Arcutis (ARQT) director exercises options, sells over 40k shares
Arcutis Biotherapeutics (ARQT) director Neha Krishnamohan reported option exercises and share sales.
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Rhea-AI Filing Summary
Arcutis Biotherapeutics (ARQT) director Neha Krishnamohan reported option exercises and share sales. On 11/13/2025, she exercised stock options to acquire 27,052 shares at $8.63 and 12,220 shares at $7.51 per share, then sold 39,272 shares at a weighted average price of $23.1896 and an additional 1,232 shares at $23.37.
After these transactions, she directly owned 22,123 shares of Arcutis common stock. The filing notes that these trades were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on August 14, 2025, with an end date of November 2, 2026, which is designed to allow insiders to sell shares according to a preset schedule.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 27,052 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) | 12,220 | $0.00 | $0.00 |
| Exercise | Common Stock | 27,052 | $8.63 | $233K |
| Exercise | Common Stock | 12,220 | $7.51 | $92K |
| Sale | Common Stock | 39,272 | $23.1896 | $911K |
| Sale | Common Stock | 1,232 | $23.37 | $29K |
Footnotes (4)
- F1. The transactions reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted on August 14, 2025, by the Reporting Person, with a plan end date of November 2, 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 $22.86 to $23.60, 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.
- F3. The underlying shares subject to the option vest and become exercisable as to 100% on the first anniversary of June 14, 2024, subject to the non-employee director's continuous service.
- F4. The underlying shares subject to the option vest and become exercisable as to 100% on the first anniversary of May 31, 2023.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ARQT director Neha Krishnamohan report?
Neha Krishnamohan reported exercising stock options and selling Arcutis Biotherapeutics (ARQT) shares on 11/13/2025, changing her directly held share balance.
How many Arcutis (ARQT) options did the director exercise and at what prices?
She exercised options for 27,052 shares at $8.63 per share and 12,220 shares at $7.51 per share of Arcutis common stock.
Was the ARQT insider trading activity under a Rule 10b5-1 plan?
Yes. The transactions were executed under a Rule 10b5-1 trading plan adopted on August 14, 2025, with a plan end date of November 2, 2026.
What are the key terms of the director’s Arcutis stock options?
One stock option for 27,052 shares at $8.63 vests 100% on the first anniversary of June 14, 2024, and another for 12,220 shares at $7.51 vests 100% on the first anniversary of May 31, 2023.
AI-generated analysis. How Rhea-AI works. Not financial advice.