Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 4,728
- Price
- $26.93
- Value
- $127,325
SEC EDGAR · Forms 3/4/5Updated through Oct 30, 2026•84 filings
ARQT
Arcutis Biotherapeutics, Inc.
Net sales of $2.1M over the last 3 months
4 sellers account for the net balance. There is no cluster of three distinct buyers within 30 days. We found no CEO/CFO purchases over 12 months.
How to read this signal
Only open-market P purchases and S sales count toward the signal. Vesting, options, taxes and gifts remain in the source data but do not trigger alerts. Rule 10b5-1 trades are shown as informational.
3-month balance
−$2,086,302
0 buyers · 4 sellers
12-month purchases
$0.00
0 distinct insiders
12-month sales
$11,981,228
10 distinct insiders
Highlighted alerts
8
47 Rule 10b5-1 trades treated as informational
Buying cluster · 30 days
Fewer than three distinct buyers
CEO/CFO purchases · 12 months
No executive purchases found
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Form 4 raw → Raspberry
The value is in what we do not call a signal.
The SEC XML stores every transaction. Raspberry keeps that evidence, reads the footnotes and separates voluntary open-market activity from vesting, option exercises, gifts, tax withholding, stock purchase and dividend reinvestment plans and pre-programmed 10b5-1 trades.
100
Raw transactions
Everything returned by the filing
55
Voluntary view
P/S trades after deterministic checks
80
Administrative noise
Stored, never alerted
62
10b5-1
Shown as informational
SEC ownership XML facts
- Code
- S
- Shares
- 1,697
- Price
- $27.00
- Footnotes
- 1
The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units.
Raspberry interpretation
Informational — no alert
Reason: tax_withholding. The filing footnotes identify tax withholding.
Recent transactions
Voluntary purchases and sales; administrative noise stays hidden.
Matsuda Masaru
See Remarks
Sale 10b5-1
- Shares
- 3,674
- Price
- $25.00
- Value
- $91,853
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 4,730
- Price
- $24.18
- Value
- $114,371
Matsuda Masaru
See Remarks
Sale 10b5-1
- Shares
- 9,989
- Price
- $25.03
- Value
- $249,986
Curran Terrie
Director
SaleAlert
- Shares
- 27,052
- Price
- $25.03
- Value
- $677,095
Curran Terrie
Director
SaleAlert
- Shares
- 11,148
- Price
- $25.03
- Value
- $279,028
Curran Terrie
Director
SaleAlert
- Shares
- 1,072
- Price
- $26.04
- Value
- $27,912
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 4,730
- Price
- $26.18
- Value
- $123,835
Burnett Patrick
See Remarks
SaleAlert
- Shares
- 6,700
- Price
- $26.08
- Value
- $174,767
Burnett Patrick
See Remarks
SaleAlert
- Shares
- 8,300
- Price
- $26.52
- Value
- $220,129
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 4,730
- Price
- $26.91
- Value
- $127,284
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 635
- Price
- $25.67
- Value
- $16,300
LIN SUE-JEAN
Director
Sale 10b5-1
- Shares
- 4,946
- Price
- $24.38
- Value
- $120,587
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 4,096
- Price
- $24.41
- Value
- $99,980
Matsuda Masaru
See Remarks
Sale 10b5-1
- Shares
- 7,372
- Price
- $23.27
- Value
- $171,543
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 7,144
- Price
- $22.99
- Value
- $164,220
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 10,000
- Price
- $23.88
- Value
- $238,801
Leonard Keith R
Director
Sale 10b5-1
- Shares
- 39,272
- Price
- $25.39
- Value
- $997,195
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 10,000
- Price
- $25.65
- Value
- $256,518
Matsuda Masaru
See Remarks
Sale 10b5-1
- Shares
- 1,987
- Price
- $25.70
- Value
- $51,066
Matsuda Masaru
See Remarks
Sale 10b5-1
- Shares
- 3,325
- Price
- $27.95
- Value
- $92,934
Burnett Patrick
See Remarks
Sale 10b5-1
- Shares
- 9,794
- Price
- $25.81
- Value
- $252,748
Matsuda Masaru
See Remarks
Sale 10b5-1
- Shares
- 4,714
- Price
- $25.63
- Value
- $120,820
Matsuda Masaru
See Remarks
Sale 10b5-1
- Shares
- 19,379
- Price
- $25.24
- Value
- $489,126
Matsuda Masaru
See Remarks
Sale 10b5-1
- Shares
- 8,562
- Price
- $24.97
- Value
- $213,793
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 10,000
- Price
- $25.05
- Value
- $250,483
Burnett Patrick
See Remarks
Sale 10b5-1
- Shares
- 2,490
- Price
- $28.98
- Value
- $72,166
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 10,000
- Price
- $28.96
- Value
- $289,606
Burnett Patrick
See Remarks
Sale 10b5-1
- Shares
- 11,500
- Price
- $28.94
- Value
- $332,851
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 10,000
- Price
- $30.21
- Value
- $302,133
Matsuda Masaru
See Remarks
Sale 10b5-1
- Shares
- 1,657
- Price
- $30.23
- Value
- $50,091
LIN SUE-JEAN
Director
SaleAlert
- Shares
- 25,272
- Price
- $30.78
- Value
- $777,956
Watanabe Todd
See Remarks
Sale 10b5-1
- Shares
- 48,945
- Price
- $30.36
- Value
- $1,485,755
Watanabe Todd
See Remarks
Sale 10b5-1
- Shares
- 1,055
- Price
- $30.00
- Value
- $31,650
Gilbert Halley E
Director
SaleAlert
- Shares
- 16,532
- Price
- $27.55
- Value
- $455,442
Krishnamohan Neha
Director
Sale 10b5-1
- Shares
- 1,232
- Price
- $23.37
- Value
- $28,792
Krishnamohan Neha
Director
Sale 10b5-1
- Shares
- 39,272
- Price
- $23.19
- Value
- $910,702
Edwards Larry Todd
See Remarks
SaleAlert
- Shares
- 29,131
- Price
- $25.16
- Value
- $732,927
Burnett Patrick
See Remarks
Sale 10b5-1
- Shares
- 17,250
- Price
- $24.18
- Value
- $417,145
Burnett Patrick
See Remarks
Sale 10b5-1
- Shares
- 3,864
- Price
- $23.72
- Value
- $91,643
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 10,000
- Price
- $25.27
- Value
- $252,669
Watanabe Todd
See Remarks
Sale 10b5-1
- Shares
- 40,000
- Price
- $25.03
- Value
- $1,001,032
Watanabe Todd
See Remarks
Sale 10b5-1
- Shares
- 20,739
- Price
- $20.04
- Value
- $415,574
Watanabe Todd
See Remarks
Sale 10b5-1
- Shares
- 9,261
- Price
- $20.02
- Value
- $185,372
Watanabe Todd
See Remarks
Sale 10b5-1
- Shares
- 15,000
- Price
- $18.91
- Value
- $283,703
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 462
- Price
- $18.92
- Value
- $8,742
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 9,538
- Price
- $18.92
- Value
- $180,485
Watanabe Todd
See Remarks
Sale 10b5-1
- Shares
- 504
- Price
- $17.52
- Value
- $8,829
Watanabe Todd
See Remarks
Sale 10b5-1
- Shares
- 9,625
- Price
- $17.54
- Value
- $168,799
Matsuda Masaru
See Remarks
Sale 10b5-1
- Shares
- 36,130
- Price
- $16.16
- Value
- $583,716
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 10,000
- Price
- $15.64
- Value
- $156,383
Burnett Patrick
See Remarks
Sale 10b5-1
- Shares
- 2,438
- Price
- $15.57
- Value
- $37,969
Burnett Patrick
See Remarks
Sale 10b5-1
- Shares
- 3,847
- Price
- $14.03
- Value
- $53,988
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 3,890
- Price
- $14.30
- Value
- $55,620
Welgus Howard G.
Director
Sale 10b5-1
- Shares
- 6,110
- Price
- $14.30
- Value
- $87,362
| Date | Insider | Transaction | Shares | Price | Value | Reading |
|---|---|---|---|---|---|---|
| Oct 15, 2026 | Welgus Howard G. Director | Sale | 4,728 | $26.93 | $127,325 | |
| Sep 16, 2026 | Matsuda Masaru See Remarks | Sale | 3,674 | $25.00 | $91,853 | |
| Sep 15, 2026 | Welgus Howard G. Director | Sale | 4,730 | $24.18 | $114,371 | |
| Sep 08, 2026 | Matsuda Masaru See Remarks | Sale | 9,989 | $25.03 | $249,986 | |
| Aug 27, 2026 | Curran Terrie Director | Sale | 27,052 | $25.03 | $677,095 | |
| Aug 27, 2026 | Curran Terrie Director | Sale | 11,148 | $25.03 | $279,028 | |
| Aug 20, 2026 | Curran Terrie Director | Sale | 1,072 | $26.04 | $27,912 | |
| Aug 17, 2026 | Welgus Howard G. Director | Sale | 4,730 | $26.18 | $123,835 | |
| Aug 12, 2026 | Burnett Patrick See Remarks | Sale | 6,700 | $26.08 | $174,767 | |
| Aug 11, 2026 | Burnett Patrick See Remarks | Sale | 8,300 | $26.52 | $220,129 | |
| Jul 15, 2026 | Welgus Howard G. Director | Sale | 4,730 | $26.91 | $127,284 | |
| Jun 17, 2026 | Welgus Howard G. Director | Sale | 635 | $25.67 | $16,300 | |
| Jun 15, 2026 | LIN SUE-JEAN Director | Sale | 4,946 | $24.38 | $120,587 | |
| Jun 15, 2026 | Welgus Howard G. Director | Sale | 4,096 | $24.41 | $99,980 | |
| May 04, 2026 | Matsuda Masaru See Remarks | Sale | 7,372 | $23.27 | $171,543 | |
| May 01, 2026 | Welgus Howard G. Director | Sale | 7,144 | $22.99 | $164,220 | |
| Apr 01, 2026 | Welgus Howard G. Director | Sale | 10,000 | $23.88 | $238,801 | |
| Mar 02, 2026 | Leonard Keith R Director | Sale | 39,272 | $25.39 | $997,195 | |
| Mar 02, 2026 | Welgus Howard G. Director | Sale | 10,000 | $25.65 | $256,518 | |
| Mar 02, 2026 | Matsuda Masaru See Remarks | Sale | 1,987 | $25.70 | $51,066 | |
| Feb 27, 2026 | Matsuda Masaru See Remarks | Sale | 3,325 | $27.95 | $92,934 | |
| Feb 04, 2026 | Burnett Patrick See Remarks | Sale | 9,794 | $25.81 | $252,748 | |
| Feb 02, 2026 | Matsuda Masaru See Remarks | Sale | 4,714 | $25.63 | $120,820 | |
| Feb 02, 2026 | Matsuda Masaru See Remarks | Sale | 19,379 | $25.24 | $489,126 | |
| Feb 02, 2026 | Matsuda Masaru See Remarks | Sale | 8,562 | $24.97 | $213,793 | |
| Feb 02, 2026 | Welgus Howard G. Director | Sale | 10,000 | $25.05 | $250,483 | |
| Jan 05, 2026 | Burnett Patrick See Remarks | Sale | 2,490 | $28.98 | $72,166 | |
| Jan 02, 2026 | Welgus Howard G. Director | Sale | 10,000 | $28.96 | $289,606 | |
| Dec 15, 2025 | Burnett Patrick See Remarks | Sale | 11,500 | $28.94 | $332,851 | |
| Dec 01, 2025 | Welgus Howard G. Director | Sale | 10,000 | $30.21 | $302,133 | |
| Dec 01, 2025 | Matsuda Masaru See Remarks | Sale | 1,657 | $30.23 | $50,091 | |
| Nov 24, 2025 | LIN SUE-JEAN Director | Sale | 25,272 | $30.78 | $777,956 | |
| Nov 24, 2025 | Watanabe Todd See Remarks | Sale | 48,945 | $30.36 | $1,485,755 | |
| Nov 21, 2025 | Watanabe Todd See Remarks | Sale | 1,055 | $30.00 | $31,650 | |
| Nov 20, 2025 | Gilbert Halley E Director | Sale | 16,532 | $27.55 | $455,442 | |
| Nov 13, 2025 | Krishnamohan Neha Director | Sale | 1,232 | $23.37 | $28,792 | |
| Nov 13, 2025 | Krishnamohan Neha Director | Sale | 39,272 | $23.19 | $910,702 | |
| Nov 06, 2025 | Edwards Larry Todd See Remarks | Sale | 29,131 | $25.16 | $732,927 | |
| Nov 06, 2025 | Burnett Patrick See Remarks | Sale | 17,250 | $24.18 | $417,145 | |
| Nov 05, 2025 | Burnett Patrick See Remarks | Sale | 3,864 | $23.72 | $91,643 | |
| Nov 03, 2025 | Welgus Howard G. Director | Sale | 10,000 | $25.27 | $252,669 | |
| Oct 28, 2025 | Watanabe Todd See Remarks | Sale | 40,000 | $25.03 | $1,001,032 | |
| Oct 02, 2025 | Watanabe Todd See Remarks | Sale | 20,739 | $20.04 | $415,574 | |
| Oct 01, 2025 | Watanabe Todd See Remarks | Sale | 9,261 | $20.02 | $185,372 | |
| Oct 01, 2025 | Watanabe Todd See Remarks | Sale | 15,000 | $18.91 | $283,703 | |
| Oct 01, 2025 | Welgus Howard G. Director | Sale | 462 | $18.92 | $8,742 | |
| Oct 01, 2025 | Welgus Howard G. Director | Sale | 9,538 | $18.92 | $180,485 | |
| Sep 09, 2025 | Watanabe Todd See Remarks | Sale | 504 | $17.52 | $8,829 | |
| Sep 08, 2025 | Watanabe Todd See Remarks | Sale | 9,625 | $17.54 | $168,799 | |
| Sep 04, 2025 | Matsuda Masaru See Remarks | Sale | 36,130 | $16.16 | $583,716 | |
| Sep 02, 2025 | Welgus Howard G. Director | Sale | 10,000 | $15.64 | $156,383 | |
| Aug 21, 2025 | Burnett Patrick See Remarks | Sale | 2,438 | $15.57 | $37,969 | |
| Aug 08, 2025 | Burnett Patrick See Remarks | Sale | 3,847 | $14.03 | $53,988 | |
| Aug 01, 2025 | Welgus Howard G. Director | Sale | 3,890 | $14.30 | $55,620 | |
| Aug 01, 2025 | Welgus Howard G. Director | Sale | 6,110 | $14.30 | $87,362 |
“Alert” means a voluntary, unscheduled transaction according to the filing; it is not an investment recommendation. Official source: SEC EDGAR.