Arcutis (ARQT) CFO sells 1,320 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arcutis Biotherapeutics SVP CFO Latha Vairavan reported a small insider sale tied to equity compensation. On February 2, 2026, she sold 1,320 shares of common stock at a weighted average price of $25.4984 per share. According to the footnotes, the sale was made solely to cover tax withholding obligations arising from the vesting of previously granted restricted stock units. Following this transaction, she beneficially owns 63,607 shares of Arcutis common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,320 shares ($33,658)
Net Sell
1 txn
Insider
Vairavan Latha
Role
SVP Chief Financial Officer
Sold
1,320 shs ($34K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,320 | $25.4984 | $34K |
Holdings After Transaction:
Common Stock — 63,607 shares (Direct)
Footnotes (1)
- The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligation in connection with the vesting of Restricted Stock Units ("RSUs"), granted on January 12, 2024, in which 25% of the RSUs vest annually on February 1, (the "Vesting Commencement Date"), of each year beginning on February 1, 2025, subject to the Reporting Person's continued service to the Issuer. The price reported in Column 4 is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $24.745 to $25.68, 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 Arcutis Biotherapeutics (ARQT) report for its CFO?
Arcutis Biotherapeutics reported that SVP Chief Financial Officer Latha Vairavan sold 1,320 shares of common stock. The transaction was disclosed on Form 4 and is described as a sale to cover tax withholding obligations related to vesting restricted stock units.