Skip to content
sellWeak10b5-1 plan

Michael Raab sold $243k of ARDX

President & CEO at ARDELYX, INC.. 41,666 shares at an average of $5.84, traded Mar 16, 2026, filed Mar 18, 2026.

Warning score
3
Value
$243k
41,666 shares
Holdings after
1,816,448
-2% from before
From 52-week low
+78%
low $3.28, close $5.84
From 52-week high
-27%
high $7.99, as of Mar 16, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $243k at market
    +13
  • Share of holdings sold
    Sold 2.2% 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 18, 2026: -40.9%SPY +18.6% · excess -59.5%

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 0001321402-26-000006, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 16, 2026MOption exercise
Common Stock10b5-1
+20,833$0.99$21k1,856,986Mar 18, 2026
Mar 16, 2026SOpen-market sale
Common Stock10b5-1
-41,666$5.84$243k1,816,448Mar 18, 2026
Mar 16, 2026MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-20,833$0.00$0374,168Mar 18, 2026

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
11Weak
ARDXsell 210b5-1
ARDELYX, INC.
Laura A Williams
Chief Patient Officer
$490k
81,898 shares
-18%
11Weak
ARDXsell 210b5-1
ARDELYX, INC.
Michael Raab
President & CEO
$236k
41,666 shares
-2%
30Weak
ARDXsell 8
ARDELYX, INC.
John E Bishop
See Remarks
$14k
2,306 shares
-1%
55Moderate
ARDXsell 8
ARDELYX, INC.
Michael Raab
President & CEO
$343k
54,748 shares
-3%
36Weak
ARDXsell 8
ARDELYX, INC.
Laura A Williams
Chief Patient Officer
$44k
6,989 shares
-2%
36Weak
ARDXsell 8
ARDELYX, INC.
Mike Kelliher
Chief Business Officer
$45k
7,248 shares
-2%
37Weak
ARDXsell 8
ARDELYX, INC.
Eric Duane Foster
Chief Commercial Officer
$50k
7,998 shares
-2%
30Weak
ARDXsell 8
ARDELYX, INC.
Joseph James Reilly
See Remarks
$23k
3,719 shares
-2%
30Weak
ARDXsell 8
ARDELYX, INC.
James Parker Brady
Chief Human Resources Officer
$12k
1,846 shares
-1%
37Weak
ARDXsell 8
ARDELYX, INC.
Susan Hohenleitner
Chief Financial Officer
$9,119
1,455 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 $243k of ARDX | InsiderTell