{"schema_version":"secwatch.filing_event.v1","accession":"0001787306-25-000096","form_type":"8-K","ticker":"ARQT","cik":"0001787306","company_name":"Arcutis Biotherapeutics, Inc.","filed_at":"2025-06-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.721711+00:00","generated_at":"2026-05-19T04:56:28.948607+00:00","sec_items":["5.07","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Arcutis sets director cash retainers at $50k-$35k, annual equity value at $300k; all proposals at annual meeting pass","bullets":["Cash retainers: $50k for non-employee directors; additional $35k for non-exec chair; committee chairs $20k (audit), $15k (comp), $10k (nominating).","Equity: initial option up to $300k value for new directors; annual award ~$300k split 65% option (up to $195k) and 35% RSU (up to $105k).","Plan amended effective June 11, 2025; board approved revisions to attract and retain qualified directors.","Shareholders reelected directors Chaudhuri, Lin, Welgus; ratified Ernst & Young as auditor; approved non-binding say-on-pay."],"urls":{"canonical":"https://secwatch.observer/filing/0001787306-25-000096","json":"https://secwatch.observer/filing/0001787306-25-000096.json","markdown":"https://secwatch.observer/filing/0001787306-25-000096.md","text":"https://secwatch.observer/filing/0001787306-25-000096.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1787306/000178730625000096/0001787306-25-000096-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1787306/000178730625000096/arqt-20250612.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T04:56:28.948607+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}