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sellModerate cluster of 8

Michael Raab sold $343k of ARDX

President & CEO at ARDELYX, INC.. 54,748 shares at an average of $6.27, traded May 21, 2026, filed May 22, 2026.

Warning score
55
Value
$343k
54,748 shares
Holdings after
1,720,033
-3% from before
From 52-week low
+79%
low $3.55, close $6.35
From 52-week high
-21%
high $7.99, as of May 21, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $343k at market
    +15
  • Share of holdings sold
    Sold 3.1% of holdings
    0
  • Cluster
    8 insiders selling within 14 days
    +15

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 13, 2026 · close 3.12
Since filing May 22, 2026: -48.9%SPY +4.9% · excess -53.8%

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 0001321402-26-000012, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 21, 2026SOpen-market sale
Common Stock
-14,933$6.27$94k1,759,848May 22, 2026
May 21, 2026SOpen-market sale
Common Stock
-7,861$6.27$49k1,751,987May 22, 2026
May 21, 2026SOpen-market sale
Common Stock
-17,926$6.27$112k1,734,061May 22, 2026
May 21, 2026SOpen-market sale
Common Stock
-14,028$6.27$88k1,720,033May 22, 2026

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 $343k of ARDX | InsiderTell