Form 4: Arcutis Director Gifts Shares to Charitable Trust

Arcutis Biotherapeutics Director Keith R. Leonard reported gifting 4,312 shares of common stock to a Charitable Remainder Unitrust.

Summary

• Keith R. Leonard, a Director of Arcutis Biotherapeutics, Inc., reported a transaction involving the company's common stock.
• On November 13, 2025, Leonard gifted 4,312 shares of common stock to a Charitable Remainder Unitrust.
• The transaction price for the gifted shares was $0.
• Following this transaction, Leonard directly beneficially owns 22,123 shares of common stock.
• Additionally, 1,750 shares are indirectly beneficially owned through the Leonard Family Trust dated August 28, 1996, for which Leonard is a trustee.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving a gift of shares by a director to a charitable trust, which is a personal financial planning event and does not inherently reflect positively or negatively on the company's operational performance or future prospects.

Future Outlook

NA

Industry Context

NA

Key Dates

Recommendation

The filing details a director's personal gift of shares to a charitable trust, which is a routine insider transaction and does not provide new information regarding the company's financial performance, strategic direction, or operational health. Therefore, it does not warrant a change in investment recommendation based solely on this report.

Keywords

Arcutis Biotherapeutics, ARQT, Form 4, insider transaction, stock gift, director, beneficial ownership