Riskified (RSKD) Exec Kumaraswami Ravi Sells Shares

What Happened
Kumaraswami Ravi, President, Worldwide Field Operations at Riskified Ltd. (RSKD), sold a total of 33,499 Class A ordinary shares in two open-market transactions on June 25–26, 2026, generating approximately $167,498 in proceeds. The larger sale was 33,399 shares ($166,998) on June 25; a separate sale of 100 shares ($500) occurred on June 26.

Key Details

• Transaction dates and prices:
  • 2026-06-25: ~33,399 shares sold at a weighted average price reported as $5.00 (sales ranged $5.00–$5.01) — proceeds ≈ $166,998.
  • 2026-06-26: 100 shares sold at $5.00 — proceeds $500.
• Total proceeds reported: ≈ $167,498.
• Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2026 (pre‑arranged trading plan).
• The filing notes the reported price is a weighted average; sales occurred at prices between $5.00 and $5.01.
• Ownership after the transactions is not specified in the provided excerpt; the filing notes reported holdings include Class A shares and outstanding RSUs (each RSU converts to one Class A share upon vesting).
• Filing date: 2026-06-29. The Form 4 appears to have been filed within the standard 2-business-day window for these transactions (timely).

Context
Sales under a Rule 10b5-1 plan are pre-arranged dispositions and are generally routine; they document the insider sold shares rather than indicating a new purchase or exercise. The filing also clarifies some holdings include restricted stock units (RSUs), which convert to shares upon vesting.