Qumra Capital, tied to RISKIFIED (RSKD) director, sells 176,804 shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RISKIFIED LTD. director Shachar Erez, through investment entities Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P., reported pre-planned open-market sales of a total of 176,804 Class A Ordinary Shares. The trades occurred on June 18 and June 22, 2026 under a Rule 10b5-1 trading plan adopted by Qumra Capital on March 16, 2026.
The June 18 sale covered 101,600 shares at a weighted average price of $4.9278, in transactions ranging from $4.88 to $4.97. The June 22 sale covered 75,204 shares at a weighted average price of $4.9219, in trades between $4.85 and $5.00. After these indirect sales, Qumra Capital remained reported as holding 4,005,766 Class A Ordinary Shares, while Erez is also shown with 80,053 Class A Ordinary Shares and outstanding restricted stock units, which he holds solely for the benefit of Qumra Capital and for which he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 176,804 shares ($870,811)
Net Sell
3 txns
Insider
Shachar Erez
Role
null
Sold
176,804 shs ($871K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares | 75,204 | $4.9219 | $370K |
| Sale | Class A Ordinary Shares | 101,600 | $4.9278 | $501K |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 3,930,562 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 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. 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 $4.97. 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. 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 $4.85 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: 176,804 shares
June 18 weighted average price: $4.9278 per share
June 18 price range: $4.88–$4.97
+4 more
7 metrics
Total shares sold
176,804 shares
Open-market sales on June 18 and June 22, 2026
June 18 weighted average price
$4.9278 per share
Sale of 101,600 Class A Ordinary Shares
June 18 price range
$4.88–$4.97
Multiple transactions for Class A Ordinary Shares
June 22 weighted average price
$4.9219 per share
Sale of 75,204 Class A Ordinary Shares
June 22 price range
$4.85–$5.00
Multiple transactions for Class A Ordinary Shares
Indirect shares held after sales
4,005,766 shares
Class A Ordinary Shares held by Qumra Capital
Direct holdings and RSUs
80,053 shares/RSUs
Class A Ordinary Shares and RSUs associated with Erez as of June 18, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, restricted stock units (RSUs), pecuniary interest, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Qumra Capital..."
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..."
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.
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership ... except to the extent of his pecuniary interest, if any, therein."
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of the Class A Ordinary Shares held by Qumra Capital..."
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.
FAQ
What insider transactions did RISKIFIED (RSKD) report for Shachar Erez?
RISKIFIED reported that entities associated with director Shachar Erez, Qumra Capital I and its continuation fund, sold 176,804 Class A Ordinary Shares in open-market trades on June 18 and June 22, 2026, under a pre-arranged Rule 10b5-1 trading plan.
Was the RISKIFIED (RSKD) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states that the June 2026 sales by Qumra Capital were effected pursuant to a Rule 10b5-1 trading plan adopted by Qumra Capital on March 16, 2026, indicating the trades were pre-planned rather than discretionary.
What direct RISKIFIED (RSKD) holdings are reported for Shachar Erez?
As of June 18, 2026, the filing shows 80,053 Class A Ordinary Shares and outstanding restricted stock units associated with Shachar Erez. The footnotes explain these are held solely for the benefit of Qumra Capital, and he disclaims beneficial ownership except for any pecuniary interest.