SCHEDULE: Riskified Insider Ownership Update: Feldman Family Maintains Significant Stake

Assaf Feldman and Maria Feldman, along with Sundance NYC Holdings LLC, have filed an amended Schedule 13G, disclosing their continued beneficial ownership of over 10% of Riskified Ltd.'s Class A Ordinary Shares.

Summary

• Assaf Feldman beneficially owns 12,424,377 Class A Ordinary Shares, representing 10.4% of the class.
• Maria Feldman beneficially owns 12,369,789 Class A Ordinary Shares, representing 10.3% of the class.
• Sundance NYC Holdings LLC beneficially owns 6,379,100 Class A Ordinary Shares, representing 5.5% of the class.
• The beneficial ownership figures are based on 110,424,051 Class A Ordinary Shares outstanding as of June 30, 2025.
• Assaf Feldman's ownership includes 1,941,874 Class A shares held directly, 2,734,200 Class A shares underlying Class B shares convertible by August 29, 2025, 54,588 Class A shares from restricted stock units vesting by August 29, 2025, 6,379,100 Class A shares underlying Class B shares held by Sundance NYC Holdings LLC, and 1,314,615 Class A shares held by Maria Feldman.
• Maria Feldman's ownership includes 1,314,615 Class A shares held directly, 1,941,874 Class A shares held by Assaf Feldman, 2,734,200 Class A shares underlying Class B shares held by Assaf Feldman, and 6,379,100 Class A shares underlying Class B shares held by Sundance NYC Holdings LLC.
• Both Assaf Feldman and Maria Feldman are co-managers of Sundance NYC Holdings LLC and are spouses, leading to shared beneficial ownership attributions.
• Maria Feldman expressly disclaims beneficial ownership of 54,588 Class A Ordinary Shares underlying restricted stock units granted to Mr. Feldman due to lack of voting or dispositive power.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of beneficial ownership. The continued significant stake by key insiders is generally a positive signal, indicating alignment and confidence, hence a slightly positive score.

Positives

• Significant insider ownership by key individuals (Assaf Feldman and Maria Feldman) and related entities (Sundance NYC Holdings LLC) indicates strong alignment of interests with the company's long-term success.
• The continued substantial stake suggests confidence from founding or early management in the company's future.

Negatives

• The filing itself does not present explicit negative information, as it is a routine ownership disclosure.

Risks

• Concentrated ownership by a small group of individuals and related entities could potentially influence corporate decisions in a manner not always aligned with broader shareholder interests, though this is a common characteristic of companies with strong founders.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of beneficial ownership and does not provide specific industry context or trends. However, for a technology company like Riskified, significant insider ownership can be viewed positively as it signals long-term commitment from key stakeholders.

Related Party Transactions

• Assaf Feldman and Maria Feldman are spouses, and their beneficial ownership is intertwined, leading to shared reporting.
• Assaf Feldman and Maria Feldman are co-managers of Sundance NYC Holdings LLC, resulting in shared beneficial ownership over the shares held by the LLC.

Stakeholder Impact

• Shareholders: Provides transparency on significant insider holdings, which can influence investor confidence and perception of management alignment.
• Management: Clarifies the ownership structure and control dynamics within the company.

Key Dates

Keywords

Riskified, Class A Ordinary Shares, Beneficial Ownership, Schedule 13G, Insider Ownership, Assaf Feldman, Maria Feldman, Sundance NYC Holdings LLC, SEC Filing, Corporate Governance