Arcutis (ARQT) director Sue-Jean Lin executes planned share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arcutis Biotherapeutics director Sue-Jean Lin sold 4,946 shares of common stock in an open-market transaction at a weighted average price of $24.38 per share. After the sale, she directly holds 27,567 shares. The trade was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 4, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,946 shares ($120,587)
Net Sell
1 txn
Insider
LIN SUE-JEAN
Role
null
Sold
4,946 shs ($121K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,946 | $24.3807 | $121K |
Holdings After Transaction:
Common Stock — 27,567 shares (Direct, null)
Footnotes (1)
- The transaction reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted on December 4, 2025, by the Reporting Person, with a plan end date of February 19, 2027. The price reported in Column 4 is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $24.045 to $24.62, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
Key Figures
Shares sold: 4,946 shares
Weighted average sale price: $24.3807 per share
Post-transaction holdings: 27,567 shares
+3 more
6 metrics
Shares sold
4,946 shares
Open-market sale on June 15, 2026
Weighted average sale price
$24.3807 per share
Common stock sale
Post-transaction holdings
27,567 shares
Shares directly owned after sale
Sale price range
$24.045–$24.62 per share
Range of individual trade prices
10b5-1 plan adoption date
December 4, 2025
Rule 10b5-1 trading plan start
10b5-1 plan end date
February 19, 2027
Scheduled plan termination
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted on December 4, 2025"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported in Column 4 is a weighted average sale price"
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Arcutis Biotherapeutics (ARQT) disclose for Sue-Jean Lin?
Arcutis Biotherapeutics reported that director Sue-Jean Lin sold 4,946 shares of common stock in an open-market transaction. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted in December 2025, indicating it was scheduled in advance.
Was the Arcutis (ARQT) insider sale by Sue-Jean Lin part of a Rule 10b5-1 plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted on December 4, 2025, with an end date of February 19, 2027. Such plans schedule trades in advance to reduce concerns about trade timing.
What does the weighted average sale price mean in the Arcutis (ARQT) Form 4?
The weighted average sale price of $24.3807 means the 4,946 shares were sold in multiple trades between $24.045 and $24.62. The average reflects all those trades, and detailed breakdowns are available from the reporting person upon request.