ARQT - Arcutis Biotherapeutics, Inc.

Insider Sale by Burnett Patrick (See Remarks)

1 Month
After Trade
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Trade Summary

3 days ago, Burnett Patrick, serving as See Remarks at Arcutis Biotherapeutics, Inc. (ARQT), sold 6,287 shares at $25.18 per share, for a total transaction value of $158,320.00. Following this transaction, Burnett Patrick now holds 121,150 shares of ARQT.

This sale represents a 5.00% decrease in Burnett Patrick's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, March 2, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 3, 2026, 1 day after the trade was made.

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

Burnett Patrick

Burnett Patrick

See Remarks

Patrick E. Burnett is an accomplished medical executive serving as Chief Medical Officer (CMO) and Executive Vice President at Arcutis Biotherapeutics, Inc. (NASDAQ: ARQT), a biopharmaceutical company focused on dermatology treatments.[[2]](https://www.insidertrades.com/arcutis-biotherapeutics-inc-stock/patrick-burnett/)[[4]](https://ca.marketscreener.com/insider/PATRICK-BURNETT-A2GS6L/)[[5]](https://www.investing.com/news/insider-trading-news/arcutis-bio-evp-burnett-sells-432k-in-arqt-stock-after-option-exercise-93CH-4134318) He joined Arcutis in August 2020 and has been instrumental in the company's clinical development efforts, including recent FDA approvals for products like ZORYVE foam for plaque psoriasis.[[5]](https://www.investing.com/news/insider-trading-news/arcutis-bio-evp-burnett-sells-432k-in-arqt-stock-after-option-exercise-93CH-4134318) As of late 2025, Dr. Burnett, aged 52, owns approximately 98,325 shares of ARQT stock valued at over $2.9 million, with an annual salary of $722,940.[[2]](https://www.insidertrades.com/arcutis-biotherapeutics-inc-stock/patrick-burnett/) He has engaged in recent insider trading, including selling 17,250 shares on November 6, 2025, for $417,105, and earlier transactions under a 10b5-1 plan totaling around $432,700 in July 2025.[[2]](https://www.insidertrades.com/arcutis-biotherapeutics-inc-stock/patrick-burnett/)[[5]](https://www.investing.com/news/insider-trading-news/arcutis-bio-evp-burnett-sells-432k-in-arqt-stock-after-option-exercise-93CH-4134318)[[7]](https://www.gurufocus.com/insider/126039/patrick-burnett) Prior to Arcutis, Dr. Burnett served as Chief Medical Officer at Verrica Pharmaceuticals, bringing extensive expertise in pharmaceutical development.[[2]](https://www.insidertrades.com/arcutis-biotherapeutics-inc-stock/patrick-burnett/)[[3]](https://www.tipranks.com/experts/insiders/patrick-burnett) His career highlights include leadership in clinical programs for dermatological and other therapies, positioning him among key executives at ARcutis, where he reports to CEO Todd Watanabe.[[2]](https://www.insidertrades.com/arcutis-biotherapeutics-inc-stock/patrick-burnett/) Detailed education and early career information are not specified in available sources.

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Trade Price

$25.18

Quantity

6,287

Total Value

$158,320.00

Shares Owned

121,150

Trade Date

Monday, March 2, 2026

3 days ago

SEC Filing Date

Tuesday, March 3, 2026

Filed 1 day after trade

HEALTHCAREBIOTECHNOLOGY

About Arcutis Biotherapeutics, Inc.

Company Overview

No company information available
View news mentioning ARQT

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