Skip to content
sellWeak cluster of 510b5-1 plan

Masaru Matsuda sold $91k of ARQT

See Remarks at Arcutis Biotherapeutics, Inc.. 6,330 shares at an average of $14.33, traded Aug 4, 2025, filed Aug 5, 2025.

Warning score
19
Value
$91k
6,330 shares
Holdings after
197,364
-3% from before
From 52-week low
+75%
low $8.31, close $14.52
From 52-week high
-16%
high $17.29, as of Aug 4, 2025

Score components

  • Role
    Officer
    +15
  • Trade size
    $91k at market
    +9
  • Share of holdings sold
    Sold 3.1% 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 Aug 5, 2025: +73.4%SPY +25.7% · excess +47.8%

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 0001787306-25-000116, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Aug 4, 2025SOpen-market sale
Common Stock10b5-1
-6,330$14.33$91k197,364Aug 5, 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%
15Weak
ARQTsell 310b5-1
Arcutis Biotherapeutics, Inc.
Patrick Burnett
See Remarks
$333k
11,500 shares
-10%
17Weak
ARQTsell 610b5-1
Arcutis Biotherapeutics, Inc.
Masaru Matsuda
See Remarks
$50k
1,657 shares
-1%
29Weak
ARQTsell 610b5-1
Arcutis Biotherapeutics, Inc.
Howard G. Welgus
director
$302k
10,000 shares
-11%
47Moderate
ARQTsell 6
Arcutis Biotherapeutics, Inc.
Sue-Jean Lin
director
$778k
25,272 shares
-49%
35Weak
ARQTsell 610b5-1
Arcutis Biotherapeutics, Inc.
Todd Watanabe
See Remarks
$1.5M
50,000 shares
-6%
42Moderate
ARQTsell 8
Arcutis Biotherapeutics, Inc.
Halley E Gilbert
director
$455k
16,532 shares
-43%
18Weak
ARQTsell 810b5-1
Arcutis Biotherapeutics, Inc.
Masaru Matsuda
See Remarks
$72k
2,550 shares
-2%

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 $91k of ARQT | InsiderTell