Trade Summary

6 days ago, RAAB MICHAEL, serving as President & CEO at ARDELYX, INC. (ARDX), sold 41,668 shares at $5.06 per share, for a total transaction value of $210,923.42. Following this transaction, RAAB MICHAEL now holds 1,678,366 shares of ARDX.

This sale represents a 2.42% decrease in RAAB MICHAEL's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Wednesday, July 15, 2026 and publicly disclosed via SEC Form 4 filing on Friday, July 17, 2026 at 4:09 PM ET, 2 days after the trade was made.

ARDELYX, INC. operates in the HEALTHCARE sector, specifically within the BIOTECHNOLOGY industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.