Arcutis director Robert A. Scott receives stock options
The 2,819 restricted stock units vest on the earlier of June 5, 2027, or immediately before the next annual meeting, subject to continued service.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Arcutis Biotherapeutics, Inc. director Robert A. Scott received two stock-option awards on October 23, 2026: 20,507 options and 8,663 options, each with a $31.20 exercise price and an expiration date of October 23, 2036. The first award vests in thirds annually beginning October 23, 2027; the second vests in full on the earlier of June 5, 2027, or immediately before the next annual meeting. Scott also received an award identified as restricted stock units (RSUs); the common-stock entry reports 2,819 shares following the transaction. Vesting is subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F2 | 20,507 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) F3 | 8,663 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 2,819 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents restricted stock units ("RSUs") granted in connection with the Reporting Person's service as a non-employee director of the Company. The Reporting Person is entitled to receive one (1) share of common stock for each one (1) RSU upon the vesting thereof, which shall occur on the earlier of June 5, 2027, or immediately before the next annual meeting of stockholders, subject to the director's continued service through the vesting date.
- F2. 1/3 each of the underlying shares subject to the option vest and become exercisable on the first annual anniversary of October 23, 2026 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the third anniversary of the Vesting Commencement Date, subject to the non-employee director's continued service through each applicable vesting date.
- F3. The underlying shares subject to the option vest and become exercisable as to 100% on the earlier of June 5, 2027, or immediately before the next annual meeting of stockholders, subject to the director's continued service through the vesting date.
Key Figures
Key Terms
restricted stock units financial
Vesting Commencement Date financial
exercisable financial
FAQ
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How many stock options did ARQT director Robert A. Scott receive?
What are the vesting terms for Robert A. Scott’s ARQT RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.