Arcutis Director Sells $135K Worth of Stock Through Pre-Planned Trade
Director Howard G. Welgus of Arcutis Biotherapeutics (ARQT) reported a significant insider sale transaction executed on June 18, 2025.
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Rhea-AI Filing Summary
Director Howard G. Welgus of Arcutis Biotherapeutics (ARQT) reported a significant insider sale transaction executed on June 18, 2025. The director sold 10,139 shares of common stock at a weighted average price of $13.3715 per share, with individual transaction prices ranging from $13.2118 to $13.59.
Following the transaction, Welgus retains direct ownership of 109,414 shares of the company's common stock. The sale was conducted under a pre-established 10b5-1 trading plan initiated on March 11, 2025, which remains active until May 29, 2026.
Key transaction details:
- Transaction executed pursuant to Rule 10b5-1 trading plan
- Total transaction value approximately $135,575
- Represents a partial reduction of the director's holdings
- Transaction reported within required SEC filing deadlines
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,139 | $13.3715 | $136K |
Footnotes (2)
- F1. The transactions reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted on March 11, 2025, by the Reporting Person, with a plan end date of May 29, 2026.
- F2. The price reported in Column 4 is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $13.2118 to $13.59, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
FAQ
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What is Howard Welgus's remaining ARQT stock position after the June 2025 sale?
Was ARQT Director Welgus's stock sale part of a 10b5-1 trading plan?
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