Qumra Capital tied to Riskified (RSKD) sells 357,559 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RISKIFIED LTD. director-affiliated funds reported open-market sales of Class A Ordinary Shares. Entities identified as Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P., associated with director Shachar Erez, sold a total of 357,559 shares on June 16–17, 2026 at weighted average prices around $4.88–$5.00 per share.
These sales were executed under a Rule 10b5-1 trading plan adopted on March 16, 2026. After the transactions, indirect holdings reported for these entities were 4,107,366 Class A shares, and Erez’s direct holdings were 80,053 Class A shares, including restricted stock units held for the benefit of Qumra Capital, with beneficial ownership disclaimed except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Director-linked funds sold 357,559 Riskified shares under a pre-set 10b5-1 plan.
Affiliates of director Shachar Erez, namely Qumra Capital I L.P. and its continuation fund, executed open-market sales totaling 357,559 Class A Ordinary Shares at prices near $5. These are discretionary sales, not option exercises or tax events.
The filing notes the trades occurred under a Rule 10b5-1 trading plan adopted on March 16, 2026, indicating they were pre-scheduled. Following the sales, the entities still report 4,107,366 indirectly held shares and 80,053 directly held shares, suggesting a large remaining position and framing the activity as a partial, planned reduction rather than a full exit.
Insider Trade Summary 10b5-1
Net Seller: 357,559 shares ($1,769,084)
Net Sell
4 txns
Insider
Shachar Erez
Role
null
Sold
357,559 shs ($1.77M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares | 96,100 | $4.9375 | $474K |
| Sale | Class A Ordinary Shares | 144,459 | $4.9583 | $716K |
| Sale | Class A Ordinary Shares | 117,000 | $4.9429 | $578K |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 4,107,366 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, null)
Footnotes (1)
- The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.92 to $4.99. 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. Represents Class A Ordinary Shares held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P (together, "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. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 16, 2026. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.88 to $4.99. 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. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.88 to $5.00. 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. 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.
Key Figures
Total shares sold: 357,559 shares
Sale on June 17, 2026: 96,100 shares at $4.9375
Sale on June 16, 2026: 117,000 shares at $4.9429
+3 more
6 metrics
Total shares sold
357,559 shares
Net open-market sales reported in this Form 4
Sale on June 17, 2026
96,100 shares at $4.9375
Open-market sale of Class A Ordinary Shares
Sale on June 16, 2026
117,000 shares at $4.9429
Indirect open-market sale via Qumra Capital entities
Additional June 16, 2026 sale
144,459 shares at $4.9583
Indirect open-market sale via Qumra Capital entities
Indirect holdings after trades
4,107,366 shares
Class A Ordinary Shares held indirectly by Qumra Capital entities
Direct holdings after trades
80,053 shares
Class A Ordinary Shares and RSUs held directly by reporting person
Key Terms
Rule 10b5-1 trading plan, weighted average price, restricted stock units (RSUs), beneficial ownership, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 16, 2026."
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. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.92 to $4.99."
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) held by the Reporting Person."
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.
beneficial ownership regulatory
"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."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"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."
FAQ
Does this Riskified (RSKD) Form 4 include any option exercises or derivative transactions?
No. The Form 4 reports only non-derivative open-market sales of Class A Ordinary Shares. The derivative section is empty, and the transaction summary shows zero derivative exercises or other derivative-related transactions in this filing.