Arcutis Biotherapeutics, Inc.

Arcutis Biotherapeutics, Inc. insiders are currently net buyers of ARQT stock, showing neutral sentiment over the past 90 days. Executives have purchased $71.2M while selling $49.3M, resulting in a positive net flow of $21.9M. This buying activity represents 59% of total transaction volume.

Arcutis Biotherapeutics, Inc. has 30 active insiders who have filed SEC Form 4 transactions in the past 90 days. Capital Llc Orbimed (Executive) leads with 11 transactions totaling $27.7M. Jonathan Silverstein (Executive) follows with 7 transactions worth $21.9M. Open-market purchases require insiders to invest their own capital, demonstrating genuine conviction.

The Insider Alignment Score measures the ratio of buying to selling activity on a 0-100 scale. Arcutis Biotherapeutics, Inc.'s current score of 59/100 indicates neutral insider sentiment. Scores between 40-60 represent neutral or mixed activity. With $71.2M in purchases and $49.3M in sales, no strong directional conviction is evident.

The most recent insider transaction occurred on Apr 1, 2026, when G. Welgus Howard (Executive) disposed of 10,000 shares at $23.88 per share for $238.8K. This appears to be a discretionary trade.

Based on SEC Form 4 filings from the past 90 days, ARQT insider trading sentiment is currently neutral with an Alignment Score of 59/100. The balanced activity—$71.2M bought vs $49.3M sold—suggests no strong consensus among insiders.

SEC Form 4 is the primary disclosure mechanism for insider trading at publicly traded companies like Arcutis Biotherapeutics, Inc.. Corporate insiders must file within two business days of any transaction, making it one of the most timely sources of executive sentiment. At ARQT, we track all Form 4 filings—currently showing 562 transactions from 30 insiders over 90 days.

A 10b5-1 plan allows Arcutis Biotherapeutics, Inc. executives to pre-schedule stock sales when they don't possess material non-public information. At ARQT, approximately 0% of recent transactions are 10b5-1 trades. Most trading activity at ARQT appears discretionary, making insider signals more meaningful.

You can monitor Arcutis Biotherapeutics, Inc. (ARQT) insider trading activity on this page, which updates within hours of new SEC Form 4 filings. We track all 30 active insiders and provide real-time transaction feeds, the Alignment Score, 10b5-1 vs. discretionary breakdowns, and direct links to SEC EDGAR filings.

Our Alignment Score measures the ratio of insider buying to selling on a scale of 0-100. A score above 70 indicates strong bullish sentiment, while below 30 suggests bearish activity. Arcutis Biotherapeutics, Inc.'s current score of 59/100 indicates neutral sentiment with balanced buying and selling activity. This is calculated from $71.2M in purchases versus $49.3M in sales over 90 days, resulting in a net flow of $21.9M.

SEC Form 4 filings are mandatory reports that Arcutis Biotherapeutics, Inc. insiders must submit within 2 business days. Each filing includes the insider's name, relationship, transaction type, shares, and price. Transaction codes: P (purchase), S (sale), A (award), M (option exercise), G (gift). At ARQT, the most common type is "S" with 40 occurrences. The most recent Form 4 was filed on Apr 1, 2026 by G. Welgus Howard.

Rule 10b5-1 allows corporate insiders to establish pre-scheduled trading plans when they don't possess material non-public information. At Arcutis Biotherapeutics, Inc., approximately 0% of recent transactions are executed under 10b5-1 plans, while 100% appear to be discretionary trades. The low percentage means most insider activity at ARQT represents discretionary decisions with more informational value.