RAAB MICHAEL sold ARDX
August 21, 2025 · Form 4 insider transaction
RAAB MICHAEL sold 45,687 shares of Ardelyx, Inc. at $5.93 per share, a transaction worth $271.0K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Disposed (sell-side)
Shares
45,687
Price
$5.93
Total value
$271.0K
InsiderRAAB MICHAEL
RoleOfficer, Director
CompanyArdelyx, Inc. (ARDX)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateAugust 21, 2025
Filing dateAugust 25, 2025
Shares owned after1,502,250
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Pursuant to an automatic sell-to-cover imposed by the terms of the initial grant of the restricted stock units ("RSUs") awards, the shares were sold upon the vesting of the RSUs solely to cover applicable withholding taxes.