Gal Eido 4
Research Summary
AI-generated summary
Riskified (RSKD) CEO Gal Eido Sells ~92,000 Shares for Tax Withholding
What Happened
Gal Eido, CEO of Riskified Ltd. (RSKD), had a total of 92,000 Class A ordinary shares withheld to cover tax liabilities arising from vested restricted stock units (RSUs). The withholding comprised 57,610 shares at $3.92 (proceeds $225,831) and 34,390 shares at $3.96 (proceeds $136,184), totaling $362,015. This is a tax-withholding disposition (routine), not an open-market sale.
Key Details
- Transaction date: 2026-04-06
- Trades reported:
- 57,610 shares withheld @ $3.92 → $225,831
- 34,390 shares withheld @ $3.96 → $136,184
- Transaction code: F (shares withheld to satisfy tax withholding on RSU vesting)
- Shares owned after transaction: Not specified in the provided filing
- Footnotes:
- F1: Shares were withheld to cover the reporting person’s tax liability related to RSU vesting.
- F2: Ownership totals include both Class A shares and outstanding RSUs (each RSU = right to one Class A share).
- Filing timeliness: No late filing indicated in the provided data.
Context
This was a cashless, tax-withholding transaction tied to RSU vesting—common and routine for executives. Such withholdings are administrative and do not necessarily signal the insider’s view on the company’s stock.