[144] Riskified Ltd. SEC Filing
Rhea-AI Filing Summary
Riskified Ltd. (RSKD) Form 144 notice: An individual proposes to sell 1,500,000 Class A ordinary shares on the NYSE, with an aggregate market value of $6,690,000, and an approximate sale date of 08/20/2025. The filer reports the shares were originally acquired in a private placement on 06/29/2017 from the issuer, with 28,695,225 shares noted as acquired on that date and payment made in cash. The issuer has 112,306,279 shares outstanding as listed. The filer indicates no securities sold in the past three months and includes the standard attestation that they are unaware of undisclosed material adverse information.
Positive
- Planned sale disclosed: The Form 144 clearly states the proposed sale of 1,500,000 Class A ordinary shares with an aggregate market value of $6,690,000.
- Acquisition history provided: The filing documents the original acquisition in a private placement on 06/29/2017 and payment in cash.
- No recent dispositions: The filer reports "Nothing to Report" for securities sold during the past three months, indicating no recent sales activity by this person.
Negative
- None.
Insights
TL;DR: A sizable Form 144 sale is scheduled; it's a routine disclosure showing an insider-originated sale without recent prior dispositions.
The filing reports a proposed sale of 1,500,000 Class A ordinary shares valued at $6.69 million, to be executed on the NYSE on 08/20/2025. The shares were acquired in a private placement on 06/29/2017 and paid in cash. No sales by the filer were reported in the past three months. For investors, this is a transparency event rather than an operational update; impact depends on who the selling person is and whether the market anticipated the sale.
TL;DR: The filing fulfills Rule 144 disclosure requirements; it signals compliance and a planned secondary sale from private-placement holdings.
The notice documents that the securities originated from a private placement and that the filer attests to no undisclosed material adverse information. The presence of 28,695,225 shares originally acquired is notable in context but the form does not identify the seller's role or affiliation with the issuer. Without additional identity or lock-up details, this remains a procedural governance disclosure rather than a governance event implying misconduct or policy breach.