Vault-13

VERRICA PHARMACEUTICALS INC VRCA

COM SHS · Common Stock · CUSIP 92511W207

43 institutional holders +4 vs Q1 2026
4,662,6374.7m shares reported held*
27.1% of all shares outstanding*
$28.5mreported value*
8 new 7 added 11 reduced 5 sold out net sold ≈ $706.5k (-115.4k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 17.2m as of 2026-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $6.12.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q2 25: 5Q3 25: 33Q4 25: 50Q1 26: 39Q2 26: 4343Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q2 20255
Q3 202533
Q4 202550
Q1 202639
Q2 202643

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 25: 33 bought or addedQ3 25: 5 cut or sold outQ3 25Q4 25: 26 bought or addedQ4 25: 15 cut or sold outQ4 25Q1 26: 13 bought or addedQ1 26: 23 cut or sold outQ1 26Q2 26: 15 bought or addedQ2 26: 16 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2025335
Q4 20252615
Q1 20261323
Q2 20261516

Biggest buyers

Mariner, LLC Added +182,686+182.7k
CANNELL CAPITAL LLC Added +98,800+98.8k
VANGUARD CAPITAL MANAGEMENT LLC Added +90,552+90.6k
BlackRock, Inc. Added +35,791+35.8k
FIFTH THIRD BANCORP New +14,000+14.0k
DIMENSIONAL FUND ADVISORS LP New +13,888+13.9k
XTX Topco Ltd New +13,723+13.7k
TWO SIGMA SECURITIES, LLC New +13,045+13.0k
HRT FINANCIAL LP New +13,023+13.0k
Verdad Advisers, LP Added +10,971+11.0k

Biggest sellers

MARSHALL WACE, LLP Sold out -140,497-140.5k
DAFNA Capital Management LLC Reduced -129,962-130.0k
Stonepine Capital Management, LLC Sold out -99,735-99.7k
ARMISTICE CAPITAL, LLC Reduced -91,877-91.9k
Squarepoint Ops LLC Sold out -75,208-75.2k
JANE STREET GROUP, LLC Reduced -25,557-25.6k
MORGAN STANLEY Reduced -19,185-19.2k
RENAISSANCE TECHNOLOGIES LLC Reduced -10,591-10.6k
TWO SIGMA INVESTMENTS, LP Reduced -9,837-9.8k
NORTHERN TRUST CORP Reduced -4,584-4.6k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Manning Paul B 13D · may seek influence filed 2025-11-28 49.9% 8.1m≈ $49.3m 2025-11-28
Caligan Partners LP 13D · may seek influence no change · filed 2025-12-30
Stated purposeOn December 26, 2025, pursuant to the Purchase Agreement, the Issuer appointed Dr. Charles Frantzreb, a designee selected by Caligan, as a Class I member of the Board, effective immediately. Full filing
10.0% no change 6.5m≈ $11.6m 2025-12-30
Affinity Asset Advisors, LLC 13G · institution no change · filed 2026-01-29 5.5% no change 884.2k≈ $5.4m 2026-01-29

Fell to 5% or below in the last year: ARMISTICE CAPITAL, LLC (5.0%, 2026-02-17)

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
505Q4 24: 3 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 1 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 5 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 4 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20243—0——
Q1 20250—1$2.8k—
Q2 20250—0——
Q3 20250—0——
Q4 20255$18.0m0——
Q1 20260—0——
Q2 20260—0——
Q3 20264$210.9k0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-08-18 Kirby John J. Interim CFO Bought 5,000 $4.93 $24.6k5.0k shares +26%
2026-08-18 Rosenberg Noah L. CMO Bought 2,030 $4.92 $10.0k2.0k shares +31%
2026-08-17 Zawitz David Chief Operating Officer Bought 6,000 $4.98 $29.9k6.0k shares +29%
2026-08-17 Rieger Jayson CEO and President, director Bought 5,000 $4.91 $24.6k5.0k shares +2%
2026-08-17 Rosenberg Noah L. CMO Bought 4,200 $4.91 $20.6k4.2k shares +178%
2026-08-14 Rieger Jayson CEO and President, director Bought 20,000 $5.06 $101.2k20.0k shares +11%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Caligan Partners LP 0.27% of their portfolio NEW YORK, NY 923,910923.9k $5.7m $5.7m 0.27% Unchanged
2 CANNELL CAPITAL LLC 3.35% of their portfolio ALTA, WY 783,923783.9k $4.8m $4.8m 3.35% Added +98.8k +98,800
3 Affinity Asset Advisors, LLC 0.21% of their portfolio NEW YORK, NY 707,338707.3k $4.3m $4.3m 0.21% Unchanged
4 Velan Capital Investment Management LP 1.77% of their portfolio ALPHARETTA, GA 471,559471.6k $2.9m $2.9m 1.77% Unchanged
5 ARMISTICE CAPITAL, LLC 0.07% of their portfolio NEW YORK, NY 426,304426.3k $2.6m $2.6m 0.07% Reduced -91.9k -91,877
6 BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 280,734280.7k $1.7m $1.7m 0.03% Unchanged
7 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 279,310279.3k $1.7m $1.7m 0.00% Added +90.6k +90,552
8 Mariner, LLC 0.00% of their portfolio Overland Park, KS 207,230207.2k $1.3m $1.3m 0.00% Added +182.7k +182,686
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 138,160138.2k $845.7k $845.7k 0.00% Reduced -757 -757
10 BlackRock, Inc. 0.00% of their portfolio New York, NY 74,34474.3k $455.0k $455.0k 0.00% Added +35.8k +35,791
11 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 70,17370.2k $429.5k $429.5k 0.00% Added +5.1k +5,072
12 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 40,82540.8k $249.8k $249.8k 0.00% Reduced -9.8k -9,837
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 28,91628.9k $177.0k $177.0k 0.00% Unchanged
14 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 26,99627.0k $165.2k $165.2k 0.00% Reduced -4.6k -4,584
15 DAFNA Capital Management LLC 0.03% of their portfolio LOS ANGELES, CA 23,75023.8k $145.3k $145.3k 0.03% Reduced -130.0k -129,962
16 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 23,65423.7k $144.8k $144.8k 0.00% Reduced -25.6k -25,557
17 Verdad Advisers, LP 0.14% of their portfolio BOSTON, MA 23,06923.1k $141.2k $141.2k 0.14% Added +11.0k +10,971
18 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 21,76921.8k $133.2k $133.2k 0.00% Reduced -10.6k -10,591
19 Legacy Trust 0.02% of their portfolio GRAND RAPIDS, MI 16,58416.6k $101.5k $101.5k 0.02% Reduced -650 -650
20 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 14,00014.0k $85.7k $85.7k 0.00% New
21 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 13,88813.9k $85.0k $85.0k 0.00% New
22 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 13,72313.7k $84.0k $84.0k 0.00% New
23 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 13,04513.0k $79.8k $79.8k 0.01% New
24 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 13,02313.0k $79.0k $79.0k 0.00% New
25 BECK MACK & OLIVER LLC 0.00% of their portfolio NEW YORK, NY 12,00012.0k $73.4k $73.4k 0.00% Unchanged
26 UBS Group AG 0.00% of their portfolio ZURICH, V8 6,0716.1k $37.2k $37.2k 0.00% Added +1.8k +1,801
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,2013.2k $19.6k $19.6k 0.00% Reduced -19.2k -19,185
28 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 1,5001.5k $9.0k $9.0k 0.00% Unchanged
29 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 862862 $5.3k $5.3k 0.00% Unchanged
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 764764 $5.0k $5.0k 0.00% Reduced -201 -201
31 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 614614 $3.8k $3.8k 0.00% Reduced -242 -242
32 Salomon & Ludwin, LLC 0.00% of their portfolio RICHMOND, VA 290290 $1.7k $1.7k 0.00% Unchanged
33 Allied Private Wealth LLC 0.00% of their portfolio BOCA RATON, FL 202202 $1.3k $1.3k 0.00% First filing
34 New England Capital Financial Advisors LLC 0.00% of their portfolio MERIDEN, CT 200200 $1.2k $1.2k 0.00% Unchanged
35 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 175175 $1.0k $1.0k 0.00% Unchanged
36 Fortitude Family Office, LLC 0.00% of their portfolio SCOTTSDALE, AZ 127127 $777 $777 0.00% Unchanged
37 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 110110 $673 $673 0.00% Unchanged
38 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 102102 $624 $624 0.00% Unchanged
39 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 6464 $392 $392 0.00% New
40 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4747 $306 $306 0.00% Unchanged
41 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 3030 $184 $184 0.00% New
42 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 2626 $178 $178 0.00% Unchanged
43 VALLEY NATIONAL ADVISERS INC 0.00% of their portfolio BETHLEHEM, PA 2525 $153 $153 0.00% New