Ardelyx (ARDX) director receives RSUs and stock options as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ardelyx, Inc. director Muna Bhanji reported compensation-related equity grants. She received 26,455 restricted stock units, each convertible into one share of common stock upon vesting, under the company’s Non-Employee Director Compensation Program.
She was also granted options on 39,715 shares at an exercise price of $5.6700 per share, expiring on June 16, 2036. These options vest in 12 equal monthly installments and any remaining unvested portion will fully vest on the date of the next annual stockholders’ meeting, subject to continued service. Following these awards, she directly holds 163,808 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bhanji Muna
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 39,715 | $0.00 | -- |
| Grant/Award | Common Stock | 26,455 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 39,715 shares (Direct, null);
Common Stock — 163,808 shares (Direct, null)
Footnotes (1)
- Restricted stock units ("RSUs"). The Reporting Person is entitled to receive one (1) share 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. The option was issued pursuant to the Issuer's Non-Employee Director Compensation Program. 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.
Key Figures
RSUs granted: 26,455 units
Options granted: 39,715 shares
Option exercise price: $5.6700 per share
+2 more
5 metrics
RSUs granted
26,455 units
Restricted stock units granted to director on June 16, 2026
Options granted
39,715 shares
Stock Option (Right to Buy) granted on June 16, 2026
Option exercise price
$5.6700 per share
Exercise price for 39,715 stock options
Option expiration
June 16, 2036
Expiration date of stock options granted
Shares owned after grant
163,808 shares
Total Ardelyx common shares directly held after transactions
Key Terms
Restricted stock units ("RSUs"), Non-Employee Director Compensation Program, Stock Option (Right to Buy), vesting, +1 more
5 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs"). The Reporting Person is entitled to receive one (1) share of Common Stock for each one (1) RSU"
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.
Non-Employee Director Compensation Program financial
"The RSUs were issued pursuant to the Issuer's Non-Employee Director Compensation Program."
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
vesting financial
"The option vests with respect to 1/12th of the shares subject thereto on each monthly anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual stockholder's meeting financial
"which vesting will accelerate in full on the date of the next annual stockholder's meeting"
