Senior insider sale
President & CEO at ARDELYX, INC. — senior position signals high conviction
$1.82M
304.75K shares
What this filing means
RAAB MICHAEL plans to sell 304.75K shares of ARDELYX, INC. valued at approximately $1.82M. Form 144 is a notice of intent to sell restricted or control securities — not a mandatory transaction. This filing provides advance warning of potential selling pressure.
Filed: 6/15/2026ACC: 0001950047-26-006116
DirectorOfficer· President & CEO
Since Jul 2018
304.75K
Shares to sell
$1.82M
Approx. market value
125K
Acquired (3 months)
1
Planned
4 completed
Securities Acquired — Last 3 Months3
Exercise of Stock Options
Cash
6/15/2026
62.50KRestricted Stock Units
N/A
8/19/2024
58.80KEmployee Stock Purchase Plan
Cash
2/29/2024
3.71KTotal acquired125K
| Acquisition Date | Type | Amount Acquired | Gift |
|---|---|---|---|
6/15/2026 | Exercise of Stock Options Cash | 62.50K | — |
8/19/2024 | Restricted Stock Units N/A | 58.80K | — |
2/29/2024 | Employee Stock Purchase Plan Cash | 3.71K | — |
| Total | 125K | ||
Planned & Completed Dispositions5
Completed
—Completed
Units to sell
54.75K
Market value
$343.1K
5/21/2026
—Completed
Units to sell
41.67K
Market value
$261.6K
5/15/2026
—Completed
Units to sell
41.67K
Market value
$262.0K
4/15/2026
—Completed
Units to sell
41.67K
Market value
$243.3K
3/16/2026
Planned — Approximate Date
NASDAQPlanned
Units to sell
125K
Market value
$711.3K
6/15/2026
Total
Units
304.75K
Value
$1.82M
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
| Completed | ||||
5/21/2026 | 54.75K | $343.1K | — | Completed |
5/15/2026 | 41.67K | $261.6K | — | Completed |
4/15/2026 | 41.67K | $262.0K | — | Completed |
3/16/2026 | 41.67K | $243.3K | — | Completed |
| Planned — Approximate Date | ||||
6/15/2026 | 125K | $711.3K | NASDAQ | Planned |
| Total | 304.75K | $1.82M | ||