VRCA - Verrica Pharmaceuticals Inc.

Insider Purchase by Manning Paul B (Dir, 10%)

3 Months
After Trade
Before Trade

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Trade Summary

2 months ago, Manning Paul B, serving as Dir, 10% owner at Verrica Pharmaceuticals Inc. (VRCA), purchased 4,126,142 shares at $4.24 per share, for a total transaction value of $17,505,157.00. Following this transaction, Manning Paul B now holds 7,932,218 shares of VRCA.

This purchase represents a 108.00% increase in Manning Paul B's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, November 25, 2025 and publicly disclosed via SEC Form 4 filing on Tuesday, November 25, 2025, meaning the disclosure happened on the same day as the trade.

Verrica Pharmaceuticals Inc. operates in the HEALTHCARE sector, specifically within the BIOTECHNOLOGY industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Manning Paul B

Dir, 10%

Paul B. Manning (age 69) is the Chairman of the Board of Verrica Pharmaceuticals Inc. (VRCA), serving as Chairman since December 2017 and as a director since December 2015.[[1]](https://fintool.com/app/research/companies/VRCA/people/paul-manning)[[2]](https://verrica.com/leadership_members/paul-b-manning/) He recently traded as a corporate insider (Dir, 10%) at VRCA, reflecting his significant ownership stake through affiliated entities holding approximately 49.99% of the company's shares as of April 1, 2025.[[1]](https://fintool.com/app/research/companies/VRCA/people/paul-manning) Manning founded PBM Capital, a healthcare-focused private equity investment firm, in 2010, where he serves as Chairman and CEO, overseeing investments in life sciences and pharmaceuticals.[[1]](https://fintool.com/app/research/companies/VRCA/people/paul-manning)[[2]](https://verrica.com/leadership_members/paul-b-manning/)[[3]](https://www.pbmcap.com/paul-b-manning) Previously, he founded PBM Products in 1997, building it into the world's largest private-label producer of infant formula and baby food before selling it to Perrigo Corporation in 2010, after which he joined Perrigo's board.[[1]](https://fintool.com/app/research/companies/VRCA/people/paul-manning)[[2]](https://verrica.com/leadership_members/paul-b-manning/)[[3]](https://www.pbmcap.com/paul-b-manning) Manning holds a B.S. in Microbiology from the University of Massachusetts and brings over 30 years of experience in healthcare entrepreneurship and investing.[[1]](https://fintool.com/app/research/companies/VRCA/people/paul-manning)[[2]](https://verrica.com/leadership_members/paul-b-manning/)[[3]](https://www.pbmcap.com/paul-b-manning) His career highlights include board service at companies such as Candel Therapeutics, Liquidia Corporation, Dova Pharmaceuticals, AveXis (acquired by Novartis), Concordia Healthcare, and Taysha Gene Therapies.[[1]](https://fintool.com/app/research/companies/VRCA/people/paul-manning)[[2]](https://verrica.com/leadership_members/paul-b-manning/) He was named Virginia Entrepreneur of the Year by Ernst & Young in 2002 and serves on University of Virginia boards, including the Board of Visitors (appointed 2023).[[3]](https://www.pbmcap.com/paul-b-manning)[[4]](https://bov.virginia.edu/people/paul-b-manning)

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Trade Price

$4.24

Quantity

4,126,142

Total Value

$17,505,157.00

Shares Owned

7,932,218

Trade Date

Tuesday, November 25, 2025

89 days ago

SEC Filing Date

Tuesday, November 25, 2025

HEALTHCAREBIOTECHNOLOGY

About Verrica Pharmaceuticals Inc.

Company Overview

No company information available
View news mentioning VRCA

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