Earnings Feed
Start Free
ARDELYX, INC.·4

Feb 23, 8:54 PM ET

Reilly Joseph James 4

Research Summary

AI-generated summary

Updated

ARDELYX (ARDX) Chief Accounting Officer Joseph James Reilly Sells 4,991 Shares

What Happened
Joseph James Reilly, Senior Vice President and Chief Accounting Officer of ARDELYX (ARDX), sold a total of 4,991 shares on 2026-02-20 in three sell transactions tied to vested restricted stock units. The trades were: 4,387 shares at $5.87 ($25,730), 602 shares at $5.71 ($3,440), and 2 shares at $5.70 ($11), for aggregate proceeds of $29,181. These were sales (not purchases) and were executed solely to satisfy tax withholding on RSU vesting.

Key Details

  • Transaction date: 2026-02-20 (filed 2026-02-23; filing appears timely).
  • Trades/prices: 4,387 @ $5.87; 602 @ $5.71; 2 @ $5.70.
  • Total shares sold: 4,991; total proceeds: $29,181.
  • Shares owned after the transaction: not specified in the provided summary (see full Form 4 for holdings).
  • Footnote: F1 — automatic sell-to-cover under initial RSU grant terms; shares sold solely to cover applicable withholding taxes.
  • Transaction type: Sales (open market/private sale) tied to RSU vesting — routine tax-withholding activity.

Context
These were automatic sell-to-cover trades to satisfy withholding obligations upon RSU vesting. Such transactions are routine administrative actions and do not necessarily indicate management sentiment about the company’s stock. As always, review the full Form 4 filing for complete holdings and disclosure.