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sellWeak10b5-1 plan

Michael Raab sold $191k of ARDX

President & CEO at ARDELYX, INC.. 41,666 shares at an average of $4.59, traded Apr 4, 2025, filed Apr 8, 2025.

Warning score
2
Value
$191k
41,666 shares
Holdings after
1,615,587
-3% from before
From 52-week low
+1%
low $4.50, close $4.55
From 52-week high
-34%
high $6.93, as of Apr 4, 2025

Score components

  • Role
    CEO
    +25
  • Trade size
    $191k 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 Apr 8, 2025: -24.2%SPY +59.4% · excess -83.7%

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 0001628280-25-017125, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Apr 4, 2025MOption exercise
Common Stock10b5-1
+20,833$0.99$21k1,657,253Apr 8, 2025
Apr 4, 2025SOpen-market sale
Common Stock10b5-1
-41,666$4.59$191k1,615,587Apr 8, 2025
Apr 4, 2025MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-20,833$0.00$0436,667Apr 8, 2025

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
37Weak
ARDXsell 6
ARDELYX, INC.
Joseph James Reilly
See Remarks
$61k
11,086 shares
-9%
35Weak
ARDXsell 6
ARDELYX, INC.
Eric Duane Foster
Chief Commercial Officer
$32k
5,814 shares
-2%
36Weak
ARDXsell 6
ARDELYX, INC.
Laura A Williams
Chief Patient Officer
$36k
6,426 shares
-2%
35Weak
ARDXsell 6
ARDELYX, INC.
Mike Kelliher
See Remarks
$31k
5,560 shares
-2%
53Moderate
ARDXsell 6
ARDELYX, INC.
Michael Raab
President & CEO
$260k
46,887 shares
-3%
36Weak
ARDXsell 6
ARDELYX, INC.
Elizabeth A Grammer
See Remarks
$33k
5,995 shares
-2%
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%

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 $191k of ARDX | InsiderTell