Feldman Assaf 4
Research Summary
AI-generated summary
Riskified (RSKD) 10% Owner Assaf Feldman Sells Shares
What Happened
- Assaf Feldman, a reported 10% owner of Riskified Ltd. (RSKD), disposed of a total of 263,166 Class A ordinary shares in early July 2026. The primary transaction was an open-market sale of 230,512 shares on 2026-07-01 for reported proceeds of $1,156,801 (weighted average reported price $5.02). On 2026-07-06, Feldman had 21,679 shares and 10,975 shares disposed to satisfy payment of exercise price/tax liabilities, yielding $109,262 and $55,094 respectively. Combined proceeds reported ≈ $1.32 million.
- These dispositions are sales/withholdings (not purchases); the open-market sale is a cash sale, while the 7/6 transactions represent shares used to cover tax or exercise obligations.
Key Details
- Transaction dates and amounts:
- 2026-07-01: Open-market sale — 230,512 shares @ $5.02 (weighted avg) = $1,156,801.
- 2026-07-06: Tax/exercise withholding — 21,679 shares @ $5.04 = $109,262.
- 2026-07-06: Tax/exercise withholding — 10,975 shares @ $5.02 = $55,094.
- Total disposed: 263,166 shares for approximately $1,321,157.
- Holdings after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- F1: The 7/1 sale was made under a Rule 10b5-1 trading plan adopted March 16, 2026 (pre‑planned sale).
- F2: The reported price for the open-market sale is a weighted average; individual trade prices ranged $5.01–$5.03 (details available on request).
- F3/F4: Reported holdings include vested RSUs; the 7/6 dispositions reflect shares withheld to cover tax liabilities related to RSU vesting.
- F5: Some shares are owned directly by the reporting person’s spouse (included in total holdings disclosures).
- Filing timeliness: No late filing indication provided in the summary data.
Context
- The primary 7/1 sale was executed under a 10b5-1 plan, which typically means it was pre-scheduled and reduces the extent to which the sale signals the insider’s current view of the company.
- The 7/6 transactions are tax-withholding/settlement events tied to RSUs (not fresh market sell decisions) and are common when restricted awards vest.
- As a 10% owner (not necessarily a company executive), Feldman’s transactions are treated as insider activity but are distinct from routine executive purchases or grants.