Riskified (NYSE: RSKD) fund sells 129,149 shares under 10b5-1 plan
Rhea-AI Filing Summary
For Riskified Ltd. (RSKD), entities affiliated with director Shachar Erez (Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.) executed open‑market sales of 129,149 Class A Ordinary Shares on July 8–9, 2026 under a Rule 10b5-1 trading plan. The funds sold 64,349 shares at $5.1760 on July 8 and 64,800 shares at $5.2221 on July 9. After these sales, Qumra Capital held 1,496,621 Class A shares indirectly associated with Erez, while he also held 80,053 Class A shares directly, including RSUs, which he states are held solely for Qumra Capital’s benefit.
Positive
- None.
Negative
- None.
Insights
Pre-planned sales by a director-affiliated fund trim, but do not exit, exposure.
Entities affiliated with director Shachar Erez through Qumra Capital sold 129,149 Class A shares of Riskified Ltd. in open-market transactions on July 8–9, 2026. The trades were executed under a Rule 10b5-1 trading plan adopted on March 16, 2026, indicating they were pre-scheduled rather than opportunistic.
Following the sales, Qumra Capital still held 1,496,621 Class A shares, and Erez also had 80,053 Class A shares (including RSUs) recorded as direct holdings for Qumra Capital’s benefit. Footnote disclosures state that Erez disclaims beneficial ownership beyond any pecuniary interest, so these trades are better viewed as portfolio management by Qumra Capital than as a personal stake change. The use of a 10b5‑1 plan typically reduces the informational content of the timing of these sales.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares | 64,800 | $5.2221 | $338K |
| Sale | Class A Ordinary Shares | 64,349 | $5.176 | $333K |
| holding | Class A Ordinary Shares | -- | -- | -- |
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 $5.15 to $5.21. 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 $5.09 to $5.26. 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.