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sellWeak10b5-1 plan

Michael Raab sold $211k of ARDX

President & CEO at ARDELYX, INC.. 41,668 shares at an average of $5.06, traded Jul 15, 2026, filed Jul 17, 2026.

Warning score
2
Value
$211k
41,668 shares
Holdings after
1,678,366
-2% from before
From 52-week low
+26%
low $4.22, close $5.30
From 52-week high
-34%
high $7.99, as of Jul 15, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $211k at market
    +12
  • Share of holdings sold
    Sold 2.4% 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 13, 2026 · close 3.12
Since filing Jul 17, 2026: -40.0%SPY +4.9% · excess -44.9%

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 0001321402-26-000016, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jul 15, 2026MOption exercise
Common Stock10b5-1
+20,834$0.99$21k1,720,034Jul 17, 2026
Jul 15, 2026SOpen-market sale
Common Stock10b5-1
-41,668$5.06$211k1,678,366Jul 17, 2026
Jul 15, 2026MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-20,834$0.00$0290,834Jul 17, 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%
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%

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 $211k of ARDX | InsiderTell