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Arcutis Biotherapeutics, Inc. planned insider sales

In the last twelve months insiders at Arcutis Biotherapeutics, Inc. filed 59 Form 144 notices of planned sales, 1.0 million shares worth $26.1 million at the time of filing, from 16 sellers. The latest, filed 20 October 2026: Larry Todd Edwards (former officer), 60,376 shares worth $2.0 million, planned for around 20 October 2026 through Merrill Lynch.

FiledSellerRelationshipSharesValuePlanned saleSold, per Form 4BrokerHow acquiredFiling
20 October 2026Larry Todd EdwardsFormer Officer60,376$2.0 million20 October 2026None on Form 4 yetMerrill LynchEmployee Stock Purchase; Restricted Stock VestingForm 144
15 October 2026Howard WelgusDirector4,728$127,32515 October 20264,728 shares from 15 October 2026Merrill LynchRestricted Stock Vesting; Stock Option ExerciseForm 144
16 September 2026Larry Todd EdwardsFormer Officer341,980$8.5 million16 September 2026None on Form 4 yetMerrill LynchStock Option ExerciseForm 144
15 September 2026Howard WelgusDirector4,730$114,37115 September 20264,730 shares from 15 September 2026Merrill LynchRestricted Stock Vesting; Stock Option ExerciseForm 144
8 September 2026Masaru MatsudaOfficer13,663$341,9338 September 202613,663 shares from 8 September 2026Merrill LynchRestricted Stock VestingForm 144
27 August 2026Terrie CurranDirector38,200$956,12527 August 202638,200 shares from 27 August 2026Merrill LynchStock Option ExerciseForm 144
20 August 2026Terrie CurranDirector1,072$27,91220 August 20261,072 shares from 20 August 2026Merrill LynchStock Option ExerciseForm 144
19 August 2026Patrick BurnettOfficer1,697$45,81919 August 20261,697 shares from 19 August 2026Merrill LynchRestricted Stock VestForm 144
17 August 2026Howard WelgusDirector4,730$123,83517 August 20264,730 shares from 17 August 2026Merrill LynchRestricted Stock Vesting; Stock Option ExerciseForm 144
11 August 2026Patrick BurnettOfficer15,000$397,82411 August 202615,000 shares from 11 August 2026Merrill LynchStock Option ExerciseForm 144
3 August 2026Patrick BurnettOfficer955$24,9423 August 2026955 shares from 3 August 2026Merrill LynchRestricted Stock VestingForm 144
3 August 2026Matsuda MasaruOfficer1,230$32,1243 August 20261,230 shares from 3 August 2026Merrill LynchRestricted Stock VestingForm 144
3 August 2026Todd Frank WatanabeOfficer4,375$114,2613 August 20264,375 shares from 3 August 2026Merrill LynchRestricted Stock VestingForm 144
15 July 2026Howard WelgusDirector4,730$127,28415 July 20264,730 shares from 15 July 2026Merrill LynchRestricted Stock Vesting; Stock Option ExerciseForm 144
17 June 2026Howard WelgusDirector635$16,30017 June 2026635 shares from 17 June 2026Merrill LynchRestricted Stock VestingForm 144
15 June 2026Howard WelgusDirector4,096$99,98015 June 20264,096 shares from 15 June 2026Merrill LynchStock Option ExerciseForm 144
15 June 2026Sue-Jean LinOfficer4,946$120,58715 June 20264,946 shares from 15 June 2026Merrill LynchRestricted Stock VestingForm 144
11 May 2026Patrick BurnettOfficer222$4,67311 May 2026222 shares from 11 May 2026Merrill LynchRestricted Stock VestingForm 144
11 May 2026Latha Vairavanofficer435$9,15711 May 2026435 shares from 11 May 2026Merrill LynchRestricted Stock VestingForm 144
4 May 2026Patrick BurnettOfficer684$16,1504 May 2026684 shares from 4 May 2026Merrill LynchRestricted Stock VestingForm 144
4 May 2026Latha VairavanOfficer1,341$31,6624 May 20261,341 shares from 4 May 2026Merrill LynchRestricted Stock VestingForm 144
4 May 2026Todd WatanabeOfficer3,172$74,8934 May 20263,172 shares from 4 May 2026Merrill LynchRestricted Stock VestingForm 144
4 May 2026Masaru Matsudaofficer8,256$192,4164 May 20268,256 shares from 4 May 2026Merrill LynchRestricted Stock VestingForm 144
1 May 2026Howard WelgusDirector7,144$164,2201 May 20267,144 shares from 1 May 2026MerrillStock option exerciseForm 144
1 April 2026Howard WelgusDirector10,000$238,8011 April 202610,000 shares from 1 April 2026MerrillStock option exerciseForm 144
2 March 2026Latha Vairavanofficer2,853$71,8452 March 20262,853 shares from 2 March 2026Merrill LynchRestricted Stock VestingForm 144
2 March 2026Larry Todd EdwardsOfficer3,687$92,8462 March 20263,687 shares from 2 March 2026Merrill LynchRestricted Stock VestForm 144
2 March 2026Patrick BurnettOfficer6,287$158,3202 March 20266,287 shares from 2 March 2026Merrill LynchRestricted Stock VestingForm 144
2 March 2026Howard WelgusDirector10,000$256,5182 March 202610,000 shares from 2 March 2026MerrillStock option exerciseForm 144
2 March 2026Masaru Matsudaofficer12,058$313,8782 March 20268,733 shares from 2 March 2026Merrill LynchRestricted Stock VestingForm 144
2 March 2026Todd WatanabeOfficer37,349$940,5262 March 202637,349 shares from 2 March 2026Merrill LynchRestricted Stock VestingForm 144
2 March 2026Keith LeonardBoard of Director39,272$997,1952 March 202639,272 shares from 2 March 2026MerrillStock option exerciseForm 144
4 February 2026Patrick BurnettOfficer9,794$252,7484 February 20269,794 shares from 4 February 2026Merrill LynchRestricted Stock VestingForm 144
2 February 2026Latha VairavanOfficer1,320$33,6582 February 20261,320 shares from 2 February 2026Merrill LynchRestricted Stock VestingForm 144
2 February 2026Todd EdwardsOfficer2,052$52,3232 February 20262,052 shares from 2 February 2026MerrillRestricted shares vestForm 144
2 February 2026Patrick BurnettOfficer3,675$93,7072 February 20263,675 shares from 2 February 2026Merrill LynchRestricted Stock VestingForm 144
2 February 2026Howard WelgusDirector10,000$250,4832 February 202610,000 shares from 2 February 2026MerrillStock option exerciseForm 144
2 February 2026Todd Frank Watanabeofficer19,833$505,7102 February 202619,833 shares from 2 February 2026MerrillRestricted stock vestForm 144
2 February 2026Masaru Matsudaofficer40,638$1.0 million2 February 202643,963 shares from 2 February 2026Merrill LynchRestricted Stock VestingForm 144
5 January 2026Patrick BurnettOfficer2,490$72,1665 January 20262,490 shares from 5 January 2026Merrill LynchRestricted Stock VestingForm 144
2 January 2026Howard WelgusDirector10,000$289,6062 January 202610,000 shares from 2 January 2026MerrillStock option exerciseForm 144
31 December 2025Patrick BurnettOfficer1,697$49,56131 December 20251,697 shares from 31 December 2025Merrill LynchRestricted Stock VestingForm 144
15 December 2025Patrick BurnettOfficer11,500$332,85115 December 202511,500 shares from 15 December 2025Merrill LynchStock Option ExerciseForm 144
1 December 2025Masaru MatsudaOfficer1,657$50,0911 December 20251,657 shares from 1 December 2025Merrill LynchEmployee Stock Purchase PlanForm 144
1 December 2025Howard WelgusDirector10,000$302,1331 December 202510,000 shares from 1 December 2025MerrillStock option exerciseForm 144
24 November 2025Sue-Jean LinDirector25,272$777,95624 November 202525,272 shares from 24 November 2025MerrillStock option exerciseForm 144
24 November 2025Todd Franklin WatanabeOfficer48,945$1.5 million24 November 202548,945 shares from 24 November 2025Merrill LynchRestricted Stock VestingForm 144
21 November 2025Todd Franklin WatanabeOfficer1,055$31,65021 November 20251,055 shares from 21 November 2025Merrill LynchRestricted Stock VestingForm 144
20 November 2025Halley GilbertDirector16,532$455,44220 November 202516,532 shares from 20 November 2025MerrillRestricted stock vest; Stock option exerciseForm 144
19 November 2025Masaru MatsudaOfficer2,550$72,13319 November 20252,550 shares from 19 November 2025Merrill LynchRestricted Stock VestingForm 144
13 November 2025Neha KrishnamohanDirector40,504$939,27313 November 202540,504 shares from 13 November 2025MerrillRestricted stock vest; Stock option exerciseForm 144
6 November 2025Patrick BurnettOfficer17,250$417,1456 November 202521,114 shares from 5 November 2025Merrill LynchStock Option ExerciseForm 144
5 November 2025Patrick BurnettOfficer3,846$91,2165 November 2025No matching Form 4 saleMerrill LynchRestricted Stock VestingForm 144
3 November 2025Latha VairavanOfficer88$2,1753 November 202588 shares from 3 November 2025Merrill LynchRestricted Stock VestingForm 144
3 November 2025Patrick BurnettOfficer2,622$64,8063 November 20252,622 shares from 3 November 2025Merrill LynchRestricted Stock VestingForm 144
3 November 2025Masaru MatsudaOfficer7,208$178,1553 November 20257,208 shares from 3 November 2025Merrill LynchRestricted Stock VestingForm 144
3 November 2025Howard WelgusDirector10,000$252,6693 November 202510,000 shares from 3 November 2025MerrillStock option exerciseForm 144
3 November 2025Todd Franklin WatanabeOfficer11,547$285,3993 November 202511,547 shares from 3 November 2025Merrill LynchRestricted Stock VestingForm 144
28 October 2025Todd F watanabeofficer40,000$1.0 million28 October 202540,000 shares from 28 October 2025MerrillRestricted stock vestForm 144
A Form 144 is the notice an insider files with the SEC before selling restricted or control shares over the Rule 144 thresholds; it says what may be sold, not what was.
Read moreValue is the filer's own aggregate market value. Sold, per Form 4: the same seller's open-market sales on Form 4 from the notice's date to 90 days after, added up, as they appear on the insiders page; a holder who files no Form 4, such as some large holders, never shows one. What is a Form 144?