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Michael Raab, President & CEO at Ardelyx, sold ARDX on Jul 15, 2026

Data as of Oct 27

▼ SELL$211K41,668 shares at $5.06Michael Raab President & CEOARDX Ardelyx, Inc.
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Traded
Jul 15, 2026
Disclosed
Jul 17, 2026
Filed
2 days after the trade

Form 4s are due within two business days.

Official filing (SEC Form 4) ↗

The price around the disclosure

Michael Raab, President & CEO at Ardelyx, sold ARDX on Jul 15, 2026TRADEDDISCLOSED
ARDXSimilar stocks (XLV — its sector index fund), rebased to ARDX's price on the disclosure day
ARDX since disclosure
−42.3%
after the sale
Similar stocks (XLV) since disclosure
+11.2%
XLV — its sector index fund

Change in closing price from Jul 17, 2026 (the first trading day on or after disclosure) to Oct 27, 2026. Dividends excluded. Not a return anyone earned.

Our take

None of our tested rules fired on this trade.

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