ARDX CHRO Brady Parker Sells 15,136 Shares

What Happened
Brady James Parker, Chief Human Resources Officer of ARDELYX, sold a total of 15,136 shares on August 21, 2026. The sales were done as sell-to-cover transactions tied to the vesting of restricted stock units (RSUs). Reported proceeds were $7,621 (1,976 shares) and $50,757 (13,160 shares), totaling $58,378; the filing shows a weighted average sale price of $3.86.

Key Details

• Transaction date: 2026-08-21; Form 4 filed 2026-08-25 (timely by SEC rules).
• Transaction type/code: Sale (S) — tax withholding from RSU vesting (see footnote).
• Shares sold: 1,976 and 13,160 (total 15,136).
• Prices: weighted average $3.86; trades executed in a range from $3.648 to $3.984.
• Total proceeds reported: $58,378.
• Shares owned after transaction: Not included in the provided filing excerpt.
• Footnote: Sales were automatic sell-to-cover to satisfy withholding taxes on vested RSUs; reporting person can provide per-trade breakdown on request.

Context
These were routine sell-to-cover transactions to cover tax withholding when RSUs vested, not a discretionary open-market sell for investment reasons. Such withholding sales are common and typically reflect tax obligations rather than a signal of insider sentiment.