Riskified (NYSE: RSKD) director logs 218K sale, 1.5M-share conversion

Rhea-AI Filing Summary

RISKIFIED LTD. (RSKD) director Shachar Erez reported indirect transactions involving Qumra Capital funds. Qumra Capital sold a total of 217,907 Class A Ordinary Shares in open-market transactions on August 21 and 24, 2026, at weighted average prices around $5.89–$5.92 per share under a Rule 10b5-1 trading plan. On August 20, 2026, 1,500,000 Class B Ordinary Shares held by Qumra Capital were converted into 1,500,000 Class A Ordinary Shares. Erez reports separate direct holdings of 80,053 Class A Ordinary Shares and RSUs, held solely for the benefit of Qumra Capital, and disclaims beneficial ownership of Qumra Capital’s shares except for any pecuniary interest.

Insider Trade Summary 10b5-1

Exercise and sale activity reported; no spread calculated

Exercise and Sale 5 txns

Insider Shachar Erez

Role Director

Sold 217,907 shs ($1.29M)

Approx. gross sale proceeds $1.29M

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Class A Ordinary Shares F4, F6, F3	102,407	$5.9213	$606K
Sale	Class A Ordinary Shares F4, F5, F3	115,500	$5.8935	$681K
Conversion	Class B Ordinary Shares F2, F8	1,500,000	$0.00	$0.00
Conversion	Class A Ordinary Shares F1, F2, F3	1,500,000	--	--
holding	Class A Ordinary Shares F7	--	--	--

Holdings After Transaction: Class B Ordinary Shares — 2,359,974 shares (Indirect, Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.); Class A Ordinary Shares — 1,991,777 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)

Footnotes (8)

1. F1. Represents the conversion of Class B Ordinary Shares into Class A Ordinary Shares.
2. F2. 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. F3. 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. F4. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Qumra Capital on March 16, 2026.
5. F5. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $5.84 to $5.96. 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. F6. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $5.88 to $5.98. 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.
7. F7. 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.
8. F8. 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.

Key Figures

Class A shares sold on August 21, 2026: 115,500 shares at $5.8935 per share Class A shares sold on August 24, 2026: 102,407 shares at $5.9213 per share Total Class A shares sold in reported transactions: 217,907 shares +3 more

6 metrics

Class A shares sold on August 21, 2026 115,500 shares at $5.8935 per share Indirectly held Class A Ordinary Shares sold by Qumra Capital

Class A shares sold on August 24, 2026 102,407 shares at $5.9213 per share Indirectly held Class A Ordinary Shares sold by Qumra Capital

Total Class A shares sold in reported transactions 217,907 shares Sum of reported Class A Ordinary Share sales in August 2026

Class B shares converted to Class A 1,500,000 shares Class B Ordinary Shares converted into Class A Ordinary Shares on August 20, 2026

Class B shares held after conversion 2,359,974 shares Class B Ordinary Shares of Riskified Ltd. held by Qumra Capital after the reported conversion

Direct Class A and RSU holdings 80,053 shares/RSUs Class A Ordinary Shares and RSUs reported as held directly by the reporting person for Qumra Capital’s benefit

Key Terms

Rule 10b5-1 trading plan, pecuniary interest, restricted stock units (RSUs), Class B Ordinary Shares

4 terms

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.

pecuniary interest financial

"The Reporting Person disclaims beneficial ownership... except to the extent of his pecuniary interest"

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.

Class B Ordinary Shares financial

"Each Class B Ordinary Share is convertible at any time at the option of the holder"

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.

FAQ

What insider activity did RSKD director Shachar Erez report in this Form 4?

Shachar Erez reported indirect transactions through Qumra Capital, including sales of 217,907 Class A Ordinary Shares in August 2026 and the conversion of 1,500,000 Class B Ordinary Shares into Class A Ordinary Shares. These positions are held by Qumra Capital, not personally by Erez.

How many RSKD Class A shares were sold and at what prices?

Qumra Capital sold 115,500 Class A Ordinary Shares on August 21, 2026 at a weighted average price of $5.8935 and 102,407 Class A Ordinary Shares on August 24, 2026 at a weighted average price of $5.9213, as reported by director Shachar Erez.

What conversion of RSKD shares was reported in this filing?

On August 20, 2026, Qumra Capital converted 1,500,000 Class B Ordinary Shares into 1,500,000 Class A Ordinary Shares. Each Class B share is convertible into one Class A share at any time at the holder’s option and has no expiration date.

Were the RSKD share sales made under a Rule 10b5-1 plan?

Yes. The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Qumra Capital on March 16, 2026, indicating the trades followed a pre-arranged schedule rather than discretionary timing.

Does Shachar Erez personally own the RSKD shares reported?

The Class A and Class B shares are held by Qumra Capital funds. Erez, a Managing Partner of Qumra Capital, disclaims beneficial ownership of those shares except for any pecuniary interest. He also reports 80,053 Class A shares and RSUs held solely for Qumra Capital’s benefit.

What RSKD holdings does the Form 4 show for the reporting person after these transactions?

The Form 4 reports 2,359,974 Class B Ordinary Shares of Riskified Ltd. held by Qumra Capital after the conversion transaction and 80,053 Class A Ordinary Shares and RSUs held directly by the reporting person solely for Qumra Capital’s benefit.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/25/2026 - 04:20 PM Accepted by SEC EDGAR 08/25/2026 - 04:20 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares	08/20/2026		C(1)		1,500,000	A	(2)	2,209,684	I(3)	Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Class A Ordinary Shares	08/21/2026(4)	08/21/2026	S		115,500	D	$5.8935(5)	2,094,184	I(3)	Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Class A Ordinary Shares	08/24/2026(4)	08/24/2026	S		102,407	D	$5.9213(6)	1,991,777	I(3)	Held by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P.
Class A Ordinary Shares								80,053(7)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Ordinary Shares	$0(2)	08/20/2026		C			1,500,000	(2)	(2)	Class A Ordinary Shares	1,500,000	$0	2,359,974	I(8)	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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Qumra Capital on March 16, 2026.

5. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $5.84 to $5.96. 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. The price reported is a weighted average price. These Class A Ordinary Shares were sold in multiple transactions at prices ranging from $5.88 to $5.98. 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.

7. 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.

8. 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 Shachar	08/25/2026
	** Signature of Reporting Person	Date
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)