{"schema_version":"secwatch.filing_event.v1","accession":"0001787306-25-000147","form_type":"8-K","ticker":"ARQT","cik":"0001787306","company_name":"Arcutis Biotherapeutics, Inc.","filed_at":"2025-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.461228+00:00","generated_at":"2026-05-16T14:01:54.192233+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Arcutis appoints Amit Munshi to Board; founder Chaudhuri retires, retains consulting role","bullets":["Bhaskar Chaudhuri retired from Board and Compensation Committee chair on Dec 3, 2025; no disagreement.","Chaudhuri entered consulting agreement through June 30, 2027 with hourly rate; options continue to vest.","Amit Munshi appointed Class II director and Compensation Committee chair effective Dec 4, 2025.","Munshi received initial option for 16,502 shares; eligible for prorated annual equity of ~$300,000 and cash retainers of $50,000 (Board) + $15,000 (chair).","Munshi previously served as CEO of Arena Pharmaceuticals (acquired by Pfizer for $6.7B) and Orna Therapeutics."],"urls":{"canonical":"https://secwatch.observer/filing/0001787306-25-000147","json":"https://secwatch.observer/filing/0001787306-25-000147.json","markdown":"https://secwatch.observer/filing/0001787306-25-000147.md","text":"https://secwatch.observer/filing/0001787306-25-000147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1787306/000178730625000147/0001787306-25-000147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1787306/000178730625000147/arqt-20251203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T14:01:54.192233+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"}