ARQT's three largest insider shareholders as of September 29, 2026 are Patrick J Heron (Director, 8.79Mn shares), Life Sciences Viii, L.P. Frazier (TenPercentOwner, 8.76Mn shares), Bhaskar Chaudhuri (Director, 867.83K shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Life Sciences Viii, L.P. Frazier | TenPercentOwner | 8,764,232 | 0 | 8,764,232 | 71.4% | 26 Oct, 2023 |
| 2 | Bhaskar Chaudhuri | Director | 867,826 | 0 | 867,826 | 7.1% | 16 Jun, 2025 |
| 3 | Todd Watanabe | President And Ceo | 717,203 | 0 | 717,203 | 5.8% | 05 Aug, 2026 |
| 4 | Advisors Llc Orbimed | TenPercentOwner | 0 | 415,142 | 415,142 | 3.4% | 28 Jun, 2022 |
| 5 | David W Osborne | Chief Technical Officer | 268,854 | 0 | 268,854 | 2.2% | 08 Mar, 2023 |
| 6 | David Joseph Topper | Chief Financial Officer | 182,774 | 0 | 182,774 | 1.5% | 03 Apr, 2025 |
| 7 | Larry Todd Edwards | Svp Chief Commercial Officer | 175,178 | 0 | 175,178 | 1.4% | 03 Mar, 2026 |
| 8 | Matthew Richard Moore | Svp And Chief Business Officer | 145,505 | 0 | 145,505 | 1.2% | 03 May, 2024 |
| 9 | Patrick Burnett | Officer | 117,592 | 0 | 117,592 | 1.0% | 21 Aug, 2026 |
| 10 | Masaru Matsuda | See Remark | 112,508 | 0 | 112,508 | 0.9% | 18 Sep, 2026 |
| 11 | Latha Vairavan | Svp Chief Financial Officer | 85,978 | 0 | 85,978 | 0.7% | 13 May, 2026 |
| 12 | Kenneth A. Lock | Chief Commercial Officer | 63,429 | 0 | 63,429 | 0.5% | 08 Mar, 2023 |
| 13 | Patricia A. Turney | Svp, Operations | 62,862 | 0 | 62,862 | 0.5% | 08 Mar, 2023 |
| 14 | Scott L Burrows | Chief Financial Officer | 59,115 | 0 | 59,115 | 0.5% | 08 Mar, 2023 |
| 15 | Howard G. Welgus | Chief Medical Officer | 35,841 | 0 | 35,841 | 0.3% | 17 Sep, 2026 |
| 16 | Patrick J Heron | Director | 32,213 | 0 | 32,213 | 0.3% | 09 Jun, 2026 |
| 17 | Halley E Gilbert | Director | 27,901 | 0 | 27,901 | 0.2% | 09 Jun, 2026 |
| 18 | Keith R Leonard | Director | 27,901 | 0 | 27,901 | 0.2% | 09 Jun, 2026 |
| 19 | Neha Krishnamohan | Director | 27,901 | 0 | 27,901 | 0.2% | 09 Jun, 2026 |
| 20 | Sue-Jean Lin | Director | 27,567 | 0 | 27,567 | 0.2% | 17 Jun, 2026 |
| 21 | Terrie Curran | Director | 23,526 | 0 | 23,526 | 0.2% | 28 Aug, 2026 |
| 22 | John W Smither | Chief Financial Officer | 11,365 | 0 | 11,365 | 0.1% | 15 Feb, 2024 |
| 23 | Amit Munshi | Director | 9,799 | 0 | 9,799 | 0.1% | 09 Jun, 2026 |
| 24 | Christopher Peetz | Director | 4,315 | 0 | 4,315 | 0.0% | 17 Jul, 2026 |
| 25 | Joseph L Turner | Director | 4,312 | 0 | 4,312 | 0.0% | 03 Jun, 2022 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 16 Sep, 2026 | Masaru Matsuda | Officer | Disposed S | 3,674 | $25.00 | $91.85K | 112,508 | Direct |
| 15 Sep, 2026 | Howard G. Welgus | Director | Acquired M | 822 | $6.52 | $5.36K | 37,297 | Direct |
| 15 Sep, 2026 | Howard G. Welgus | Director | Acquired M | 1,019 | $7.51 | $7.65K | 38,316 | Direct |
| 15 Sep, 2026 | Howard G. Welgus | Director | Acquired M | 2,255 | $8.63 | $19.46K | 40,571 | Direct |
| 15 Sep, 2026 | Howard G. Welgus | Director | Disposed S | 4,730 | $24.18 | $114.37K | 35,841 | Direct |
| 15 Sep, 2026 | Howard G. Welgus | Director | Disposed M | 822 | $0.00 | $0 | 6,574 | Direct |
| 15 Sep, 2026 | Howard G. Welgus | Director | Disposed M | 1,019 | $0.00 | $0 | 8,144 | Direct |
| 15 Sep, 2026 | Howard G. Welgus | Director | Disposed M | 2,255 | $0.00 | $0 | 18,032 | Direct |
| 08 Sep, 2026 | Masaru Matsuda | Officer | Disposed S | 9,989 | $25.03 | $249.99K | 116,182 | Direct |
| 27 Aug, 2026 | Terrie Curran | Director | Acquired M | 11,148 | $7.51 | $83.72K | 34,674 | Direct |
| 27 Aug, 2026 | Terrie Curran | Director | Disposed S | 11,148 | $25.03 | $279.03K | 23,526 | Direct |
| 27 Aug, 2026 | Terrie Curran | Director | Acquired M | 27,052 | $8.63 | $233.46K | 50,578 | Direct |
| 27 Aug, 2026 | Terrie Curran | Director | Disposed S | 27,052 | $25.03 | $677.10K | 23,526 | Direct |
| 27 Aug, 2026 | Terrie Curran | Director | Disposed M | 11,148 | $0.00 | $0 | 0 | Direct |
| 27 Aug, 2026 | Terrie Curran | Director | Disposed M | 27,052 | $0.00 | $0 | 0 | Direct |
| 20 Aug, 2026 | Terrie Curran | Director | Acquired M | 1,072 | $7.51 | $8.05K | 24,598 | Direct |
| 20 Aug, 2026 | Terrie Curran | Director | Disposed S | 1,072 | $26.04 | $27.91K | 23,526 | Direct |
| 20 Aug, 2026 | Terrie Curran | Director | Disposed M | 1,072 | $0.00 | $0 | 11,148 | Direct |
| 19 Aug, 2026 | Patrick Burnett | Officer | Disposed S | 1,697 | $27.00 | $45.82K | 117,592 | Direct |
| 17 Aug, 2026 | Howard G. Welgus | Director | Acquired M | 822 | $6.52 | $5.36K | 37,931 | Direct |