Riskified (RSKD) Director Shachar Erez Sells Shares

What Happened Shachar Erez, a director and Managing Partner of Qumra Capital, sold a total of 103,603 Class A ordinary shares of Riskified Ltd. in open-market transactions. The filing reports sales of 100,000 shares on 2026-08-31 at a weighted average price of $6.29 (proceeds ~$629,260) and 3,603 shares on 2026-09-01 at a weighted average price of $6.27 (proceeds ~$22,579). Aggregate proceeds reported: $651,839. These were sales (dispositions), not purchases.

Key Details

• Transaction dates and reported prices:
  • 2026-08-31: 100,000 shares reported at $6.29 (weighted average; range per footnote F1 was $6.22–$6.42).
  • 2026-09-01: 3,603 shares reported at $6.27 (weighted average; range per footnote F3 was $6.25–$6.28).
• Total shares sold: 103,603; total proceeds: $651,839.
• Ownership after transaction: not specified in the provided excerpt. The filing notes the shares and RSUs are held by Qumra Capital funds (see F2 & F4) and the Reporting Person disclaims beneficial ownership except to the extent of any pecuniary interest.
• Notable footnotes:
  • F1/F3: Reported prices are weighted averages across multiple trades; the filer will provide breakdowns on request.
  • F2/F4: Shares/RSUs are held by Qumra Capital I L.P. and related fund(s); Erez is a Managing Partner and disclaims beneficial ownership except for any pecuniary interest.
• Filing timeliness: Form filed 2026-09-02 for transactions on 2026-08-31 and 2026-09-01; this appears to have been filed within the standard 2-business-day window.

Context

• These were outright sales in the open market (transaction code S). Sales by insiders can be routine liquidity actions and do not by themselves prove a change in company prospects. Because the shares are reported as held by investment funds (Qumra Capital) and the filer disclaims beneficial ownership, these transactions reflect fund-managed holdings rather than direct personal trading in some cases.