STOCK TITAN

Qumra Capital-linked director at Riskified (RSKD) reports 46K share sale

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

RISKIFIED LTD. director Shachar Erez reported indirect open‑market sales of Class A Ordinary Shares by entities associated with him. Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P. sold a total of 46,645 shares on June 3–4 at weighted average prices of about $4.90–$4.91 per share. After these transactions, the Qumra Capital entities held 4,627,885 shares indirectly, while Erez also had 80,053 shares and restricted stock units held directly for the benefit of Qumra Capital. He disclaims beneficial ownership of these holdings except to the extent of any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Shachar Erez
Role null
Sold 46,645 shs ($229K)
Type Security Shares Price Value
Sale Class A Ordinary Shares 44,083 $4.9009 $216K
Sale Class A Ordinary Shares 2,562 $4.901 $13K
holding Class A Ordinary Shares -- -- --
Holdings After Transaction: Class A Ordinary Shares — 4,627,885 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 price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.90 to $4.91. 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 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. 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 46,645 shares Net open-market sales on June 3–4
Sale price June 4 $4.9009 per share Weighted average price for 44,083-share sale
Sale price June 3 $4.9010 per share Weighted average price for 2,562-share sale
Indirect holdings after sale 4,627,885 shares Class A Ordinary Shares held by Qumra Capital entities
Direct holdings including RSUs 80,053 shares/RSUs Class A shares and RSUs held for benefit of Qumra Capital
Price range $4.90–$4.91 Range of individual trade prices disclosed in footnote
weighted average price financial
"The price reported is a weighted average price."
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
"disclaims beneficial ownership ... except to the extent of his pecuniary interest, if any, therein."
indirect ownership financial
"Represents Class A Ordinary Shares held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P."
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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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)
06/03/2026
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 Shares06/03/202606/03/2026S2,562D$4.901(1)4,671,968I(2)Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Class A Ordinary Shares06/04/202606/04/2026S44,083D$4.9009(1)4,627,885I(2)Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Class A Ordinary Shares80,053(3)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 price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.90 to $4.91. 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.
2. 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.
3. 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 Shachar06/05/2026
** 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 transactions did RSKD director Shachar Erez report?

Erez reported indirect open-market sales of 46,645 Class A Ordinary Shares linked to Qumra Capital entities. These trades occurred over June 3–4 at weighted average prices around $4.90–$4.91 per share, and are attributed to investment partnerships he helps manage.

At what prices were the Riskified (RSKD) shares sold in this Form 4?

The reported sales used weighted average prices of $4.9009 and $4.9010 per share. Footnotes state the actual trade prices ranged from $4.90 to $4.91, with the insider offering to provide full breakdowns of share amounts at each specific price upon request.

How many RSKD shares do the Qumra Capital entities hold after these sales?

After the reported sales, Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P. together hold 4,627,885 Class A Ordinary Shares. These holdings are reported as indirect, with director Shachar Erez acting as a managing partner of Qumra Capital rather than as the direct shareholder.

What direct holdings does Shachar Erez report in RSKD shares and RSUs?

Erez reports 80,053 Class A Ordinary Shares and restricted stock units held directly. Each RSU represents a right to receive one Class A Ordinary Share upon vesting and settlement, and these direct positions are held solely for the benefit of Qumra Capital under the disclosed arrangement.

Does Shachar Erez claim full beneficial ownership of the RSKD shares?

He disclaims beneficial ownership of both the indirectly held Class A Ordinary Shares and the RSUs, including their underlying shares. The Form 4 states he only acknowledges beneficial ownership to the extent of any pecuniary interest he may have in the Qumra Capital investment vehicles’ positions.