Riskified (RSKD) CFO Aglika Dotcheva Sells Shares

What Happened

• Aglika Dotcheva, Chief Financial Officer of Riskified Ltd. (RSKD), disposed of a total of 89,668 Class A ordinary shares between July 1 and July 6, 2026. The transactions included open-market sales of 20,000 shares (7/1) and 800 shares (7/2), and 68,868 shares withheld on 7/6 to cover tax liabilities from RSU vesting. Reported proceeds total roughly $450,147 (20,000 @ ~$5.01 = $100,270; 800 @ $5.20 = $4,160; 68,868 @ $5.02 = $345,717).

Key Details

• Transaction dates and prices:
  • 2026-07-01: sale of 20,000 shares, weighted avg price $5.01 (individual prices ranged $5.00–$5.04 per filing footnote).
  • 2026-07-02: sale of 800 shares at $5.20.
  • 2026-07-06: 68,868 shares withheld at $5.02 to cover tax liability for vested RSUs.
• Total shares disposed: 89,668; total reported value ≈ $450,147.
• Footnotes:
  • Sales were effected under a Rule 10b5-1 trading plan adopted Sept 15, 2025 (footnote F1) — indicates prearranged trading instructions.
  • The large 68,868-share disposition was a tax-withholding in connection with RSU vesting (footnote F4); RSUs convert to one share each upon settlement (footnote F3).
  • The 20,000-share sale price reported is a weighted average; filings can provide per-price breakdown on request (footnote F2).
• Shares owned after the transactions are not specified in the provided excerpt; holdings reported include both Class A shares and outstanding RSUs (F3).
• Filing: Form 4 filed 2026-07-06 covering transactions dated 2026-07-01 to 2026-07-06 (the filing date is shown on the form provided).

Context

• Two open-market sales were made under a 10b5-1 plan (routine, pre-scheduled). The tax-withholding is a standard administrative action when RSUs vest and does not reflect an open-market sale decision by the insider.
• Sales are generally less informative about insider sentiment than purchases; these transactions appear to be a mix of prearranged sales and tax withholding rather than opportunistic market trades.