4Filed Aug 17, 8:00 PM ET
Riskified (RSKD) President Kumaraswami Ravi Sells 65,000 Shares
$RSKD · RISKIFIED LTD.Research Summary
AI-generated summary of this SEC filing
Riskified (RSKD) President Kumaraswami Ravi Sells 65,000 Shares
What Happened
- Kumaraswami Ravi, President, Worldwide Field Operations at Riskified (RSKD), sold 65,000 Class A ordinary shares in transactions on August 17, 2026. The weighted average price was $6.24 per share, producing total proceeds of approximately $405,470. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-08-17; Form 4 filed: 2026-08-18 (timely).
- Sale type/code: Open-market or private sale (S).
- Price information: Weighted average price $6.24; individual sale prices ranged from $6.11 to $6.40.
- Total shares sold: 65,000; total proceeds ≈ $405,470.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- F1: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 17, 2026.
- F2: Price is a weighted average; reporting person can provide breakdown of shares sold at each price within the $6.11–$6.40 range upon request.
- F3: Ownership figures in the filing (where shown) may include both Class A shares and outstanding RSUs (each RSU converts to one share on vesting).
Context
- The sale occurred under a pre-established 10b5-1 plan, which typically schedules trades in advance and can limit the extent to which a sale reflects current insider views. This filing reports a sale (routine liquidity) rather than a purchase (which some investors view as a stronger bullish signal). There is no exercise of options or gift reported in this transaction.