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Matsuda Masaru's Form 4 filing

Arcutis Biotherapeutics, Inc. (ARQT) · filed Nov 21, 2023

Accession no.
0001787306-23-000126
Filed
Nov 21, 2023
Trade date
Nov 18-21, 2023
Filing delay
3 days
Rule 10b5-1 plan
Not checked

This filing lists 2 non-derivative transactions. Open-market sales total $3.66K. It was filed 3 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Matsuda MasaruCIK 0001798679Officer (See Remark)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 18, 2023Common StockAGrant or awardAcquired+4,875$0.00$048,484Direct
Nov 21, 2023Common StockSSaleDisposed−1,850$1.98F3−$3,66346,634Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F3

The transaction was executed in multiple trade in prices ranging from $1.965 to $1.98, inclusive. The price reported in Column 4 reflects the weighted average sale price. 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.

Referenced by the price of 1 transaction in Table I.

Remarks

Reporting Person's title: Senior Vice President and General Counsel

Read the full filing on SEC EDGAR (opens in a new tab)