ARCUTIS BIOTHERAPEUTICS INC

Ticker: ARQT CUSIP: 03969K108 Class: Common Stock

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM's Holding History (CIK: 0001081019)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 102,439 Value ($000) $2,975 Avg Close $25.60 Range $18.79 - $31.77

Q3 2025

Shares 104,340 Value ($000) $1,967 Avg Close $15.77 Range $13.06 - $19.36

Q2 2025

Shares 97,682 Value ($000) $1,370 Avg Close $14.02 Range $11.86 - $17.43

Q1 2025

Shares 97,682 Value ($000) $1,528 Avg Close $14.09 Range $11.13 - $17.75

Q4 2024

Shares 98,544 Value ($000) $1,373 Avg Close $10.96 Range $8.03 - $15.79

Q3 2024

Shares 98,654 Value ($000) $917 Avg Close $9.87 Range $7.86 - $11.33

Q2 2024

Shares 101,302 Value ($000) $942 Avg Close $9.04 Range $6.99 - $13.17

Q1 2024

Shares 7,956 Value ($000) $79 Avg Close $7.46 Range $3.07 - $12.35

Q4 2023

Shares 13,017 Value ($000) $42 Avg Close $2.72 Range $1.76 - $5.26

Q3 2023

Shares 52,042 Value ($000) $276 Avg Close $8.50 Range $5.19 - $11.39

Q2 2023

Shares 54,715 Value ($000) $521 Avg Close $11.10 Range $7.25 - $15.40

Q1 2023

Shares 52,898 Value ($000) $582 Avg Close $14.47 Range $10.05 - $17.57

Q4 2022

Shares 53,168 Value ($000) $787 Avg Close $17.47 Range $13.37 - $20.64

Q3 2022

Shares 51,625 Value ($000) $987 Avg Close $22.66 Range $17.01 - $27.40

Q2 2022

Shares 40,693 Value ($000) $867 Avg Close $20.51 Range $16.07 - $22.97

Q1 2022

Shares 33,524 Value ($000) $646 Avg Close $16.92 Range $13.59 - $23.00

Q4 2021

Shares 36,263 Value ($000) $752 Avg Close $19.90 Range $14.16 - $25.73

Q3 2021

Shares 35,513 Value ($000) $848 Avg Close $22.81 Range $18.51 - $27.45

Q2 2021

Shares 38,143 Value ($000) $1,041 Avg Close $28.17 Range $23.77 - $36.45

Q1 2021

Shares 34,863 Value ($000) $1,009 Avg Close $31.23 Range $24.25 - $38.49

Q4 2020

Shares 31,322 Value ($000) $881 Avg Close $24.49 Range $17.51 - $32.21

Q3 2020

Shares 27,357 Value ($000) $802 Avg Close $26.72 Range $22.95 - $33.21

Q2 2020

Shares 14,291 Value ($000) $432 Avg Close $28.90 Range $23.22 - $39.85

Q1 2020

Shares 15,811 Value ($000) $471 Avg Close $26.87 Range $17.10 - $40.88

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	102,439	$2,975	$25.60	$18.79 - $31.77
Q3 2025	104,340	$1,967	$15.77	$13.06 - $19.36
Q2 2025	97,682	$1,370	$14.02	$11.86 - $17.43
Q1 2025	97,682	$1,528	$14.09	$11.13 - $17.75
Q4 2024	98,544	$1,373	$10.96	$8.03 - $15.79
Q3 2024	98,654	$917	$9.87	$7.86 - $11.33
Q2 2024	101,302	$942	$9.04	$6.99 - $13.17
Q1 2024	7,956	$79	$7.46	$3.07 - $12.35
Q4 2023	13,017	$42	$2.72	$1.76 - $5.26
Q3 2023	52,042	$276	$8.50	$5.19 - $11.39
Q2 2023	54,715	$521	$11.10	$7.25 - $15.40
Q1 2023	52,898	$582	$14.47	$10.05 - $17.57
Q4 2022	53,168	$787	$17.47	$13.37 - $20.64
Q3 2022	51,625	$987	$22.66	$17.01 - $27.40
Q2 2022	40,693	$867	$20.51	$16.07 - $22.97
Q1 2022	33,524	$646	$16.92	$13.59 - $23.00
Q4 2021	36,263	$752	$19.90	$14.16 - $25.73
Q3 2021	35,513	$848	$22.81	$18.51 - $27.45
Q2 2021	38,143	$1,041	$28.17	$23.77 - $36.45
Q1 2021	34,863	$1,009	$31.23	$24.25 - $38.49
Q4 2020	31,322	$881	$24.49	$17.51 - $32.21
Q3 2020	27,357	$802	$26.72	$22.95 - $33.21
Q2 2020	14,291	$432	$28.90	$23.22 - $39.85
Q1 2020	15,811	$471	$26.87	$17.10 - $40.88