Paul B. Manning - 25 Nov 2025 Form 4 Insider Report for Verrica Pharmaceuticals Inc. (VRCA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
25 Nov 2025, 19:00:09 UTC
Prior SEC filing
02 Sep 2025
Next SEC filing
12 Feb 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark Ballantyne, Attorney-in-fact

Key filing fact

Paul B. Manning filed Form 4 for Verrica Pharmaceuticals Inc. (VRCA) on 25 Nov 2025.

Key facts

  • This page summarizes Paul B. Manning's Form 4 filing for Verrica Pharmaceuticals Inc. (VRCA).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 25 Nov 2025, 19:00.

Change

  • Previous filing in this sequence was filed on 02 Sep 2025.
  • Current net transaction value: +$17,505,157.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001494695 Primary reporting owner

Manning Paul B

Relationship
Director, 10%+ Owner
Address
200 GARRETT STREET, SUITE S, CHARLOTTESVILLE
Signature
/s/ Mark Ballantyne, Attorney-in-fact
Signature date
25 Nov 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VRCA transaction

Common Stock

Purchase

Transaction value
$5,835,050
Shares
+1,375,380
Change %
+53%
Price
$4.24
Shares after
3,958,189
Date
25 Nov 2025
Ownership
Direct
Footnotes
F1, F2
VRCA transaction

Common Stock

Purchase

Transaction value
$11,670,108
Shares
+2,750,762
Change %
+460%
Price
$4.24
Shares after
3,348,372
Date
25 Nov 2025
Ownership
See footnote
Footnotes
F1, F3
VRCA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
89,187
Date
25 Nov 2025
Ownership
By trust
Footnotes
F1, F4
VRCA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
89,187
Date
25 Nov 2025
Ownership
By trust
Footnotes
F1, F4
VRCA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
89,187
Date
25 Nov 2025
Ownership
By trust
Footnotes
F1, F4
VRCA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
332,433
Date
25 Nov 2025
Ownership
By trust
Footnotes
F1, F5
VRCA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
25,663
Date
25 Nov 2025
Ownership
See footnote
Footnotes
F1, F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VRCA transaction Derivative

Series C Warrant (right to buy)

Purchase

Transaction value
Shares
+343,845
Change %
Price
Shares after
343,845
Date
25 Nov 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
343,845
Exercise price
$6.32
Footnotes
F2, F7, F8
VRCA transaction Derivative

Series C Warrant (right to buy)

Purchase

Transaction value
Shares
+687,690
Change %
Price
Shares after
687,690
Date
25 Nov 2025
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
687,690
Exercise price
$6.32
Footnotes
F3, F7, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Effective July 24, 2025, the Issuer effected a 1-for-10 reverse stock split of the Issuer's common stock. The number of securities reported herein have been adjusted to reflect the reverse stock split.

Footnote F2

The shares are held by Mr. Manning jointly with his spouse.

Footnote F3

The shares are held directly by BKB Growth Investments, LLC ("BKB"). The Reporting Person is a co-manager of the manager of BKB and has shared voting and investment power with respect to the shares held by BKB.

Footnote F4

These shares are held in separate trusts for the benefit of the Reporting Person's immediate family members. The Reporting Person's spouse is trustee of each trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Footnote F5

The shares are held directly by The Paul B. Manning Revocable Trust dated May 10, 2000 (the "Trust"). The Reporting Person is the trustee of the Trust and has sole voting and investment power with respect to the shares held by the Trust.

Footnote F6

The shares are held directly by PBM Capital Investments, LLC ("PBMCI"). The Reporting Person is CEO of PBMCI and has sole voting and investment power with respect to the shares held by PBMCI.

Footnote F7

Immediately exercisable.

Footnote F8

The reported securities are included within 1,375,380 investment units purchased by the Reporting Person for $4.2425 per investment unit. Each investment unit consists of one share of Common Stock and a Series C warrant for one fourth of a share of common stock. The Reporting Person will not be entitled to exercise any portion of a Series C Warrant that, upon giving effect to such exercise, would cause the aggregate number of shares beneficially owned by the Reporting Person to exceed 49.99% of the number of shares of the Issuer's common stock outstanding immediately after giving effect to the exercise.

Footnote F9

The reported securities are included within 2,750,762 investment units purchased by the Reporting Person for $4.2425 per investment unit. Each investment unit consists of one share of Common Stock and a Series C warrant for one fourth of a share of common stock. The Reporting Person will not be entitled to exercise any portion of a Series C Warrant that, upon giving effect to such exercise, would cause the aggregate number of shares beneficially owned by the Reporting Person to exceed 49.99% of the number of shares of the Issuer's common stock outstanding immediately after giving effect to the exercise.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .