Filing Details
- Accession Number:
- 0001321402-26-000019
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2026-08-25 19:07:17
- Reporting Period:
- 2026-08-21
- Filing Date:
- 2026-08-25
- Accepted Time:
- 2026-08-25 19:07:17
- SEC Url:
- Form 4 Filing
- 10b5-1 trading plan:
- Unchecked
The filer left the 10b5-1 checkbox unchecked. This is not proof that every trade was unplanned.
A 10b5-1 plan sets trading instructions in advance, so trades follow those instructions instead of a new decision at the time of each trade. The checkbox applies to the filing as a whole and does not identify every covered trade; see the footnotes for details. It reflects the filer's disclosure, not SEC approval of the plan. SEC Form 4 instructions.
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1437402 | Ardelyx Inc. | ARDX | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1321402 | Michael Raab | C/O Ardelyx, Inc. 400 Fifth Avenue, Suite 210 Waltham MA 02451 | President & Ceo | Yes | Yes | No | No |
Transaction Summary
| Sold: | 58,574 shares | Avg. Price: $3.86 | Total Value: $225,914.06 |
| Number of Shares After Transactions: | 1,619,792 shares | ||
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2026-08-21 | 15,009 | $3.86 | 1,663,357 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2026-08-21 | 15,976 | $3.86 | 1,647,381 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2026-08-21 | 8,411 | $3.86 | 1,638,970 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2026-08-21 | 19,178 | $3.86 | 1,619,792 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 24,364 | Indirect | Family Trust |
| Common Stock | 1,000 | Indirect | Family Trust |
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. The transaction was executed in multiple trades in prices ranging from $3.648 to $3.984, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- The shares are directly held by Michael G. Raab, Trustee of the Michael G. Raab Living Trust dated July 25, 2012.
- The shares are owned directly by trusts for the benefit of the Reporting Person's children.
Hedge Fund Resource Center Billionaire Hedge Funds
