RAAB MICHAEL (President & CEO) sold 2.3% of their position (41.67K shares) of ARDELYX, INC. on the open market
Open‑market sale worth $261.6K — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 5/19/2026ACC: 0001321402-26-000009
DirectorOfficer· President & CEO
Since Jul 2018
-41.67K
Net shares
Net seller
$261.6K
Total sold
1
Open market trades
0B · 1S
3
Total transactions
20.83K acquired · 62.50K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+20.83K
Price / share
$0.99
Trade value
$20.62K
% of position
1.2%
5/15/2026
1.80M→1.82M
Common Stock
Direct
Shares
−41.67K
Price / share
$6.28
Trade value
$261.61K
% of position
2.3%
5/15/2026
1.82M→1.77M
Total
Net shares
−20.83K
Net value
-$240.99K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/15/2026 | M · Option Exercise | +20.83K | $0.99 | $20.62K | 1.2% | 1.80M | 1.82M |
| Common Stock Direct | 5/15/2026 | S · Sale | −41.67K | $6.28 | $261.61K | 2.3% | 1.82M | 1.77M |
| Total | −20.83K | -$240.99K | ||||||
Derivative Transactions1
Stock Option (Right to Buy)
Direct
Converts to
Common Stock
20.83K shares
Shares
−20.83K
Strike price
0.99
Held after
332.50K
Exercisable
—
5/15/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) Direct | Common Stock20.83K shares | 5/15/2026 | M · Option Exercise | −20.83K | 0.99 | — | 332.50K |
Non-Derivative Holdings (Post-Transaction)2
Common Stock
IndirectShares owned24.36K
Common Stock
IndirectShares owned1K
Total
25.36K indirect25.36K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 24.36K | Indirect |
| Common Stock | 1K | Indirect |
| Total | 25.36K | 25.36K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported