LEONARD KEITH R sold 64.0% of their position (39.27K shares) of ARCUTIS BIOTHERAPEUTICS, INC. on the open market
Open‑market sale worth $997.2K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 3/4/2026ACC: 0001628280-26-014642
Director
Since Sep 2021
-39.27K
Net shares
Net seller
$997.2K
Total sold
1
Open market trades
0B · 1S
5
Total transactions
39.27K acquired · 78.54K disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+27.05K
Price / share
$8.63
Trade value
$233.46K
% of position
122.3%
3/2/2026
22.12K→49.17K
Common Stock
Direct
Shares
+12.22K
Price / share
$7.51
Trade value
$91.77K
% of position
24.9%
3/2/2026
49.17K→61.40K
Common Stock
Direct
Shares
−39.27K
Price / share
$25.39
Trade value
$997.19K
% of position
64.0%
3/2/2026
61.40K→22.12K
Total
Net shares
+0.00
Net value
-$671.96K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/2/2026 | M · Option Exercise | +27.05K | $8.63 | $233.46K | 122.3% | 22.12K | 49.17K |
| Common Stock Direct | 3/2/2026 | M · Option Exercise | +12.22K | $7.51 | $91.77K | 24.9% | 49.17K | 61.40K |
| Common Stock Direct | 3/2/2026 | S · Sale | −39.27K | $25.39 | $997.19K | 64.0% | 61.40K | 22.12K |
| Total | +0.00 | -$671.96K | ||||||
Derivative Transactions2
Stock Option (right to buy)
Direct
Converts to
Common Stock
27.05K shares
Shares
−27.05K
Strike price
8.63
Held after
0.00
Exercisable
—
3/2/2026
Stock Option (right to buy)
Direct
Converts to
Common Stock
12.22K shares
Shares
−12.22K
Strike price
7.51
Held after
0.00
Exercisable
—
3/2/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) Direct | Common Stock27.05K shares | 3/2/2026 | M · Option Exercise | −27.05K | 8.63 | — | 0.00 |
| Stock Option (right to buy) Direct | Common Stock12.22K shares | 3/2/2026 | M · Option Exercise | −12.22K | 7.51 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned1.75K
Total
1.75K indirect1.75K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 1.75K | Indirect |
| Total | 1.75K | 1.75K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported