Riskified (NYSE: RSKD) executive has 118,867 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RISKIFIED LTD. executive Kumaraswami Ravi had 118,867 Class A Ordinary Shares withheld on July 6, 2026 to cover tax obligations from vesting restricted stock units. This was a tax-withholding disposition, not an open-market trade. After the withholding, he directly holds 1,746,246 Class A Ordinary Shares and RSUs in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kumaraswami Ravi
Role
Pres. Worldwide Field Ops.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 118,867 | $5.02 | $597K |
Holdings After Transaction:
Class A Ordinary Shares — 1,746,246 shares (Direct, null)
Footnotes (1)
- Reflects Class A Ordinary Shares of the Issuer withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units previously reported by the Reporting Person. 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 Share upon vesting and settlement.
Key Figures
Shares withheld for taxes: 118,867 shares
Withholding reference price: $5.02 per share
Post-transaction holdings: 1,746,246 shares and RSUs
3 metrics
Shares withheld for taxes
118,867 shares
Tax-withholding disposition on July 6, 2026
Withholding reference price
$5.02 per share
Value used for tax-withholding Class A Ordinary Shares
Post-transaction holdings
1,746,246 shares and RSUs
Total Class A Ordinary Shares and RSUs after transaction
Key Terms
restricted stock units, Class A Ordinary Shares, tax liability
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units previously reported"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"withheld to cover the Reporting Person's tax liability in connection"
FAQ
What did Riskified (RSKD) executive Kumaraswami Ravi report in this Form 4?
Kumaraswami Ravi reported that 118,867 Class A Ordinary Shares were withheld to pay taxes due on vested restricted stock units. This is a non-market tax-withholding disposition, not an open-market purchase or sale of Riskified shares.
What do the footnotes in the Riskified (RSKD) Form 4 explain about this transaction?
The footnotes state the shares were withheld solely to cover tax liability from RSU vesting and that the reported post-transaction balance includes both Class A Ordinary Shares and outstanding RSUs, each RSU convertible into one share upon vesting and settlement.