Summary by Futu AI
Ardelyx, Inc. officer Robert C Blanks is set to sell 38,000 shares of common stock on 06/21/2024, as announced by the company. The shares, valued at an aggregate market value of $226,282.40, were acquired as performance shares on two separate occasions, with 25,585 shares obtained from the issuer on 09/14/2020 and an additional 12,415 shares on 11/12/2018. This planned sale follows a recent transaction in the past three months where Blanks sold 4,855 shares, resulting in gross proceeds of $37,922.85. The notice of the upcoming sale was filed on the same date as the planned sale, with the instruction for the sale having been adopted on 12/21/2023.