Qumra Capital, tied to Riskified (RSKD) director, sells and converts shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RISKIFIED LTD. director Shachar Erez reported transactions mainly by Qumra Capital funds he helps manage. Qumra Capital sold 81,762 and 109,462 Class A Ordinary Shares at weighted average prices of $4.87 and $4.93 per share, while converting 500,000 Class B Ordinary Shares into 500,000 Class A Ordinary Shares. After these moves, indirect holdings reported for Qumra Capital were 4,696,049 Class A shares and Erez also reported 80,053 Class A shares held directly, which include restricted stock units. Erez disclaims beneficial ownership of the fund-held shares except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 191,224 shares ($937,181)
Net Sell
5 txns
Insider
Shachar Erez
Role
null
Sold
191,224 shs ($937K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares | 81,762 | $4.8665 | $398K |
| Conversion | Class B Ordinary Shares | 500,000 | $0.00 | -- |
| Conversion | Class A Ordinary Shares | 500,000 | $0.00 | -- |
| Sale | Class A Ordinary Shares | 109,462 | $4.9267 | $539K |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 4,696,049 shares (Indirect, Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.);
Class B Ordinary Shares — 3,859,974 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)
- Represents the conversion of Class B Ordinary Shares into Class A Ordinary Shares. Each Class B Ordinary Share is convertible at any time at the option of the Reporting Person into one Class A Ordinary Share and has no expiration date. In addition, each Class B Ordinary Share held by the Reporting Person will convert automatically into one Class A Ordinary Share upon the sale or transfer of such Class B Ordinary Share, subject to certain exceptions, and in certain other circumstances described in the Issuer's Amended and Restated Articles of Association. 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. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.84 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. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.80 to $4.93. 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. Represents Class B Ordinary Shares held by Qumra Capital. The Reporting Person disclaims beneficial ownership of the Class B Ordinary Shares held by Qumra Capital, except to the extent of his pecuniary interest, if any, therein.
Key Figures
Open-market sale 1: 81,762 shares at $4.8665
Open-market sale 2: 109,462 shares at $4.9267
Class B to Class A conversion: 500,000 shares at $0.00
+5 more
8 metrics
Open-market sale 1
81,762 shares at $4.8665
Class A Ordinary Shares sold on 2026-06-11
Open-market sale 2
109,462 shares at $4.9267
Class A Ordinary Shares sold on 2026-06-10
Class B to Class A conversion
500,000 shares at $0.00
Class B converted into Class A on 2026-06-10
Indirect Class A holdings
4,696,049 shares
Class A Ordinary Shares indirectly held after 2026-06-11
Direct Class A holdings
80,053 shares
Class A Ordinary Shares (including RSUs) held directly as of 2026-06-10
Net shares sold
191,224 shares
Net Class A shares sold across reported open-market transactions
Sale price range 1
$4.84–$5.00
Price range for one Class A sale batch
Sale price range 2
$4.80–$4.93
Price range for another Class A sale batch
Key Terms
Class B Ordinary Shares, weighted average price, restricted stock units (RSUs), derivative security, +1 more
5 terms
weighted average price financial
"The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions..."
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.
derivative security financial
"Conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership... except to the extent of his pecuniary interest, if any, therein."
FAQ
What insider transactions did Riskified (RSKD) report for Shachar Erez?
Riskified reported that funds affiliated with director Shachar Erez sold Class A Ordinary Shares and converted Class B into Class A shares. Erez also reported a separate direct holding that includes Class A shares and restricted stock units.
What are Shachar Erez’s reported holdings in Riskified (RSKD) after these transactions?
After the reported transactions, indirect holdings for Qumra Capital were 4,696,049 Class A Ordinary Shares. Separately, Erez reported 80,053 Class A Ordinary Shares held directly, a figure that also includes outstanding restricted stock units according to the footnotes.