STOCK TITAN

Ardelyx (NASDAQ: ARDX) CCO Eric Foster to exit in August

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Ardelyx, Inc. reported a leadership change with the resignation of its Chief Commercial Officer, Eric Foster. Foster informed the company of his decision on August 11, 2026, and his resignation is effective August 28, 2026. The company states that he is leaving to pursue a new opportunity with a pre-commercial company and that his resignation is not due to any disagreement with Ardelyx. Ardelyx remains incorporated in Delaware and its common stock, par value $0.0001 per share, continues to trade under the symbol ARDX on The Nasdaq Global Market.

Positive

  • None.

Negative

  • Chief Commercial Officer Eric Foster will resign effective August 28, 2026, creating a senior leadership transition in Ardelyx’s commercial organization.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
CCO resignation notice date August 11, 2026 Date Eric Foster notified Ardelyx of his decision to resign as Chief Commercial Officer
CCO resignation effective date August 28, 2026 Effective date of Eric Foster’s resignation as Chief Commercial Officer
Par value per share $0.0001 per share Par value of Ardelyx common stock listed on The Nasdaq Global Market
Trading symbol ARDX Ticker for Ardelyx common stock on The Nasdaq Global Market
Company phone number (617) 675-2739 Telephone number for Ardelyx’s principal executive offices
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
pre-commercial company financial
"new opportunity with a pre-commercial company"
The Nasdaq Global Market market
"Name of each exchange on which registered Common Stock ... The Nasdaq Global Market"
The Nasdaq Global Market is a tier of the Nasdaq stock exchange where established companies list their shares after meeting higher financial, governance and reporting standards than smaller markets. For investors it acts like a quality filter — signaling greater transparency and typically better trading liquidity, which makes buying, selling and assessing the stock’s risk easier compared with shares on less-regulated venues.

FAQ

What leadership change did Ardelyx (ARDX) announce on August 11, 2026?

Ardelyx announced that Chief Commercial Officer Eric Foster decided to resign. The notice was given on August 11, 2026, and reflects a planned transition in the company’s commercial leadership.

When is Ardelyx (ARDX) Chief Commercial Officer Eric Foster’s resignation effective?

Eric Foster’s resignation as Chief Commercial Officer is effective on August 28, 2026. He notified Ardelyx of his decision on August 11, 2026, providing a short transition period before his departure.

Why is Ardelyx (ARDX) Chief Commercial Officer Eric Foster resigning?

Eric Foster is resigning to pursue a new opportunity with a pre-commercial company. Ardelyx states that his decision to leave is not the result of any disagreement with the company.

On which exchange does Ardelyx (ARDX) common stock trade and under what symbol?

Ardelyx’s common stock trades on The Nasdaq Global Market under the trading symbol ARDX. The stock has a par value of $0.0001 per share as disclosed in the company’s registration details.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
MA false 0001437402 0001437402 2026-08-11 2026-08-11
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 11, 2026

 

 

 

LOGO

ARDELYX, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-36485   26-1303944

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

400 FIFTH AVE., SUITE 210, WALTHAM, MASSACHUSETTS 02451

(Address of principal executive offices, including Zip Code)

Registrant’s telephone number, including area code: (617) 675-2739

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock, par value $0.0001 per share   ARDX   The Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 8.01

Other Events.

On August 11, 2026, Eric Foster notified Ardelyx, Inc. (the “Company”) of his decision to resign as Chief Commercial Officer of the Company, effective August 28, 2026. Mr. Foster resigned to pursue a new opportunity with a pre-commercial company, and his resignation is not a result of any disagreement with the Company.

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: August 17, 2026   ARDELYX, INC.
    By:  

/s/ Felecia Ettenberg

      Felecia Ettenberg
      Chief Legal Officer

Filing Exhibits & Attachments

3 documents