Trade Summary

3 days ago, Leonard Keith R, serving as Dir at Arcutis Biotherapeutics, Inc. (ARQT), sold 39,272 shares at $25.39 per share, for a total transaction value of $997,195.00. Following this transaction, Leonard Keith R now holds 23,873 shares of ARQT.

This sale represents a 62.00% decrease in Leonard Keith R'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 Wednesday, March 4, 2026, 2 days 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.