Riskified (RSKD) Director Shachar Erez Sells 456,600 Shares

What Happened
Shachar Erez, a director and Managing Partner of Qumra Capital, reported open-market sales of a total 456,600 Class A ordinary shares of Riskified (RSKD) on Aug 27–28, 2026. The two disposals were: 289,400 shares at a weighted average price of $6.12 (proceeds ~$1,770,318; prices in that block ranged $6.06–$6.19) and 167,200 shares at a weighted average price of $6.30 (proceeds ~$1,052,541; prices in that block ranged $6.12–$6.36). Total reported proceeds ≈ $2,822,859. These were sales (not purchases).

Key Details

• Transaction dates: 2026-08-27 (289,400 shares) and 2026-08-28 (167,200 shares).
• Weighted average prices: $6.12 (first sale, range $6.06–$6.19) and $6.30 (second sale, range $6.12–$6.36).
• Total shares sold: 456,600; total proceeds ≈ $2,822,859.
• Controlled-entity selling plan: Sales were made pursuant to a Rule 10b5-1 trading plan adopted by Qumra Capital on March 16, 2026.
• Ownership after transaction: The filing indicates these shares (and certain RSUs) are held by Qumra Capital; Mr. Erez is a Managing Partner and disclaims beneficial ownership except to the extent of any pecuniary interest. The Form 4 does not report separate direct beneficial ownership numbers.
• Filing: Report filed 2026-08-31 covering the Aug 27–28 transactions. (No late-filing indication in the filing.)

Context

• These transactions were sales by an entity (Qumra Capital) under a pre-established 10b5-1 plan; the reporting person is the managing partner for that entity and disclaims direct beneficial ownership except for any pecuniary interest. Sales under 10b5-1 plans are pre-arranged and generally viewed as routine liquidity actions rather than a real-time signal of insider sentiment.