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sellWeak10b5-1 plan

Michael Raab sold $223k of ARDX

President & CEO at ARDELYX, INC.. 41,668 shares at an average of $5.36, traded Mar 7, 2025, filed Mar 7, 2025.

Warning score
2
Value
$223k
41,668 shares
Holdings after
1,635,138
-2% from before
From 52-week low
+18%
low $4.50, close $5.30
From 52-week high
-24%
high $6.93, as of Mar 7, 2025

Score components

  • Role
    CEO
    +25
  • Trade size
    $223k at market
    +12
  • Share of holdings sold
    Sold 2.5% of holdings
    0
  • Cluster
    No other insider selling within 14 days
    0
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

ARDXOct 9, 2026 · close 3.28
Since filing Mar 7, 2025: -38.1%SPY +37.8% · excess -76.0%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001628280-25-011441, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 7, 2025MOption exercise
Common Stock10b5-1
+20,834$0.99$21k1,676,806Mar 7, 2025
Mar 7, 2025SOpen-market sale
Common Stock10b5-1
-41,668$5.36$223k1,635,138Mar 7, 2025
Mar 7, 2025MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-20,834$0.00$0457,500Mar 7, 2025

Related signals

Other insiders at ARDELYX, INC. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
35Weak
ARDXsell 6
ARDELYX, INC.
Mike Kelliher
Chief Business Officer
$32k
5,417 shares
-2%
18Weak
ARDXsell 610b5-1
ARDELYX, INC.
Laura A Williams
Chief Patient Officer
$490k
80,000 shares
-18%
39Weak
ARDXsell 6
ARDELYX, INC.
Eric Duane Foster
Chief Commercial Officer
$91k
15,308 shares
-5%
36Weak
ARDXsell 6
ARDELYX, INC.
Elizabeth A Grammer
See Remarks
$35k
5,841 shares
-2%
53Moderate
ARDXsell 6
ARDELYX, INC.
Michael Raab
President & CEO
$271k
45,687 shares
-3%
43Moderate
ARDXsell 6
ARDELYX, INC.
Justin A Renz
Chief Financial Officer
$42k
7,037 shares
-2%
36Weak
ARDXsell 6
ARDELYX, INC.
Laura A Williams
Chief Patient Officer
$37k
6,261 shares
-2%
52Moderate
ARDXbuy
ARDELYX, INC.
David M Mott
director
$726k
200,000 shares
+7%
52Moderate
ARDXbuy
ARDELYX, INC.
David M Mott
director
$737k
200,000 shares
+8%
30Weak
ARDXsell 6
ARDELYX, INC.
Eric Duane Foster
Chief Commercial Officer
$10k
2,507 shares
-1%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Michael Raab sold $223k of ARDX | InsiderTell