STOCK TITAN

RISKIFIED LTD. (RSKD) director-linked fund sells 27,600 shares

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

RISKIFIED LTD. director Shachar Erez, through Qumra Capital funds, reported the sale of 27,600 Class A Ordinary Shares on July 20, 2026 at a weighted average price of $5.2697 per share under a Rule 10b5-1 trading plan. After the sale, Qumra Capital holds 1,174,381 Class A shares indirectly, and Erez reports 80,053 Class A shares and RSUs held directly for Qumra Capital’s benefit, with beneficial ownership disclaimed except for any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Shachar Erez
Role Director
Sold 27,600 shs ($145K)
Type Security Shares Price Value
Sale Class A Ordinary Shares F1, F2, F3 27,600 $5.2697 $145K
holding Class A Ordinary Shares F4 -- -- --
Holdings After Transaction: Class A Ordinary Shares — 1,174,381 shares (Indirect, Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.); Class A Ordinary Shares — 80,053 shares (Direct)
Footnotes (4)
  1. F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P (together, "Qumra Capital") on March 16, 2026.
  2. F2. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $5.25 to $5.30. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of Class A Ordinary Shares sold at each separate price within the range set forth in this footnote.
  3. F3. Represents Class A Ordinary Shares held by Qumra Capital. The Reporting Person is a Managing Partner of Qumra Capital. The Reporting Person disclaims beneficial ownership of the Class A Ordinary Shares held by Qumra Capital, except to the extent of his pecuniary interest, if any, therein.
  4. F4. Includes Class A Ordinary Shares and outstanding restricted stock units (RSUs) held by the Reporting Person. Each RSU represents the right to receive one Class A Ordinary shares upon vesting and settlement. The Reporting Person is a Managing Partner of Qumra Capital. The Class A Shares and RSUs held by the Reporting Person are held by him solely for the benefit of Qumra Capital. As such, the Reporting Person disclaims beneficial ownership of the RSUs (including the Class A Ordinary Shares underlying the RSUs) and the Class A Ordinary Shares, except to the extent of his pecuniary interest, if any, therein.
Shares sold 27,600 Class A Ordinary Shares Non-derivative sale on July 20, 2026 by Qumra Capital associated with director Shachar Erez
Weighted average sale price $5.2697 per share Shares sold in multiple transactions at prices ranging from $5.25 to $5.30
Indirect holdings after sale 1,174,381 Class A Ordinary Shares Class A Ordinary Shares held indirectly by Qumra Capital after the July 20, 2026 sale
Direct holdings including RSUs 80,053 Class A Ordinary Shares and RSUs Direct position held by Shachar Erez for the benefit of Qumra Capital
Rule 10b5-1 trading plan regulatory
"The sales reported were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units (RSUs) financial
"Includes Class A Ordinary Shares and outstanding restricted stock units (RSUs)"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of his pecuniary interest"

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FAQ

What insider transaction did RSKD disclose for Shachar Erez?

The filing shows that Qumra Capital, associated with director Shachar Erez, sold 27,600 Class A Ordinary Shares of RISKIFIED LTD. on July 20, 2026. The shares were sold at a weighted average price of $5.2697 under a pre-arranged Rule 10b5-1 trading plan.

At what prices were RSKD shares sold in this Form 4 transaction?

The reported sale used a weighted average price of $5.2697 per Class A share. Footnotes state the shares were sold in multiple trades at prices ranging from $5.25 to $5.30, with detailed trade-level data available on request from the reporting person.

How many RSKD shares does Qumra Capital hold after the reported sale?

After the July 20, 2026 transaction, Qumra Capital is shown holding 1,174,381 Class A Ordinary Shares of RISKIFIED LTD. indirectly. These holdings are attributed to Qumra Capital, with Shachar Erez disclaiming beneficial ownership except for any pecuniary interest he may have.

What direct RSKD holdings and RSUs are reported for Shachar Erez?

The Form 4 reports 80,053 Class A Ordinary Shares and outstanding RSUs held directly by Shachar Erez. Each RSU represents the right to receive one Class A Ordinary Share, and these positions are held solely for Qumra Capital’s benefit, with beneficial ownership disclaimed.

Was the RSKD share sale by Qumra Capital made under a Rule 10b5-1 plan?

Yes. Footnotes state the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Qumra Capital on March 16, 2026. This indicates the trades were pre-arranged, reducing the informational value of their specific timing for interpreting insider sentiment.

Does Shachar Erez claim full beneficial ownership of the RSKD shares and RSUs?

No. For both Qumra Capital’s shares and his reported Class A shares and RSUs, Shachar Erez disclaims beneficial ownership except to the extent of any pecuniary interest. The positions are described as being held for the benefit of Qumra Capital, not personally.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shachar Erez

(Last)(First)(Middle)
C/O RISKIFIED LTD.
220 5TH AVENUE, 2ND FLOOR

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RISKIFIED LTD. [ RSKD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Ordinary Shares07/20/2026(1)07/20/2026S27,600D$5.2697(2)1,174,381I(3)Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Class A Ordinary Shares80,053(4)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P (together, "Qumra Capital") on March 16, 2026.
2. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $5.25 to $5.30. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of Class A Ordinary Shares sold at each separate price within the range set forth in this footnote.
3. Represents Class A Ordinary Shares held by Qumra Capital. The Reporting Person is a Managing Partner of Qumra Capital. The Reporting Person disclaims beneficial ownership of the Class A Ordinary Shares held by Qumra Capital, except to the extent of his pecuniary interest, if any, therein.
4. Includes Class A Ordinary Shares and outstanding restricted stock units (RSUs) held by the Reporting Person. Each RSU represents the right to receive one Class A Ordinary shares upon vesting and settlement. The Reporting Person is a Managing Partner of Qumra Capital. The Class A Shares and RSUs held by the Reporting Person are held by him solely for the benefit of Qumra Capital. As such, the Reporting Person disclaims beneficial ownership of the RSUs (including the Class A Ordinary Shares underlying the RSUs) and the Class A Ordinary Shares, except to the extent of his pecuniary interest, if any, therein.
Remarks:
/s/ Eric Treichel, as attorney-in-fact for Erez Shachar07/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)