Michael Raab, President & CEO at ARDELYX, INC. (ARDX), sold 93,634 shares at $4.08 ($382K) on 2025-05-20, disclosed to the SEC on 2025-05-22.
Seasonal sale ($382k) 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 | $4.08 | 46,817 | $191K | 50.0% |
| 2 | $4.08 | 46,817 | $191K | 50.0% |
| Total | $4.08 avg | 93,634 | $382K | 100% |
| Filing → |
| ARDX | SELL | 2026-06-17 | $236K | — | Filing → |
| ARDX | SELL | 2026-05-22 | $343K | — | Filing → |
| ARDX | SELL | 2026-05-19 | $262K | — | Filing → |