STOCK TITAN

Qumra Capital trims Riskified (RSKD) stake after share conversion

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

Rhea-AI Filing Summary

RISKIFIED LTD. director Shachar Erez reported transactions tied to entities he manages at Qumra Capital. Qumra Capital converted 1,000,000 Class B Ordinary Shares into 1,000,000 Class A Ordinary Shares and then sold a total of 105,474 Class A Ordinary Shares in open-market trades around $4.81 per share.

After these trades, Qumra Capital held 5,158,615 Class A Ordinary Shares and 4,359,974 Class B Ordinary Shares indirectly. Erez also has 80,053 Class A Ordinary Shares and RSUs held directly for the benefit of Qumra Capital, and he disclaims beneficial ownership of these holdings except for any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Shachar Erez
Role null
Sold 105,474 shs ($508K)
Type Security Shares Price Value
Sale Class A Ordinary Shares 60,797 $4.8149 $293K
Conversion Class B Ordinary Shares 1,000,000 $0.00 --
Conversion Class A Ordinary Shares 1,000,000 $0.00 --
Sale Class A Ordinary Shares 44,677 $4.808 $215K
holding Class A Ordinary Shares -- -- --
Holdings After Transaction: Class A Ordinary Shares — 5,158,615 shares (Indirect, Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.); Class B Ordinary Shares — 4,359,974 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. Represents the conversion of Class B Ordinary Shares into Class A Ordinary Shares. Each Class B Ordinary Share is convertible at any time at the option of the holder into one Class A Ordinary Share and has no expiration date. In addition, each Class B Ordinary Share will convert automatically into one Class A Ordinary Share upon the sale or transfer of such Class B Ordinary Share, subject to certain exceptions, and in certain other circumstances described in the Issuer's Amended and Restated Articles of Association. 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. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.80 to $4.84. 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. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.80 to $4.86. 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. Represents Class B Ordinary Shares held by Qumra Capital. The Reporting Person disclaims beneficial ownership of the Class B Ordinary Shares held by Qumra Capital, except to the extent of his pecuniary interest, if any, therein.
Class A shares sold 105,474 shares Open-market sales of Class A Ordinary Shares
First sale block 60,797 shares at $4.8149 Weighted average price, Class A Ordinary Shares
Second sale block 44,677 shares at $4.8080 Weighted average price, Class A Ordinary Shares
Converted shares 1,000,000 shares Class B converted into Class A Ordinary Shares
Indirect Class A held 5,158,615 shares Class A Ordinary Shares held indirectly after transactions
Class B held 4,359,974 shares Class B Ordinary Shares held indirectly after conversion
Direct holdings and RSUs 80,053 Class A/RSUs Direct Class A shares and RSUs held for Qumra Capital
Class B Ordinary Shares financial
"Represents Class B Ordinary Shares held by Qumra Capital."
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
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)."
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.
derivative conversion financial
"Transaction action is described as a derivative conversion."
pecuniary interest financial
"Erez disclaims beneficial ownership except to the extent of his pecuniary interest."
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)
05/21/2026
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 Shares05/21/2026C(1)1,000,000A(2)5,264,089I(3)Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Class A Ordinary Shares05/21/202605/21/2026S44,677D$4.808(4)5,219,412I(3)Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Class A Ordinary Shares05/22/202605/22/2026S60,797D$4.8149(5)5,158,615I(3)Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Class A Ordinary Shares80,053(6)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
Class B Ordinary Shares$0(2)05/21/2026C(1)1,000,000 (2) (2)Class A Ordinary Shares1,000,000$04,359,974I(7)Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Explanation of Responses:
1. Represents the conversion of Class B Ordinary Shares into Class A Ordinary Shares.
2. Each Class B Ordinary Share is convertible at any time at the option of the holder into one Class A Ordinary Share and has no expiration date. In addition, each Class B Ordinary Share will convert automatically into one Class A Ordinary Share upon the sale or transfer of such Class B Ordinary Share, subject to certain exceptions, and in certain other circumstances described in the Issuer's Amended and Restated Articles of Association.
3. 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.
4. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.80 to $4.84. 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. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $4.80 to $4.86. 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.
6. 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.
7. Represents Class B Ordinary Shares held by Qumra Capital. The Reporting Person disclaims beneficial ownership of the Class B Ordinary Shares held by Qumra Capital, except to the extent of his pecuniary interest, if any, therein.
Remarks:
/s/ Eric Treichel, as attorney-in-fact for Erez Shachar05/26/2026
** 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 RISKIFIED (RSKD) report for Shachar Erez?

RISKIFIED reported that entities associated with director Shachar Erez converted 1,000,000 Class B shares into Class A shares and sold 105,474 Class A shares in open-market trades, while retaining multi-million share positions in both classes.

How many RISKIFIED (RSKD) shares were sold in the latest Form 4?

Associated entities sold 105,474 Class A Ordinary Shares. These consisted of 44,677 shares at a weighted average price of $4.8080 and 60,797 shares at a weighted average price of $4.8149, executed across multiple transactions within narrow price ranges.

What share conversion did RISKIFIED (RSKD) disclose in this Form 4?

The filing shows a conversion of 1,000,000 Class B Ordinary Shares into 1,000,000 Class A Ordinary Shares. Each Class B share is convertible into one Class A share at any time, and also converts automatically in certain transfer and corporate circumstances.

What are Qumra Capital’s RISKIFIED (RSKD) holdings after these transactions?

After the reported trades, Qumra Capital held 5,158,615 Class A Ordinary Shares and 4,359,974 Class B Ordinary Shares indirectly. These figures reflect the impact of both the 1,000,000-share conversion and the open-market sales disclosed in the Form 4.

Does Shachar Erez personally own the RISKIFIED (RSKD) shares reported?

The filing explains that most shares are held by Qumra Capital entities, where Erez is a managing partner. He disclaims beneficial ownership of those holdings and related RSUs except for any pecuniary interest he may have in those investment vehicles.

What does the weighted average sale price mean in the RISKIFIED (RSKD) Form 4?

Weighted average sale prices of $4.8080 and $4.8149 reflect multiple trades within price ranges from $4.80 to $4.86. The insider undertakes to provide detailed breakdowns of shares sold at each separate price upon request to investors or regulators.