Robert Blanks - 21 Jun 2024 Form 4 Insider Report for ARDELYX, INC. (ARDX)

Reporting relationship: Chief Regulatory and Quality Affairs Officer
Issuer ticker: ARDX
Reported as of: 21 Jun 2024
Net transaction value: -$226,290
SEC form: 4
Accepted by SEC: 25 Jun 2024, 18:22:29 UTC
Prior SEC filing: 23 May 2024
Next SEC filing: 22 Aug 2024
Source filing: View source filing
Reporting owner signature: /s/ Elizabeth Grammer, Attorney-in-Fact for Robert Blanks

Key filing fact

Robert Blanks filed Form 4 for ARDELYX, INC. (ARDX) on 25 Jun 2024.

Key facts

This page summarizes Robert Blanks's Form 4 filing for ARDELYX, INC. (ARDX).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 25 Jun 2024, 18:22.

Change

Previous filing in this sequence was filed on 23 May 2024.
Current net transaction value: -$226,290.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ARDX transaction

Common Stock

Sale

Transaction value: $226,290
Shares: -38,000
Change %: -10%
Price: $5.96
Shares after: 324,331
Date: 21 Jun 2024
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 21, 2023.

Footnote F2

Transaction was executed in multiple trades in prices ranging from $5.91 to $6.01, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

SEC remarks

Chief Regulatory and Quality Affairs Officer