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sellWeak10b5-1 plan

Michael Raab sold $177k of ARDX

President & CEO at ARDELYX, INC.. 41,666 shares at an average of $4.25, traded May 2, 2025, filed May 5, 2025.

Warning score
2
Value
$177k
41,666 shares
Holdings after
1,594,754
-3% from before
From 52-week low
0%
low $4.13, close $4.13
From 52-week high
-40%
high $6.93, as of May 2, 2025

Score components

  • Role
    CEO
    +25
  • Trade size
    $177k 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.

This signal so far: 1m -1.2%, 3m +17.5%, 6m +58.5%.

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 13, 2026 · close 3.12
Since filing May 5, 2025: -16.5%SPY +40.4% · excess -56.8%

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 0001628280-25-022355, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 2, 2025MOption exercise
Common Stock10b5-1
+20,833$0.99$21k1,636,420May 5, 2025
May 2, 2025SOpen-market sale
Common Stock10b5-1
-41,666$4.25$177k1,594,754May 5, 2025
May 2, 2025MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-20,833$0.00$0415,834May 5, 2025

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
38Weak
ARDXsell 8
ARDELYX, INC.
John E Bishop
See Remarks
$76k
19,750 shares
-6%
53Moderate
ARDXsell 8
ARDELYX, INC.
Michael Raab
President & CEO
$226k
58,574 shares
-3%
36Weak
ARDXsell 8
ARDELYX, INC.
Laura A Williams
Chief Patient Officer
$41k
10,739 shares
-3%
35Weak
ARDXsell 8
ARDELYX, INC.
Mike Kelliher
Chief Business Officer
$30k
7,758 shares
-2%
36Weak
ARDXsell 8
ARDELYX, INC.
Eric Duane Foster
Chief Commercial Officer
$33k
8,562 shares
-2%
30Weak
ARDXsell 8
ARDELYX, INC.
Joseph James Reilly
See Remarks
$15k
3,982 shares
-3%
37Weak
ARDXsell 8
ARDELYX, INC.
James Parker Brady
Chief Human Resources Officer
$58k
15,136 shares
-6%
37Weak
ARDXsell 8
ARDELYX, INC.
Susan Hohenleitner
Chief Financial Officer
$6,009
1,558 shares
-1%
2Weak
ARDXsell10b5-1
ARDELYX, INC.
Michael Raab
President & CEO
$211k
41,668 shares
-2%
11Weak
ARDXsell 210b5-1
ARDELYX, INC.
Laura A Williams
Chief Patient Officer
$490k
81,898 shares
-18%

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 $177k of ARDX | InsiderTell