Director Sells Over $500K in Class A Shares Following Conversion
RSKD sits 29% above its 52-week low of $3.7.
Summary
A director at Riskified Ltd. sold over $500,000 in Class A shares after converting Class B shares, indicating a notable insider disposition.
Key Events · Ownership and Investor Activity · RSKD
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Director Sells Class A Shares
Shachar Erez, a Director, sold 105,474 Class A Ordinary Shares for a total value of $507,538.49 across two transactions on May 21-22, 2026.
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Class B to Class A Share Conversion
The sale followed the conversion of 1,000,000 Class B Ordinary Shares into Class A Ordinary Shares on May 21, 2026. These shares are held indirectly by Qumra Capital funds, where Mr. Erez is a Managing Partner.
Analysis · RSKD · Trade & Services
A director, Shachar Erez, sold over $500,000 worth of Class A Ordinary Shares. This sale followed the conversion of 1,000,000 Class B shares into Class A shares, which is often a precursor to increasing liquidity or facilitating a sale. While the conversion itself is administrative, the subsequent open market sale represents a significant disposition by an insider.
At the time of this filing, RSKD was trading at $4.76 on NYSE in the Trade & Services sector, with a market capitalization of approximately $700.7M. The 52-week trading range was $3.70 to $5.68. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.