Riskified (RSKD) Pres. Ravi Withholds 118,866 Shares

What Happened Kumaraswami Ravi, President Worldwide Field Operations of Riskified (RSKD), had 118,866 Class A ordinary shares withheld on April 6, 2026 to satisfy tax obligations related to the vesting of previously granted RSUs. The withheld shares were recorded at $3.96 per share for a total value of $470,709. This was a tax-withholding disposition tied to RSU vesting rather than an open-market sale.

Key Details

• Transaction date: 2026-04-06
• Amount withheld/disposed: 118,866 shares at $3.96 per share; total value $470,709
• Transaction code: F (tax withholding to cover liability on vested RSUs)
• Footnotes: F1 notes shares were withheld to cover the Reporting Person's tax liability on vested RSUs; F2 indicates totals include Class A shares and outstanding RSUs (each RSU converts to one share upon vesting).
• Shares owned after transaction: Not specified in the provided excerpt (see full Form 4 for post-transaction holdings).
• Filing timeliness: No late-filing indication in the provided data.

Context This was a routine cashless-type settlement via share withholding to cover taxes on vested restricted stock units, not an independent sale into the market. Such withholdings are administrative and do not necessarily reflect the insider’s view of the company’s stock.