todd Edwards.
AI-generated analysis. How Rhea-AI works. Not financial advice.