Brady James Parker 4
4 · ARDELYX, INC. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
ARDX CHRO Brady Parker Sells 1,846 Shares
What Happened
Brady James Parker, Chief Human Resources Officer of ARDELYX, sold 1,846 shares on 2026-05-21 at $6.27 per share, for total proceeds of $11,570. The sale was an automatic "sell-to-cover" tied to the vesting of restricted stock units (RSUs) and was executed solely to cover applicable withholding taxes (footnote F1). This transaction is a sale (not a new purchase).
Key Details
- Transaction date & price: 2026-05-21, 1,846 shares at $6.27 each; proceeds $11,570.
- Transaction type/code: Sale (S). Footnote F1: automatic sell-to-cover on RSU vesting to satisfy tax withholding.
- Shares owned after transaction: Not disclosed in this Form 4.
- Filing timeliness: Report filed 2026-05-22 (one day after the transaction) — appears timely; no late-filing indication in the report.
- No 10b5-1 plan or other trading plan referenced in this filing.
Context
A sell-to-cover is a routine administrative sale that occurs when RSUs vest and shares are sold to pay taxes; such sales generally reflect tax obligations rather than a directional signal about the insider’s view of the company. This report does not indicate a purchase, option exercise for cash gain, or a gift.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-21$6.27/sh−1,846$11,570→ 261,066 total
Footnotes (1)
- [F1]Pursuant to an automatic sell-to-cover imposed by the terms of the initial grant of the restricted stock units ("RSUs") awards, the shares were sold upon the vesting of the RSUs solely to cover applicable withholding taxes.