Ardelyx (ARDX) HR chief sells 15,136 shares to cover RSU taxes
Rhea-AI Filing Summary
Ardelyx, Inc. (ARDX) reported that Chief Human Resources Officer Brady James Parker sold a total of 15,136 shares of common stock on August 21, 2026. According to the company’s disclosure, these sales were an automatic sell-to-cover related to vesting RSUs, executed solely to cover withholding taxes at a weighted average price of $3.8569 per share across multiple trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,136 shares
Net Sell
2 txns
Insider
Brady James Parker
Role
Chief Human Resources Officer
Sold
15,136 shs ($58K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,976 | $3.8569 | $8K |
| Sale | Common Stock F1 | 13,160 | $3.8569 | $51K |
Holdings After Transaction:
Common Stock — 245,930 shares (Direct)
Footnotes (1)
- F1. Pursuant to an automatic sell-to-cover imposed by the terms of the initial grant of the restricted stock units ("RSUs") awards, the shares were sold upon the vesting of the RSUs solely to cover applicable withholding taxes. The transaction was executed in multiple trades in prices ranging from $3.648 to $3.984, 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.
Key Figures
Shares sold (lot 1): 1,976 shares
Shares sold (lot 2): 13,160 shares
Total shares sold: 15,136 shares
+2 more
5 metrics
Shares sold (lot 1)
1,976 shares
Common stock sold by Brady James Parker on August 21, 2026
Shares sold (lot 2)
13,160 shares
Common stock sold by Brady James Parker on August 21, 2026
Total shares sold
15,136 shares
Aggregate of reported sales on August 21, 2026
Weighted average sale price
$3.8569 per share
Weighted average for sales executed between $3.648 and $3.984
Trade price range
$3.648–$3.984 per share
Range of prices for the multiple trades on August 21, 2026
Key Terms
automatic sell-to-cover, restricted stock units ("RSUs"), weighted average sale price
3 terms
automatic sell-to-cover financial
"Pursuant to an automatic sell-to-cover imposed by the terms of the initial grant"
restricted stock units ("RSUs") financial
"the terms of the initial grant of the restricted stock units ("RSUs") awards"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
weighted average sale price financial
"The price reported in Column 4 above reflects the weighted average sale price"
FAQ
What insider transaction did Ardelyx (ARDX) disclose for Brady James Parker?
Ardelyx disclosed that Chief Human Resources Officer Brady James Parker sold 15,136 shares of common stock on August 21, 2026. The sales were made automatically in connection with RSU vesting to cover applicable withholding taxes.
Did the Ardelyx (ARDX) Form 4 indicate multiple trades for the insider sale?
Yes. The disclosure notes the transaction was executed in multiple trades within a price range of $3.648 to $3.984 per share, with the reported $3.8569 figure representing the weighted average sale price.
AI-generated analysis. How Rhea-AI works. Not financial advice.