Riskified (RSKD) CFO Aglika Dotcheva Exercises Options, Shares Withheld

What Happened
Aglika Dotcheva, Chief Financial Officer of Riskified Ltd. (RSKD), exercised stock options on April 2, 2026 to acquire 26,021 shares at $1.52 ($39,552) and 12,937 shares at $2.74 ($35,447), for a combined cash cost of $74,999 to acquire 38,958 shares. On April 6, 2026, 67,643 shares were withheld/disposed to cover the reporting person’s tax liability at an effective price of $3.96 per share, with a reported value of $267,866. The filing also shows derivative conversion entries (zero-cost disposals) tied to the exercises.

Key Details

• Transaction types: M = option exercise/conversion (04-02), F = tax withholding/payment (04-06).
• Exercise lots: 26,021 shares @ $1.52 (value $39,552); 12,937 shares @ $2.74 (value $35,447).
• Withholding: 67,643 shares @ $3.96 used to satisfy tax liability (value $267,866).
• Footnotes: F1 notes RSUs count as one share each; F2 indicates shares were withheld to cover tax liability on RSU vesting; F3 notes options were fully vested and immediately exercisable.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Filing date: Form 4 filed April 6, 2026; transactions occurred April 2 and April 6 — filing appears timely.

Context

• This sequence (exercise followed by share withholding) is a routine insider action: options were exercised and some shares were surrendered/withheld to cover tax obligations (a cashless-type settlement for tax purposes), not an open-market sale.
• Derivative entries showing $0 disposals reflect internal conversion/exercise reporting mechanics, not a separate cash transaction.
• These actions are informational rather than direct bullish or bearish signals; purchases (exercises) show an insider acquiring shares, while the withheld shares reflect tax settlement, not a market sale.