RISKIFIED (RSKD) Director Shachar Erez Sells 5,586 Shares

What Happened
Shachar Erez, a director and Managing Partner of Qumra Capital, sold 5,586 Class A ordinary shares of Riskified on July 27, 2026. The shares were disposed in open-market transactions for a total of approximately $29,343, at a weighted average price of $5.25 per share (prices ranged $5.25–$5.27). This was a sale (not a purchase), which is often routine and does not by itself indicate company outlook.

Key Details

• Transaction date: July 27, 2026. Form filed July 29, 2026 (timely under the two-business-day rule).
• Transaction type/code: Sale (S) — open market / private sale.
• Quantity and price: 5,586 shares at a weighted average $5.25; individual trades ranged $5.25–$5.27.
• Total proceeds: ~$29,343.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Qumra Capital on March 16, 2026.
  • Reporting person is a Managing Partner of Qumra Capital; the filing disclaims beneficial ownership of the shares and RSUs held by Qumra Capital except to the extent of any pecuniary interest.

Context
The shares were held and sold through Qumra Capital entities under a pre-established 10b5-1 plan, and the filer disclaims beneficial ownership of those assets (institutional holdings rather than a direct personal trade). Sales under 10b5-1 plans are typically scheduled in advance and often reflect preplanned liquidity rather than a director’s timely market view.