Brady James Parker 4

What Happened Brady James Parker, Chief Human Resources Officer of Ardelyx, Inc. (ARDX), sold a total of 2,543 shares in two open-market transactions on February 20, 2026, generating approximately $14,868. The sales were: 2,234 shares at $5.87 each ($13,102) and 309 shares at $5.71 each ($1,766). These sales were executed automatically to cover tax withholding tied to the vesting of restricted stock units (RSUs).

Key Details

• Transaction dates and prices:
  • 2026-02-20: 2,234 shares sold at $5.87 ($13,102)
  • 2026-02-20: 309 shares sold at $5.71 ($1,766)
• Total disposed: 2,543 shares for ~$14,868.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — Sales were automatic sell-to-cover upon RSU vesting to satisfy applicable withholding taxes.
• Filing: Reported on Form 4 filed 2026-02-23 (appears to be filed within the usual Form 4 deadline).

Context

• These were sales tied to RSU vesting (tax withholding), a common routine action for insiders rather than a discretionary market-timed sale. Such sell-to-cover transactions typically do not signal management sentiment about the company’s stock price.