Richard J. Rodgers - 18 Jun 2025 Form 4 Insider Report for ARDELYX, INC. (ARDX)

Role: Director
Signature: /s/ Elizabeth Grammer, Attorney-in-Fact for Richard J. Rodgers
Issuer symbol: ARDX
Transactions as of: 18 Jun 2025
Net transactions value: $0
Form type: 4
Filing time: 23 Jun 2025, 20:42:03 UTC
Previous filing: 13 Jun 2025
Next filing: 24 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Rodgers Richard J	Director	C/O ARDELYX, INC., 400 FIFTH AVENUE, SUITE 210, WALTHAM	/s/ Elizabeth Grammer, Attorney-in-Fact for Richard J. Rodgers	23 Jun 2025	0001313397

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARDX	Common Stock	Award	$0	+21,468	+6.1%	$0.000000	371,992	18 Jun 2025	Direct	F1
transaction	ARDX	Common Stock	Award	$0	+41,551	+11%	$0.000000	413,543	18 Jun 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ARDX	Stock Option (Right to Buy)	Award	$0	+54,059		$0.000000	54,059	18 Jun 2025	Common Stock	54,059	$3.61	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares were issued pursuant to the Issuer's Non-Employee Director Compensation Program. The Reporting Person elected to receive stock in lieu of cash as permitted under the program.
F2	Restricted stock units ("RSUs"). The Reporting Person is entitled to receive one (1) shares of Common Stock for each one (1) RSU upon the vesting thereof. The RSUs were issued pursuant to the Issuer's Non-Employee Director Compensation Program.
F3	The option was issued pursuant to the Issuer's Non-Employee Director Compensation Program.
F4	The option vests with respect to 1/12th of the shares subject thereto on each monthly anniversary of the grant date, which vesting will accelerate in full on the date of the next annual stockholder's meeting to the extent unvested as of such date, subject to continued service through each applicable vesting date.