SEC Filing Summary for ARDELYX, INC.
Michael Raab, President & CEO of ARDELYX, INC., reported a series of transactions on April 15, 2026, involving the company's Common Stock. Raab acquired 20,834 shares through the exercise of a stock option at a price of $0.99 per share, as part of a 10b5-1 trading plan. Following this acquisition, Raab sold 41,668 shares at a weighted average price of $6.2867, with individual sales occurring between $6.21 and $6.46. These sales were also conducted under the 10b5-1 plan. Post-transaction, Raab directly holds 1,795,614 shares. Additionally, shares are held indirectly through trusts for the benefit of his children and a family trust, amounting to 24,364 and 1,000 shares respectively. The stock option, which becomes exercisable as it vests, has shares vesting in 48 monthly installments starting January 6, 2022, contingent upon continued employment.