4Accepted Jun 23, 4:21 PM ET
Riskified (RSKD) Pres. Worldwide Field Ops. Kumaraswami Ravi Sells 33,601 Shares
Accepted (ET)
4:21 PM
Jun 23, 2026
Filed
Jun 23, 2026
Documents
1
Size
5.9 KB
Summary
Riskified (RSKD) Pres. Worldwide Field Ops. Kumaraswami Ravi Sells 33,601 Shares
What Happened Kumaraswami Ravi, President of Worldwide Field Operations at Riskified (RSKD), sold 33,601 Class A ordinary shares on June 22, 2026. The shares were disposed at a weighted average price of about $5.00 per share (prices ranged $5.00–$5.01), for total proceeds of approximately $168,039. This was a sale (not a purchase) and was executed under a prearranged Rule 10b5‑1 trading plan.
Key Details
- Transaction date: June 22, 2026; Form 4 filed June 23, 2026 (filed promptly).
- Transaction type: Sale (open market or private sale), reported as S.
- Shares sold: 33,601; weighted average price reported $5.00; price range $5.00–$5.01.
- Total proceeds: ~$168,039.
- 10b5‑1 plan: Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted March 17, 2026 (F1).
- Price disclosure: Weighted average; seller can provide per‑trade price breakdown on request (F2).
- Ownership note: Filing references Class A shares plus outstanding RSUs (each convertible to one share); exact post‑sale holdings not specified in the provided excerpt (F3).
- Timeliness: Not marked late — Form 4 filed the day after the transaction.
Context Sales under a 10b5‑1 plan are preplanned and commonly used to avoid insider trading issues; they do not by themselves indicate the insider’s view of the company. For retail investors, purchases are generally more informative about insider sentiment than planned sales. This report documents a routine, prearranged sale rather than an opportunistic or exercise‑and‑sell event.