Michael Raab, President & CEO at ARDELYX, INC. (ARDX), sold 58,574 shares at $3.86 ($226K) on 2026-08-21, disclosed to the SEC on 2026-08-25.
Seasonal sale ($226k) by President & CEO — this insider has traded ARDX in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $3.86 | 8,411 | $32K | 14.4% |
| 2 | $3.86 | 15,009 | $58K | 25.6% |
| 3 | $3.86 | 15,976 | $62K | 27.3% |
| 4 | $3.86 | 19,178 | $74K | 32.7% |
| Total | $3.86 avg | 58,574 | $226K | 100% |
| Filing → |
| ARDX | SELL | 2026-05-22 | $343K | — | Filing → |
| ARDX | SELL | 2026-05-19 | $262K | — | Filing → |
| ARDX | SELL | 2026-04-17 | $262K | — | Filing → |