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sellWeak cluster of 210b5-1 plan

Patrick Burnett sold $66k of ARQT

See Remarks at Arcutis Biotherapeutics, Inc.. 4,188 shares at an average of $15.82, traded Aug 19, 2025, filed Aug 21, 2025.

Warning score
11
Value
$66k
4,188 shares
Holdings after
104,811
-4% from before
From 52-week low
+90%
low $8.31, close $15.77
From 52-week high
-9%
high $17.29, as of Aug 19, 2025

Score components

  • Role
    Officer
    +15
  • Trade size
    $66k at market
    +8
  • Share of holdings sold
    Sold 3.8% of holdings
    0
  • Cluster
    2 insiders selling within 14 days
    +8
  • 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 21, 2025: +68.3%SPY +24.2% · excess +44.2%

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 0001787306-25-000130, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Aug 19, 2025SOpen-market sale
Common Stock10b5-1
-1,750$16.16$28k107,249Aug 21, 2025
Aug 21, 2025SOpen-market sale
Common Stock10b5-1
-2,438$15.57$38k104,811Aug 21, 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.

Patrick Burnett sold $66k of ARQT | InsiderTell