Michael Raab, President & CEO at ARDELYX, INC. (ARDX), sold 91,374 shares at $5.93 ($542K) on 2025-08-21, disclosed to the SEC on 2025-08-25.
Seasonal sale ($542k) 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 | $5.93 | 45,687 | $271K | 50.0% |
| 2 | $5.93 | 45,687 | $271K | 50.0% |
| Total | $5.93 avg | 91,374 | $542K | 100% |
| Filing → |
| ARDX | SELL | 2026-06-17 | $236K | — | Filing → |
| ARDX | SELL | 2026-05-22 | $343K | — | Filing → |
| ARDX | SELL | 2026-05-19 | $262K | — | Filing → |