ARDELYX, INC. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| GRAMMER ELIZABETH A | See Remarks | Sale | 5,995 | $5.54 | $33,212 | 299,895 | Nov 21, 2025 |
| RAAB MICHAEL | President & CEO | Sale | 46,887 | $5.54 | $259,754 | 1,455,363 | Nov 21, 2025 |
| Kelliher Mike | See Remarks | Sale | 5,560 | $5.54 | $30,802 | 271,181 | Nov 21, 2025 |
| Williams Laura A | Chief Patient Officer | Sale | 6,426 | $5.54 | $35,600 | 359,896 | Nov 21, 2025 |
| Foster Eric Duane | Chief Commercial Officer | Sale | 5,814 | $5.54 | $32,210 | 295,684 | Nov 21, 2025 |
| Reilly Joseph James | See Remarks | Sale | 11,086 | $5.54 | $61,416 | 108,914 | Nov 21, 2025 |
| Williams Laura A | Chief Patient Officer | Option Exercise | 50,000 | $0.99 | $49,500 | 446,322 | Aug 26, 2025 |
| Kelliher Mike | Chief Business Officer | Sale | 5,417 | $5.93 | $32,123 | 276,741 | Aug 21, 2025 |
| Williams Laura A | Chief Patient Officer | Sale | 6,261 | $5.93 | $37,128 | 396,322 | Aug 21, 2025 |
| Renz Justin A | Chief Financial Officer | Sale | 7,037 | $5.93 | $41,729 | 409,052 | Aug 21, 2025 |
| RAAB MICHAEL | President & CEO | Sale | 45,687 | $5.93 | $270,924 | 1,502,250 | Aug 21, 2025 |
| GRAMMER ELIZABETH A | See Remarks | Sale | 5,841 | $5.93 | $34,637 | 305,890 | Aug 21, 2025 |
| Foster Eric Duane | Chief Commercial Officer | Sale | 15,308 | $5.93 | $90,776 | 301,498 | Aug 21, 2025 |
| Bazemore Robert B | — | Award / Grant | 41,551 | — | — | 41,551 | Jun 18, 2025 |
| Rodgers Richard J | — | Award / Grant | 21,468 | — | — | 371,992 | Jun 18, 2025 |
| Parsey Merdad | — | Award / Grant | 15,235 | — | — | 57,291 | Jun 18, 2025 |
| MOTT DAVID M | — | Award / Grant | 41,551 | — | — | 2,969,585 | Jun 18, 2025 |
| Cadoret-Manier Onaiza | — | Award / Grant | 41,551 | — | — | 151,701 | Jun 18, 2025 |
| Bhanji Muna | — | Award / Grant | 41,551 | — | — | 137,353 | Jun 18, 2025 |
| Bertrand William C JR | — | Award / Grant | 41,551 | — | — | 290,707 | Jun 18, 2025 |
| MOTT DAVID M | — | Purchase | 200,000 | $3.63 | $726,000 | 2,896,871 | Jun 16, 2025 |
| MOTT DAVID M | — | Purchase | 200,000 | $3.69 | $738,000 | 2,696,871 | Jun 9, 2025 |
| Williams Laura A | Chief Medical Officer | Sale | 6,421 | $4.08 | $26,198 | 402,583 | May 20, 2025 |
| Renz Justin A | Chief Financial Officer | Sale | 7,218 | $4.08 | $29,449 | 416,089 | May 20, 2025 |
| RAAB MICHAEL | President & CEO | Sale | 46,817 | $4.08 | $191,013 | 1,547,937 | May 20, 2025 |
| Kelliher Mike | See Remarks | Sale | 14,522 | $4.08 | $59,250 | 282,158 | May 20, 2025 |
| GRAMMER ELIZABETH A | See Remarks | Sale | 5,992 | $4.08 | $24,447 | 311,731 | May 20, 2025 |
| Foster Eric Duane | Chief Commercial Officer | Sale | 2,507 | $4.08 | $10,229 | 316,806 | May 20, 2025 |
| MOTT DAVID M | — | Purchase | 100,000 | $3.29 | $329,000 | 2,496,871 | May 15, 2025 |
| MOTT DAVID M | — | Purchase | 381,377 | $4.22 | $1,609,411 | 2,396,871 | May 2, 2025 |
| RAAB MICHAEL | President & CEO | Sale | 41,666 | $4.25 | $177,081 | 1,594,754 | May 2, 2025 |
| Parsey Merdad | — | Award / Grant | 42,056 | — | — | 42,056 | Apr 28, 2025 |
| RAAB MICHAEL | President & CEO | Option Exercise | 20,833 | $0.99 | $20,625 | 1,657,253 | Apr 4, 2025 |
| RAAB MICHAEL | President & CEO | Option Exercise | 20,834 | $0.99 | $20,626 | 1,676,806 | Mar 7, 2025 |
| Williams Laura A | Chief Medical Officer | Award / Grant | 105,200 | — | — | 409,004 | Feb 25, 2025 |
| Renz Justin A | Chief Financial Officer | Award / Grant | 136,680 | — | — | 422,648 | Feb 25, 2025 |
| RAAB MICHAEL | President & CEO | Award / Grant | 570,217 | — | — | 1,655,972 | Feb 25, 2025 |
| Kelliher Mike | See Remarks | Award / Grant | 136,680 | — | — | 296,680 | Feb 25, 2025 |
| GRAMMER ELIZABETH A | See Remarks | Award / Grant | 136,680 | — | — | 317,723 | Feb 25, 2025 |
| Foster Eric Duane | Chief Commercial Officer | Award / Grant | 136,680 | — | — | 316,680 | Feb 25, 2025 |
| MOTT DAVID M | — | Purchase | 77,729 | $5.00 | $388,645 | 2,015,494 | Feb 24, 2025 |
| Williams Laura A | Chief Medical Officer | Sale | 4,941 | $5.62 | $27,768 | 303,804 | Feb 20, 2025 |
| Renz Justin A | Chief Financial Officer | Sale | 5,171 | $5.62 | $29,061 | 285,968 | Feb 20, 2025 |
| RAAB MICHAEL | President & CEO | Sale | 22,964 | $5.62 | $129,058 | 1,085,755 | Feb 20, 2025 |
| GRAMMER ELIZABETH A | See Remarks | Sale | 4,291 | $5.62 | $24,115 | 181,043 | Feb 20, 2025 |
| RAAB MICHAEL | President & CEO | Option Exercise | 20,833 | $0.99 | $20,625 | 1,150,385 | Jan 31, 2025 |
| MOTT DAVID M | — | Purchase | 199,000 | $4.99 | $993,010 | 1,937,765 | Jan 21, 2025 |
| Rodgers Richard J | — | Option Exercise | 100,000 | $0.55 | $55,000 | 350,524 | Jan 16, 2025 |
| RAAB MICHAEL | President & CEO | Option Exercise | 20,833 | $0.99 | $20,625 | 1,171,218 | Jan 7, 2025 |
| MOTT DAVID M | — | Option Exercise | 100,000 | $0.55 | $55,000 | 1,738,765 | Dec 26, 2024 |