STOCK TITAN

Riskified director fund sells 100K shares at $6.47

A Riskified director’s affiliated funds converted 2.36 million Class B shares to Class A and sold 100,000 Class A shares in early September 2026.

(High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

RISKIFIED LTD. (RSKD) director Shachar Erez, through entities Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P., reported a conversion and a sale involving the company’s ordinary shares. On September 1, 2026, Qumra Capital converted 2,359,974 Class B Ordinary Shares into 2,359,974 Class A Ordinary Shares; each Class B share is convertible into one Class A share and has no expiration date, and Class B shares also convert automatically into Class A in certain circumstances described in Riskified’s Amended and Restated Articles of Association.

On September 2, 2026, Qumra Capital sold 100,000 Class A Ordinary Shares in transactions reported at a weighted average price of $6.4686 per share, with individual sale prices ranging from $6.15 to $6.68. These holdings and transactions are reported as indirect ownership; Erez is a Managing Partner of Qumra Capital and disclaims beneficial ownership of the shares held by Qumra Capital except to the extent of any pecuniary interest. A separate holding line shows 80,053 Class A Ordinary Shares (including RSUs) held directly by Erez solely for the benefit of Qumra Capital, subject to the same beneficial ownership disclaimer. No Rule 10b5-1 trading plan is reported.

Positive

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Insights

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Insider Shachar Erez
Role Director
Sold 100,000 shs ($647K)
Approx. gross sale proceeds $647K
Approx. exercise cost $0.00
Type Security Shares Price Value
Sale Class A Ordinary Shares F4, F3 100,000 $6.4686 $647K
Conversion Class B Ordinary Shares F2, F6 2,359,974 $0.00 $0.00
Conversion Class A Ordinary Shares F1, F2, F3 2,359,974 -- --
holding Class A Ordinary Shares F5 -- -- --
Holdings After Transaction: Class B Ordinary Shares — 0 contracts (Indirect, Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.); Class A Ordinary Shares — 3,456,054 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 (6)
  1. F1. Represents the conversion of Class B Ordinary Shares into Class A Ordinary Shares.
  2. F2. Each Class B Ordinary Share is convertible at any time at the option of the holder into one Class A Ordinary Share and has no expiration date. In addition, each Class B Ordinary Share 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.
  3. F3. 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.
  4. F4. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $6.15 to $6.68. 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.
  5. F5. 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.
  6. F6. 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.
Class A shares sold 100,000 shares Class A Ordinary Shares sold indirectly by Qumra Capital on September 2, 2026
Weighted average sale price $6.4686 per share Weighted average for 100,000 Class A Ordinary Shares sold, with trade prices from $6.15 to $6.68
Class B shares converted 2,359,974 shares Class B Ordinary Shares converted into an equal number of Class A Ordinary Shares on September 1, 2026
Conversion ratio 1 Class A share for each Class B share Each Class B Ordinary Share is convertible at any time at the holder’s option
Direct Class A and RSU holdings line 80,053 shares Total Class A Ordinary Shares and RSUs shown as held directly by the reporting person for the benefit of Qumra Capital
Class A Ordinary Shares financial
"Represents Class A Ordinary Shares held by Qumra Capital I L.P."
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
Class B Ordinary Shares financial
"Represents Class B Ordinary Shares held by Qumra Capital."
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
restricted stock units (RSUs) financial
"Includes Class A Ordinary Shares and outstanding restricted stock units (RSUs) held"
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
"except to the extent of his pecuniary interest, if any, therein."

FAQ

What insider transactions did RSKD director Shachar Erez report in this Form 4?

He reported that Qumra Capital converted 2,359,974 Class B Ordinary Shares into 2,359,974 Class A Ordinary Shares on September 1, 2026, and that Qumra Capital sold 100,000 Class A Ordinary Shares on September 2, 2026 at a weighted average price of $6.4686 per share.

At what prices were the 100,000 RSKD Class A shares sold?

The 100,000 Class A Ordinary Shares were sold at a weighted average price of $6.4686 per share, in multiple transactions with prices ranging from $6.15 to $6.68 per share, as reported in the Form 4 footnote.

How many RSKD Class B shares were converted and on what basis?

Qumra Capital converted 2,359,974 Class B Ordinary Shares into 2,359,974 Class A Ordinary Shares on September 1, 2026. Each Class B share is convertible at any time at the holder’s option into one Class A share and has no expiration date, and may also convert automatically in specified circumstances.

Does Shachar Erez personally own the RSKD shares reported in the Form 4?

The shares are held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.. Shachar Erez, a Managing Partner of Qumra Capital, disclaims beneficial ownership of these shares except to the extent of any pecuniary interest he may have in them.

What RSKD holdings are reported as directly held by Shachar Erez?

A holding line shows 80,053 Class A Ordinary Shares, which includes Class A shares and outstanding RSUs held by Erez. These are held solely for the benefit of Qumra Capital, and he disclaims beneficial ownership of the shares and RSUs except to the extent of any pecuniary interest.

Was a Rule 10b5-1 trading plan used for these RSKD transactions?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked as affirmed, and the footnotes do not state that the reported transactions were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.

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Learn about SEC filing dates
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).
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)
09/01/2026
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 Shares09/01/2026C(1)2,359,974A(2)3,556,054I(3)Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Class A Ordinary Shares09/02/202609/02/2026S100,000D$6.4686(4)3,456,054I(3)Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Class A Ordinary Shares80,053(5)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
Class B Ordinary Shares$0(2)09/01/2026C2,359,974 (2) (2)Class A Ordinary Shares2,359,974$00I(6)Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Explanation of Responses:
1. Represents the conversion of Class B Ordinary Shares into Class A Ordinary Shares.
2. Each Class B Ordinary Share is convertible at any time at the option of the holder into one Class A Ordinary Share and has no expiration date. In addition, each Class B Ordinary Share 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.
3. 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.
4. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $6.15 to $6.68. 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.
5. 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.
6. 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.
Remarks:
/s/ Eric Treichel, as attorney-in-fact for Erez Shachar09/03/2026
** 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)