SEC Form 4 · accession 0001291937-26-000003
ARDELYX, INC. · ARDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C Bertrand Jr.
Director
Period of report
Jun 16, 2026
Accepted (ET)
Jun 18, 2026 · 4:02 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001437402
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 16, 2026 | A | 12,345 | $0.00 | A | 303,052 | D | |
| Common StockF2 | Jun 16, 2026 | A | 26,455 | $0.00 | A | 329,507 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3,F4 | $5.67 | Jun 16, 2026 | A | 39,715 | A | — | Jun 16, 2036 | Common Stock | 39,715 | 39,715 | D |
Explanation of responses
- F1The shares were issued pursuant to the Issuer's Non-Employee Director Compensation Program. The Reporting Person elected to receive stock in lieu of cash as permitted under the program.
- F2Restricted stock units ("RSUs"). The Reporting Person is entitled to receive one (1) share of Common Stock for each one (1) RSU upon the vesting thereof. The RSUs were issued pursuant to the Issuer's Non-Employee Director Compensation Program.
- F3The option was issued pursuant to the Issuer's Non-Employee Director Compensation Program.
- F4The option vests with respect to 1/12th of the shares subject thereto on each monthly anniversary of the grant date, which vesting will accelerate in full on the date of the next annual stockholder's meeting to the extent unvested as of such date, subject to continued service through each applicable vesting date.
Remarks
Exhibit 24.1 - Power of Attorney