Michael Raab, President & CEO at ARDELYX, INC. (ARDX), sold 54,748 shares at $6.27 ($343K) on 2026-05-21, disclosed to the SEC on 2026-05-22.
Seasonal sale ($343k) by President & CEO — this insider has traded ARDX in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $6.27 | 7,861 | $49K | 14.4% |
| 2 | $6.27 | 14,028 | $88K | 25.6% |
| 3 | $6.27 | 14,933 | $94K | 27.3% |
| 4 | $6.27 | 17,926 | $112K | 32.7% |
| Total | $6.27 avg | 54,748 | $343K | 100% |
| Filing → |
| ARDX | SELL | 2026-06-17 | $236K | — | Filing → |
| ARDX | SELL | 2026-05-19 | $262K | — | Filing → |
| ARDX | SELL | 2026-04-17 | $262K | — | Filing → |