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sellWeak cluster of 410b5-1 plan

Masaru Matsuda sold $43k of ARQT

See Remarks at Arcutis Biotherapeutics, Inc.. 3,263 shares at an average of $13.03, traded Mar 3, 2025, filed Mar 4, 2025.

Warning score
16
Value
$43k
3,263 shares
Holdings after
209,429
-2% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    Officer
    +15
  • Trade size
    $43k at market
    +6
  • Share of holdings sold
    Sold 1.5% of holdings
    0
  • Cluster
    4 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 Mar 4, 2025: +98.4%SPY +37.6% · excess +60.7%

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 0001787306-25-000038, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 28, 2025AGrant or award
Common Stock10b5-1
+34,000$0.00$0212,692Mar 4, 2025
Mar 3, 2025SOpen-market sale
Common Stock10b5-1
-3,263$13.03$43k209,429Mar 4, 2025
Feb 28, 2025AGrant or award
Stock Option (right to buy)derivative10b5-1
+89,000$0.00$089,000Mar 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
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
15Weaksell 510b5-1ARQT
Arcutis Biotherapeutics, Inc.
Larry Todd Edwards
See Remarks
$28k2,173

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 $43k of ARQT | InsiderTell