Bhanji Muna 4
4 · ARDELYX, INC. · Filed Jun 23, 2025
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
Bhanji Muna
Director
Transactions
- Award
Common Stock
2025-06-18+41,551→ 137,353 total - Award
Stock Option (Right to Buy)
2025-06-18+54,059→ 54,059 totalExercise: $3.61Exp: 2035-06-18→ Common Stock (54,059 underlying)
Footnotes (3)
- [F1]Restricted stock units ("RSUs"). The Reporting Person is entitled to receive one (1) shares of Common Stock for each one (1) RSU upon the vesting thereof. The RSUs were issued pursuant to the Issuer's Non-Employee Director Compensation Program.
- [F2]The option was issued pursuant to the Issuer's Non-Employee Director Compensation Program.
- [F3]The option vests with respect to 1/12th of the shares subject thereto on each monthly anniversary of the grant date, which vesting will accelerate in full on the date of the next annual stockholder's meeting to the extent unvested as of such date, subject to continued service through each applicable vesting date.