Riskified director tied to Qumra sells 218K shares
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Form Type
4
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 contracts (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)
- F1. Represents the conversion of Class B Ordinary Shares into Class A Ordinary Shares.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
