Arcutis President and CEO Todd Watanabe Sells 4,375 Shares for $114,275 as Q2 Results Demonstrate Profitability

Arcutis Biotherapeutics CEO Todd Watanabe sold 4,375 shares for $114,275 on August 3, 2026, to cover tax withholding obligations on vesting restricted stock units. The sale is non-discretionary and does not signal a change in management sentiment. Meanwhile, Arcutis reported strong Q2 2026 results with its flagship product Zoryve generating $129.9 million in revenue (59% growth) and the company achieving profitability with $15 million net income. The company raised full-year guidance to $525-540 million and received FDA approval to expand Zoryve's indication to treat plaque psoriasis in children as young as age 2.