This cluster is too small to warrant a trading response. Monitor for any larger insider sales or C-suite participation in future filings. The 60% win rate on prior ARQT reports suggests the stock has been trending positively, but this filing provides no new information.
Price Chart
Executive Summary
Three Arcutis insiders (Watanabe, Matsuda, Burnett) sold a total of $171K in open-market sales on August 3, 2026, at ~$26.12/share. The dollar value is trivial relative to the $3.3B market cap (~0.005%), and the cluster is small with no C-suite participation. This is routine liquidity-driven selling, not a bearish signal.
Key Financial Metrics
Key Facts
- Three insiders sold a total of 6,560 shares for $171K on August 3, 2026
- Sales were all open-market (code S) at ~$26.12/share
- Total value is ~0.005% of Arcutis's $3.3B market cap — immaterial
- No C-suite executives (CEO, CFO, COO) participated; all filers are 'See Remarks'
- Cluster is small and isolated; no pattern suggesting 10b5-1 or vesting-driven sales
Financial Impact
Total insider sales of $171K represent ~0.005% of $3.3B market cap — economically trivial
Risk Factors
- Insider sales could accelerate if stock continues to rise, but current level is routine
- No indication of negative corporate events from this cluster
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ARQT-1785981669787 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 24, 2026 5w ago | Insider Cluster | $24.86 $26.38 | ▲ +6.11% | ▲ +5.87% | $25.16 (+1.21%) |
Aug 21, 2026 6w ago | Insider Cluster | $25.08 $25.96 | ▲ +3.51% | ▲ +4.04% | $25.16 (+0.32%) |
Aug 19, 2026 6w ago | Insider Cluster | $25.35 $25.38 | ▲ +0.12% | ▲ +0.12% | $25.16 (−0.75%) |
Aug 11, 2026 7w ago | 144 | $26.28 $23.38 | ▼ −11.04% | ▼ −9.14% | $25.16 (−4.26%) |
Aug 6, 2026 8w ago | Insider Cluster | $26.43 $23.66 | ▼ −10.48% | ▼ −11.08% | $25.16 (−4.81%) |
Aug 5, 2026 8w ago | Press Release | $26.43 $23.66 | ▼ −10.48% | ▼ −11.08% | $25.16 (−4.81%) |
Aug 3, 2026 8w ago | 144 | $26.03 $23.75 | ▼ −8.76% | ▼ −7.52% | $25.16 (−3.34%) |
Jun 29, 2026 13w ago | Press Release | $26.22 $27.84 | ▲ +6.18% | ▲ +7.21% | $25.16 (−4.04%) |
Jun 18, 2026 15w ago | Insider Cluster | $26.21 $27.74 | ▲ +5.84% | ▲ +5.30% | $25.16 (−4.01%) |
Jun 9, 2026 16w ago | 8-K | $23.23 $28.78 | ▲ +23.89% | ▲ +20.27% | $25.16 (+8.31%) |
US Market Status
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