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Ardelyx | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Jun 14 05:14
Summary by Futu AI
Michael G. Raab, an officer and director at Ardelyx, Inc., is set to sell 35,000 common shares of the company on 06/13/2024. The shares, valued at an aggregate market value of $232,739.50, were acquired on the same date through a stock option exercise, with the payment made in cash to the issuer. This transaction follows a series of sales over the past three months, where Raab sold a total of 81,002 shares, amounting to gross proceeds of $576,352.20. The planned sale is in accordance with a notice dated 06/13/2024, following an instruction given on 12/13/2023.
Michael G. Raab, an officer and director at Ardelyx, Inc., is set to sell 35,000 common shares of the company on 06/13/2024. The shares, valued at an aggregate market value of $232,739.50, were acquired on the same date through a stock option exercise, with the payment made in cash to the issuer. This transaction follows a series of sales over the past three months, where Raab sold a total of 81,002 shares, amounting to gross proceeds of $576,352.20. The planned sale is in accordance with a notice dated 06/13/2024, following an instruction given on 12/13/2023.
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