Ardelyx (ARDX) director Cadoret-Manier receives RSU and option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARDELYX, INC. director Onaiza Cadoret-Manier received equity compensation on June 16, 2026. She was granted 26,455 restricted stock units, each convertible into one share of common stock under the Non-Employee Director Compensation Program, bringing her direct holdings to 178,156 common shares. She also received a stock option for 39,715 shares of common stock at an exercise price of $5.67 per share, expiring on June 16, 2036. The option vests in equal monthly installments over 12 months and any unvested portion accelerates at the next annual stockholders’ meeting, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cadoret-Manier Onaiza
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 — 178,156 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
RSU grant: 26,455 units
Option shares: 39,715 shares
Option exercise price: $5.67/share
+2 more
5 metrics
RSU grant
26,455 units
Restricted stock units granted June 16, 2026
Option shares
39,715 shares
Stock option grant for common stock
Option exercise price
$5.67/share
Exercise price of stock option
Option expiration
June 16, 2036
Expiration date of stock option
Shares held after grant
178,156 shares
Direct common stock holdings after RSU grant
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"
FAQ
What equity awards did Ardelyx (ARDX) director Onaiza Cadoret-Manier receive?
She received 26,455 restricted stock units and a stock option for 39,715 shares. The RSUs convert one-for-one into common stock and both awards were granted under the Non-Employee Director Compensation Program.
What are the key terms of Onaiza Cadoret-Manier’s new Ardelyx stock option?
The new option covers 39,715 shares at an exercise price of $5.67 per share and expires June 16, 2036. It was issued under the Non-Employee Director Compensation Program as an equity award.
How does the Ardelyx (ARDX) director stock option vest?
The option vests in 12 equal monthly installments from the grant date. Any unvested portion accelerates in full on the date of the next annual stockholders’ meeting, provided she continues serving through each vesting date.
What are the terms of the restricted stock units granted to the Ardelyx director?
Each RSU entitles her to receive one share of Ardelyx common stock upon vesting. The RSUs were issued as part of the company’s Non-Employee Director Compensation Program, providing share-based compensation instead of cash.