Riskified (RSKD) Director Shachar Erez Sells 106,431 Shares

What Happened

• Shachar Erez, a Director and Managing Partner of Qumra Capital, sold a total of 106,431 Class A Ordinary Shares of Riskified in two open-market transactions: 24,328 shares on 2026-07-10 (weighted avg price $5.22; proceeds ~$126,958) and 82,103 shares on 2026-07-13 (weighted avg price $5.21; proceeds ~$428,167). Combined proceeds were about $555,125. These were sales (not purchases) and appear to be routine dispositions executed under a prearranged trading plan.

Key Details

• Transaction dates and reported weighted-average prices:
  • 2026-07-10 — 24,328 shares @ weighted avg $5.22 (proceeds ~$126,958). Footnote: prices ranged $5.15–$5.32.
  • 2026-07-13 — 82,103 shares @ weighted avg $5.21 (proceeds ~$428,167). Footnote: prices ranged $5.15–$5.28.
• Total sold: 106,431 shares for ~ $555,125.
• These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Qumra Capital on March 16, 2026 (Footnote F1).
• Shares are held by Qumra Capital (Footnotes F3, F5); Erez is a Managing Partner and disclaims beneficial ownership except to the extent of any pecuniary interest.
• The filing was made 2026-07-14 reporting trades on 2026-07-10 and 2026-07-13 (no late-filing flag provided).

Context

• Because the trades were done under a 10b5-1 plan and the shares are held by Qumra Capital (an institutional vehicle), these sales likely reflect pre-set plan instructions or institutional portfolio activity rather than an ad hoc personal trade by the director. The reporting person disclaims beneficial ownership of the holdings except for any pecuniary interest, which is important for interpreting insider intent.