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buyWeak

Patrick J Heron bought $69k of ARQT

director at Arcutis Biotherapeutics, Inc.. 5,040 shares at an average of $13.66, traded May 21, 2025, filed May 23, 2025.

Conviction score
38
Value
$69k
5,040 shares
Holdings after
22,534
+29% from before
From 52-week low
+66%
low $8.31, close $13.76
From 52-week high
-20%
high $17.29, as of May 21, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $69k at market
    +8
  • Relative to holdings
    Holdings up 29%
    +6
  • Price context
    20% below the 52-week high
    +4
  • Cluster
    No other insider buying within 14 days
    0
  • Repeat buying
    4 buys in 90 days
    +5
  • Track record
    Too few past buys to judge (0 with prices)
    0

What happened after comparable buys

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 May 23, 2025: +90.1%SPY +36.7% · excess +53.5%

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 0001415889-25-014415, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 21, 2025POpen-market purchase
Common Stockindirect: By Frazier Life Sciences X, L.P.
+2,520$13.66$34k20,014May 23, 2025
May 22, 2025POpen-market purchase
Common Stockindirect: By Frazier Life Sciences X, L.P.
+2,520$13.65$34k22,534May 23, 2025

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
12Weak
ARQTsell 210b5-1
Arcutis Biotherapeutics, Inc.
Masaru Matsuda
See Remarks
$92k
3,674 shares
-3%
3Weak
ARQTsell 210b5-1
Arcutis Biotherapeutics, Inc.
Howard G. Welgus
director
$114k
4,730 shares
-12%
16Weak
ARQTsell 210b5-1
Arcutis Biotherapeutics, Inc.
Masaru Matsuda
See Remarks
$250k
9,989 shares
-8%
6Weak
ARQTsell10b5-1
Arcutis Biotherapeutics, Inc.
Howard G. Welgus
director
$136k
10,139 shares
-8%
33Weak
ARQTbuy
Arcutis Biotherapeutics, Inc.
Patrick J Heron
director
$35k
2,646 shares
+11%
32Weak
ARQTbuy
Arcutis Biotherapeutics, Inc.
Patrick J Heron
director
$30k
2,268 shares
+10%
3Weak
ARQTsell 210b5-1
Arcutis Biotherapeutics, Inc.
Masaru Matsuda
See Remarks
$25k
1,800 shares
-1%
20Weak
ARQTsell 310b5-1
Arcutis Biotherapeutics, Inc.
Larry Todd Edwards
See Remarks
$105k
7,451 shares
-4%
33Weak
ARQTbuy
Arcutis Biotherapeutics, Inc.
Patrick J Heron
director
$34k
2,520 shares
+17%
44Moderate
ARQTbuy
Arcutis Biotherapeutics, Inc.
Patrick J Heron
director
$119k
8,674 shares
+138%

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.

Patrick J Heron bought $69k of ARQT | InsiderTell