Burnett Patrick bought ARQT
August 12, 2026 · Form 4 insider transaction
Burnett Patrick bought 6,700 shares of Arcutis Biotherapeutics, Inc. at $3.64 per share, a transaction worth $24.4K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Acquired (buy-side)
Shares
6,700
Price
$3.64
Total value
$24.4K
InsiderBurnett Patrick
Role—
SecurityCommon Stock
Transaction codeM: Option exercise
Transaction dateAugust 12, 2026
Filing dateAugust 13, 2026
Shares owned after125,989
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
On January 12, 2024, the Reporting Person was granted options, in which 1/48th of the shares subject to the option vest on each monthly anniversary measured from January 12, 2024 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service to the Issuer.