Form 4: Ardelvx, Inc. Officer Elizabeth A. Grammer Reports Stock Sale to Cover Taxes
SEC Form 4 Filing
Elizabeth A. Grammer, an officer of Ardelvx, Inc., sold shares of common stock to cover withholding taxes upon the vesting of restricted stock units.
Summary
- On May 20, 2025, Elizabeth A. Grammer, an officer of Ardelvx, Inc. (ARDX), sold 5,992 shares of common stock at a price of $4.0814 per share.
- The sale was executed automatically to cover applicable withholding taxes related to the vesting of restricted stock units (RSUs).
- Following the transaction, Grammer directly owns 311,731 shares of Ardelvx, Inc. common stock.
Sentiment
Score: 5
Explanation: The document describes a routine stock sale to cover taxes, which is neutral in sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the officer's confidence in the company.
Stakeholder Impact
- The sale of shares could have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of stock sale transaction. |
| 05/22/2025 | Date of signature on the Form 4 filing. |
Keywords
ARDX, Ardelvx, Inc., Form 4, Officer, Stock Sale, Elizabeth A. Grammer, RSUs, Restricted Stock Units, Beneficial Ownership, Securities
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