Summary by Moomoo AI
Michael G. Raab, an officer and director at Ardelyx, Inc., is set to sell 30,000 shares of common stock on April 29, 2024. The shares, valued at an aggregate market value of $192,054, were acquired on the same date through a stock option exercise from the issuer, with payment made in cash. This transaction follows a recent history of sales by Raab over the past three months, totaling 31,935 shares for gross proceeds of $264,324.63.