STOCK TITAN

Riskified (RSKD) director-linked fund’s 10b5-1 sales total 701K shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
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 open-market sales of a combined 701,449 Class A Ordinary Shares at prices around $5 per share.

The sales, on July 1 and July 2, 2026, were executed under a pre-arranged Rule 10b5-1 trading plan adopted by Qumra Capital. Following these transactions, Qumra Capital continued to hold 1,928,427 Class A Ordinary Shares, while Erez also reported 80,053 Class A Ordinary Shares held directly, including restricted stock units, which he states are held solely for the benefit of Qumra Capital.

Positive

  • None.

Negative

  • None.

Insights

Pre-planned fund sales tied to a director, with sizeable holdings remaining.

The filing shows Qumra Capital, an investment entity associated with director Shachar Erez, sold 701,449 Riskified Class A shares in open-market trades around $5 per share. These transactions were carried out under a pre-established Rule 10b5-1 trading plan, indicating they were scheduled in advance.

After the sales, Qumra Capital still held 1,928,427 shares, and Erez reported an additional 80,053 shares held directly, including RSUs, for Qumra Capital’s benefit. The pattern looks like routine portfolio management by a fund rather than a directional change in exposure, and the absence of derivatives suggests no remaining option position in this filing.

Insider Shachar Erez
Role null
Sold 701,449 shs ($3.54M)
Type Security Shares Price Value
Sale Class A Ordinary Shares 265,549 $5.079 $1.35M
Sale Class A Ordinary Shares 435,900 $5.0179 $2.19M
holding Class A Ordinary Shares -- -- --
Holdings After Transaction: Class A Ordinary Shares — 1,928,427 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)
  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 $4.98 to $5.08. 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 $5.01 to $5.18. 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.
Shares sold July 1, 2026 435,900 shares at $5.0179 Open-market sale by Qumra Capital
Shares sold July 2, 2026 265,549 shares at $5.0790 Open-market sale by Qumra Capital
Total shares sold 701,449 shares Net-sell across reported transactions
Indirect holdings after sales 1,928,427 shares Class A Ordinary Shares held by Qumra Capital after transactions
Direct holdings including RSUs 80,053 shares Class A shares and RSUs reported as directly held for Qumra Capital’s benefit
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan..."
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..."
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..."
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
"except to the extent of his pecuniary interest, if any, therein."
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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).
X
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)
07/01/2026
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 Shares07/01/2026(1)07/01/2026S435,900D$5.0179(2)2,193,976I(3)Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Class A Ordinary Shares07/02/2026(1)07/02/2026S265,549D$5.079(4)1,928,427I(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
Explanation of Responses:
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.
2. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.98 to $5.08. 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.
3. 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.
4. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $5.01 to $5.18. 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.
Remarks:
/s/ Eric Treichel, as attorney-in-fact for Erez Shachar07/06/2026
** 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)

FAQ

What insider transaction did RISKIFIED LTD. (RSKD) report for Shachar Erez?

RISKIFIED LTD. reported that entities associated with director Shachar Erez, collectively called Qumra Capital, sold 701,449 Class A Ordinary Shares in open-market transactions around $5 per share. These disposals occurred on July 1 and July 2, 2026, according to the Form 4 filing.

Who actually sold Riskified (RSKD) shares in this Form 4 filing?

The selling shareholders were Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P., collectively Qumra Capital, investment entities with which director Shachar Erez is associated. The filing states he is a Managing Partner of Qumra Capital and disclaims beneficial ownership except for any pecuniary interest.

How many Riskified (RSKD) shares did Qumra Capital sell and at what prices?

Qumra Capital sold a total of 701,449 Class A Ordinary Shares. One block of 435,900 shares was sold at a weighted average price of $5.0179, and another 265,549 shares at a weighted average price of $5.079, across multiple trades within disclosed price ranges.

Were the Riskified (RSKD) insider sales by Qumra Capital pre-planned?

Yes. The filing specifies that the sales were effected under a Rule 10b5-1 trading plan adopted by Qumra Capital on March 16, 2026. Such plans schedule trades in advance, reducing the significance of short-term market timing for interpreting insider intentions.

How many Riskified (RSKD) shares does Qumra Capital hold after these sales?

After the reported sales, Qumra Capital held 1,928,427 Class A Ordinary Shares. The Form 4 also shows 80,053 Class A Ordinary Shares, including RSUs, reported as directly held by Shachar Erez but described as being held solely for Qumra Capital’s benefit.

What is notable about the RSUs mentioned in the Riskified (RSKD) Form 4?

The Form 4 explains that the directly reported holdings include restricted stock units (RSUs), each representing one Class A share upon vesting and settlement. These RSUs and the underlying shares are stated to be held solely for Qumra Capital’s benefit, with beneficial ownership disclaimed except for any pecuniary interest.