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sellWeak cluster of 510b5-1 plan

Masaru Matsuda sold $106k of ARQT

See Remarks at Arcutis Biotherapeutics, Inc.. 8,338 shares at an average of $12.70, traded Feb 3, 2025, filed Feb 4, 2025.

Warning score
20
Value
$106k
8,338 shares
Holdings after
178,692
-4% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    Officer
    +15
  • Trade size
    $106k at market
    +10
  • Share of holdings sold
    Sold 4.5% of holdings
    0
  • Cluster
    5 insiders selling within 14 days
    +15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

ARQTOct 9, 2026 · close 26.58
Since filing Feb 4, 2025: +102.9%SPY +31.9% · excess +71.0%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001787306-25-000017, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 3, 2025SOpen-market sale
Common Stock10b5-1
-8,338$12.70$106k178,692Feb 4, 2025

Related signals

Other insiders at Arcutis Biotherapeutics, Inc. and this insider’s other filings.

ScoreSideCompanyInsiderValueSharesFiled
12Weaksell 210b5-1ARQT
Arcutis Biotherapeutics, Inc.
Masaru Matsuda
See Remarks
$92k3,674
3Weaksell 210b5-1ARQT
Arcutis Biotherapeutics, Inc.
Howard G. Welgus
director
$114k4,730
16Weaksell 210b5-1ARQT
Arcutis Biotherapeutics, Inc.
Masaru Matsuda
See Remarks
$250k9,989
11Weaksell 210b5-1ARQT
Arcutis Biotherapeutics, Inc.
Todd Franklin Watanabe
See Remarks
$64k3,671
10Weaksell 410b5-1ARQT
Arcutis Biotherapeutics, Inc.
Todd Franklin Watanabe
See Remarks
$21k1,200
29Weaksell 410b5-1ARQT
Arcutis Biotherapeutics, Inc.
Patrick Burnett
See Remarks
$921k61,403
16Weaksell 410b5-1ARQT
Arcutis Biotherapeutics, Inc.
Masaru Matsuda
See Remarks
$43k3,263
21Weaksell 410b5-1ARQT
Arcutis Biotherapeutics, Inc.
Howard G. Welgus
director
$130k10,000
25Weaksell 410b5-1ARQT
Arcutis Biotherapeutics, Inc.
Todd Franklin Watanabe
See Remarks
$327k25,015
17Weaksell 410b5-1ARQT
Arcutis Biotherapeutics, Inc.
Patrick Burnett
See Remarks
$49k3,773

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Masaru Matsuda sold $106k of ARQT | InsiderTell