Michael Raab

CIK 1321402 · View on SEC EDGAR ↗

Insider

First SEC filing: June 18, 2014 · Latest: June 18, 2014

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Insider at

Insider transactions

0 buys (P) 9 sells (S) Net: $-1,557,439 + 27 non-open-market transactions below last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

27 other filings hidden
Date Ticker Code Shares Price Value Owned after Δ own A/D vs now
July 15, 2026 ARDX S 10b5-1 41,668 $5.06 $210,840 1,678,366 Direct -2.42% Disposed -20.7% (price as of 2026-08-19)
June 15, 2026 ARDX S 10b5-1 41,666 $5.67 $236,246 1,699,200 Direct -2.39% Disposed -29.2% (price as of 2026-08-19)
May 21, 2026 ARDX S 14,933 $6.27 $93,630 1,759,848 Direct -0.84% Disposed -36.0% (price as of 2026-08-19)
May 21, 2026 ARDX S 7,861 $6.27 $49,288 1,751,987 Direct -0.45% Disposed -36.0% (price as of 2026-08-19)
May 21, 2026 ARDX S 17,926 $6.27 $112,396 1,734,061 Direct -1.02% Disposed -36.0% (price as of 2026-08-19)
May 21, 2026 ARDX S 14,028 $6.27 $87,956 1,720,033 Direct -0.81% Disposed -36.0% (price as of 2026-08-19)
May 15, 2026 ARDX S 10b5-1 41,666 $6.28 $261,662 1,774,781 Direct -2.29% Disposed -36.1% (price as of 2026-08-19)
April 15, 2026 ARDX S 10b5-1 41,668 $6.29 $262,092 1,795,614 Direct -2.27% Disposed -36.2% (price as of 2026-08-19)
March 16, 2026 ARDX S 10b5-1 41,666 $5.84 $243,329 1,816,448 Direct -2.24% Disposed -31.3% (price as of 2026-08-19)
May 23, 2023 ARDX S 11,357 $3.65 $41,453 887,655 Direct -1.26% Disposed 10.0% (price as of 2026-08-19)
Sept. 8, 2015 ARDX S 10b5-1 9,785 $20.29 $198,538 70,385 Indirect -12.21% Disposed -80.2% (price as of 2026-08-19)
Aug. 18, 2015 ARDX S 10b5-1 1,104 $20.00 $22,080 80,170 Indirect -1.36% Disposed -79.9% (price as of 2026-08-19)
Aug. 3, 2015 ARDX S 10b5-1 300 $20.00 $6,000 81,247 Direct -0.37% Disposed -79.9% (price as of 2026-08-19)
July 28, 2015 ARDX S 10b5-1 2,111 $20.00 $42,220 81,547 Direct -2.52% Disposed -79.9% (price as of 2026-08-19)

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Derivative holdings (Form 4 Table II)

Options, RSUs and convertible securities reported on Form 4 Table II.

Date Ticker Security Underlying Exercise price Expiration Shares A/D
July 15, 2026 ARDX Stock Option (Right to Buy) Common Stock (20,834) $0.99 Jan. 6, 2032 20,834 Disposed
June 15, 2026 ARDX Stock Option (Right to Buy) Common Stock (20,833) $0.99 Jan. 6, 2032 20,833 Disposed
May 15, 2026 ARDX Stock Option (Right to Buy) Common Stock (20,833) $0.99 Jan. 6, 2032 20,833 Disposed
April 15, 2026 ARDX Stock Option (Right to Buy) Common Stock (20,834) $0.99 Jan. 6, 2032 20,834 Disposed
March 16, 2026 ARDX Stock Option (Right to Buy) Common Stock (20,833) $0.99 Jan. 6, 2032 20,833 Disposed
Jan. 27, 2026 TPST Stock Option (right to buy) Common Stock (1,230) $2.94 Jan. 26, 2036 1,230 Acquired
June 15, 2023 TPST Stock Option (right to buy) Common Stock (8,200) $1.42 June 14, 2033 8,200 Acquired
June 17, 2022 TPST Stock Option (Right to Buy) Common Stock (3,500) $2.08 June 16, 2032 3,500 Acquired
Sept. 21, 2021 TPST Stock Option (Right to Buy) Common Stock (6,635) $15.15 Sept. 20, 2031 6,635 Acquired
June 25, 2021 TPST Stock Option (Right to Buy) Common Stock (16,784) $4.97 Dec. 18, 2028 16,784 Acquired
June 25, 2021 TPST Stock Option (Right to Buy) Common Stock (9,660) $5.90 March 29, 2030 9,660 Acquired
June 25, 2021 TPST Stock Option (Right to Buy) Common Stock (4,830) $10.25 March 9, 2031 4,830 Acquired
July 26, 2018 ARDX Stock Option (Right to Buy) Common Stock (185,000) $4.30 July 26, 2028 185,000 Acquired
Jan. 16, 2018 ARDX Stock Option (Right to Buy) Common Stock (390,348) $7.10 Jan. 16, 2028 390,348 Acquired
Aug. 9, 2017 ARDX Stock Option (Right to Buy) Common Stock (79,535) $4.70 Aug. 9, 2027 79,535 Acquired
Jan. 19, 2017 ARDX Stock Option (Right to Buy) Common Stock (318,141) $13.90 Jan. 19, 2027 318,141 Acquired
Jan. 15, 2016 ARDX Stock Option (Right to Buy) Common Stock (301,258) $10.55 Jan. 15, 2026 301,258 Acquired
Jan. 6, 2015 ARDX Stock Option (Right to Buy) Common Stock (75,000) $23.02 Jan. 6, 2025 75,000 Acquired

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Initial ownership (Form 3) 3 holdings

Securities held when first becoming an insider, per SEC Form 3.

Date Ticker Security Shares Ownership
June 18, 2014 ARDX Common Stock Direct
June 18, 2014 ARDX Stock Option (Right to buy)→ Common Stock Direct
June 18, 2014 ARDX Stock Option (Right to buy)→ Common Stock Direct

Compensation (DEF 14A)

Matched by name from proxy statements (DEF 14A) — verify against the filing.

ARDX

CEO
Fiscal year Salary Bonus Stock awards Option awards Non-equity incentive Pension change Other Total
2025 $797,000 $2,953,724 $3,413,948 $627,638 $3,861 $7,796,171
2024 $770,000 $4,170,500 $4,164,621 $495,880 $5,164 $9,606,165
2023 $700,000 $330,000 $687,500 $2,395,694 $4,950 $4,118,144

Figures from the Summary Compensation Table of the company's proxy statement (DEF 14A). Compensation is not a recommendation.