ARDX Ardelyx, Inc.

NASDAQ
$3.58

Ardelyx, Inc. (ARDX) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

Insider signal In line Selling ran in line with ARDX's own trailing one-year pace, with 46% of sale value under a prearranged plan.
Cluster activity 0 buyers in the last 30 days 0 buyers in the last 90 days 8 sellers in the last 90 days
Insiders buying
1
1 transaction
Insiders selling
9
78 transactions
Purchases
$1.9M
333,333 shares
Sales
$4.3M
762,972 shares
Net activity
-$2.4M
purchases less sales

How much of that selling was preplanned? 46% planned / 54% discretionary

10b5-1 plan sales $2.0M 7 transactions · 331,898 shares
Discretionary sales $2.3M 71 transactions · 431,074 shares

Largest single sale: $490.5K.

Where they traded

Buy Sell Dot area is proportional to transaction value.

Last open-market purchase: February 20, 2026 , by MOTT DAVID M .

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
RAAB MICHAEL 4 fills President & CEO Sell 58,574 $3.86 $225.9K 1,663,357 −3.4% of holding
Bishop John E 2 fills See Remarks Sell 19,750 $3.86 $76.2K 319,564 −5.8% of holding
Brady James Parker 2 fills Chief Human Resources Officer Sell 15,136 $3.86 $58.4K 259,090 −5.5% of holding
Williams Laura A 4 fills Chief Patient Officer Sell 10,739 $3.86 $41.4K 374,709 −2.8% of holding
Foster Eric Duane 3 fills Chief Commercial Officer Sell 8,562 $3.86 $33.0K 415,374 −2% of holding
Kelliher Mike 3 fills Chief Business Officer Sell 7,758 $3.86 $29.9K 354,314 −2.1% of holding
Reilly Joseph James 2 fills See Remarks Sell 3,982 $3.86 $15.4K 146,964 −2.6% of holding
Hohenleitner Susan Chief Financial Officer Sell 1,558 $3.86 $6.0K 227,520 −0.7% of holding
RAAB MICHAEL President & CEO Sell 10b5-1 41,668 $5.06 $210.9K 1,678,366 −2.4% of holding
Williams Laura A Chief Patient Officer Sell 10b5-1 81,898 $5.99 $490.5K 378,195 −17.8% of holding
RAAB MICHAEL President & CEO Sell 10b5-1 41,666 $5.67 $236.3K 1,699,200 −2.4% of holding
RAAB MICHAEL 4 fills President & CEO Sell 54,748 $6.27 $343.1K 1,759,848 −3% of holding
Foster Eric Duane 3 fills Chief Commercial Officer Sell 7,998 $6.27 $50.1K 422,804 −1.9% of holding
Kelliher Mike 3 fills Chief Business Officer Sell 7,248 $6.27 $45.4K 361,766 −2% of holding
Williams Laura A 4 fills Chief Patient Officer Sell 6,989 $6.27 $43.8K 434,579 −1.6% of holding
Reilly Joseph James 2 fills See Remarks Sell 3,719 $6.27 $23.3K 149,836 −2.4% of holding
Bishop John E See Remarks Sell 2,306 $6.27 $14.5K 336,845 −0.7% of holding
Brady James Parker Chief Human Resources Officer Sell 1,846 $6.27 $11.6K 261,066 −0.7% of holding
Hohenleitner Susan Chief Financial Officer Sell 1,455 $6.27 $9.1K 229,078 −0.6% of holding
RAAB MICHAEL President & CEO Sell 10b5-1 41,666 $6.28 $261.6K 1,774,781 −2.3% of holding
RAAB MICHAEL President & CEO Sell 10b5-1 41,668 $6.29 $262.0K 1,795,614 −2.3% of holding
RAAB MICHAEL President & CEO Sell 10b5-1 41,666 $5.84 $243.3K 1,816,448 −2.2% of holding
RAAB MICHAEL President & CEO Sell 10b5-1 41,666 $6.25 $260.6K 1,836,153 −2.2% of holding
MOTT DAVID M Director Buy 333,333 $5.84 $1.9M 3,302,918
RAAB MICHAEL 5 fills President & CEO Sell 45,982 $5.85 $268.8K 1,862,567 −2.4% of holding
Foster Eric Duane 4 fills Chief Commercial Officer Sell 10,439 $5.85 $61.0K 427,233 −2.4% of holding
Kelliher Mike 3 fills See Remarks Sell 9,595 $5.85 $56.1K 365,827 −2.6% of holding
Williams Laura A 2 fills See Remarks Sell 8,176 $5.85 $47.8K 437,066 −1.8% of holding
Reilly Joseph James 3 fills See Remarks Sell 4,991 $5.85 $29.2K 152,394 −3.2% of holding
Bishop John E 3 fills See Remarks Sell 3,179 $5.85 $18.6K 339,538 −0.9% of holding
Brady James Parker 2 fills Chief Human Resources Officer Sell 2,543 $5.85 $14.9K 263,221 −1% of holding
Hohenleitner Susan 2 fills Chief Financial Officer Sell 2,033 $5.85 $11.9K 230,780 −0.9% of holding
Williams Laura A Chief Patient Officer Sell 50,000 $6.98 $348.9K 361,563 −12.1% of holding
RAAB MICHAEL President & CEO Sell 46,887 $5.54 $259.6K 1,455,363 −3.1% of holding
Reilly Joseph James See Remarks Sell 11,086 $5.54 $61.4K 108,914 −9.2% of holding
Williams Laura A Chief Patient Officer Sell 6,426 $5.54 $35.6K 359,896 −1.8% of holding
GRAMMER ELIZABETH A See Remarks Sell 5,995 $5.54 $33.2K 299,895 −2% of holding
Foster Eric Duane Chief Commercial Officer Sell 5,814 $5.54 $32.2K 295,684 −1.9% of holding
Kelliher Mike See Remarks Sell 5,560 $5.54 $30.8K 271,181 −2% of holding

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.