Trade Summary

5 days ago, Welgus Howard G., serving as Dir at Arcutis Biotherapeutics, Inc. (ARQT), sold 7,144 shares at $22.99 per share, for a total transaction value of $164,220.00. Following this transaction, Welgus Howard G. now holds 32,600 shares of ARQT.

This sale represents a 18.00% decrease in Welgus Howard G.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, May 1, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, May 5, 2026, 4 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.