Michael Raab, President & CEO at ARDELYX, INC. (ARDX), sold 93,774 shares at $5.54 ($520K) on 2025-11-21, disclosed to the SEC on 2025-11-25.
Seasonal sale ($520k) by President & CEO — this insider has traded ARDX in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $5.54 | 46,887 | $260K | 50.0% |
| 2 | $5.54 | 46,887 | $260K | 50.0% |
| Total | $5.54 avg | 93,774 | $520K | 100% |
| Filing → |
| ARDX | SELL | 2026-06-17 | $236K | — | Filing → |
| ARDX | SELL | 2026-05-22 | $343K | — | Filing → |
| ARDX | SELL | 2026-05-19 | $262K | — | Filing → |