ARQT CFO sells 88 shares; holdings now 64,927 after RSU tax sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arcutis Biotherapeutics (ARQT) reported an insider transaction by its SVP Chief Financial Officer. On 11/03/2025, the officer sold 88 shares of common stock at a weighted average price of $24.7185, as noted in the filing.
The footnote states the sale was made to cover tax withholding upon the vesting of Restricted Stock Units. Following the transaction, the officer beneficially owned 64,927 shares directly. The trades occurred in multiple lots between $24.435 and $25.31.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 88 shares ($2,175)
Net Sell
1 txn
Insider
Vairavan Latha
Role
SVP Chief Financial Officer
Sold
88 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 88 | $24.7185 | $2K |
Holdings After Transaction:
Common Stock — 64,927 shares (Direct)
Footnotes (1)
- The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units. The price reported in Column 4 is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $24.435 to $25.31, 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
What insider transaction did ARQT disclose?
An officer sold 88 shares of common stock on 11/03/2025 at a weighted average price of $24.7185.
What was the price range for the ARQT transactions?
The reported trades occurred between $24.435 and $25.31, inclusive.
What is the reporting person’s role at ARQT?
The reporting person is the SVP Chief Financial Officer of Arcutis Biotherapeutics.
Was this an open-market sale under a plan?
The filing notes a weighted average sale with multiple transactions; it specifies the sale was for tax withholding related to RSU vesting.