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sellWeak cluster of 410b5-1 plan

Todd Franklin Watanabe sold $114k of ARQT

See Remarks at Arcutis Biotherapeutics, Inc.. 4,375 shares at an average of $26.12, traded Aug 3, 2026, filed Aug 5, 2026.

Warning score
20
Value
$114k
4,375 shares
Holdings after
717,203
-1% from before
From 52-week low
+84%
low $14.12, close $25.94
From 52-week high
-17%
high $31.20, as of Aug 3, 2026

Score components

  • Role
    Officer
    +15
  • Trade size
    $114k at market
    +10
  • Share of holdings sold
    Sold 0.6% 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 Aug 5, 2026: -1.9%SPY +1.3% · excess -3.2%

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 0001628280-26-053753, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Aug 3, 2026SOpen-market sale
Common Stock10b5-1
-4,375$26.12$114k717,203Aug 5, 2026

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%
23Weak
ARQTsell 310b5-1
Arcutis Biotherapeutics, Inc.
Masaru Matsuda
See Remarks
$250k
9,989 shares
-8%
59Moderate
ARQTsell 4
Arcutis Biotherapeutics, Inc.
Terrie Curran
director
$956k
38,200 shares
-110%
20Weak
ARQTsell 3
Arcutis Biotherapeutics, Inc.
Terrie Curran
director
$28k
1,072 shares
-4%
36Weak
ARQTsell 3
Arcutis Biotherapeutics, Inc.
Patrick Burnett
See Remarks
$46k
1,697 shares
-1%
10Weak
ARQTsell 510b5-1
Arcutis Biotherapeutics, Inc.
Howard G. Welgus
director
$124k
4,730 shares
-11%
36Weak
ARQTsell 5
Arcutis Biotherapeutics, Inc.
Patrick Burnett
See Remarks
$395k
15,000 shares
-12%
15Weak
ARQTsell 410b5-1
Arcutis Biotherapeutics, Inc.
Masaru Matsuda
See Remarks
$32k
1,230 shares
-1%
10Weak
ARQTsell 410b5-1
Arcutis Biotherapeutics, Inc.
Patrick Burnett
See Remarks
$25k
955 shares
-1%

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.