The cluster sales are small relative to market cap and the director's derivative conversions suggest the sales are likely for tax/planning purposes rather than a bearish signal. Monitor for any upcoming earnings or material agreements, as the cross-filing actuarial verdicts show these contexts amplify cluster signals.
Price Chart
Executive Summary
Two insiders at Riskified Ltd. sold shares in a cluster, with Director Shachar Erez leading the selling ($508K total) alongside CFO Aglika Dotcheva ($2K). The $508K in open-market sales represents ~0.07% of the $705M market cap, falling below the 0.1% materiality threshold. Erez also converted 2M derivative shares at $0 (non-cash) on the same day as his sales, suggesting the sales may be liquidity-driven post-exercise rather than a bearish signal.
Key Financial Metrics
Key Facts
- Director Shachar Erez sold 105,474 shares total ($508K) on May 21-22, 2026 at ~$4.81/share
- Erez also converted 2,000,000 derivative shares at $0 (non-cash) on May 21, 2026
- CFO Aglika Dotcheva sold 400 shares at $5.00 for $2K on May 19, 2026
- Total open-market sales of $510K represent ~0.07% of $705M market cap — below 0.1% materiality threshold
- Prior 30-day insider activity: 4 sells totaling $662K (excluding this cluster)
Financial Impact
Insider sales of $510K, representing ~0.07% of market cap — immaterial relative to company size
Risk Factors
- Director Erez has now sold ~$508K in two days; continued selling at this pace could signal reduced conviction
- Derivative conversions add 2M shares to float, creating potential overhang if not fully hedged
- The 30-day insider activity shows $1.17M in total sales, which could accumulate if pattern continues
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RSKD-1779827879546 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 12d ago | SC 13G/A | $8.22 $8.34 | ▲ +1.46% | ▲ +1.04% | $9.22 (+12.17%) |
Oct 15, 2026 12d ago | SC 13G/A | $8.22 $8.34 | ▲ +1.46% | ▲ +1.04% | $9.22 (+12.17%) |
Sep 17, 2026 5w ago | Insider Cluster | $6.21 $6.35 | ▼ −2.25% | ▼ −0.70% | $9.22 (−48.47%) |
Sep 16, 2026 6w ago | Insider Cluster | $6.31 $6.21 | ▲ +1.58% | ▲ +1.71% | $9.22 (−46.12%) |
Sep 8, 2026 7w ago | Insider Cluster | $5.92 $5.97 | ▼ −0.84% | ▼ −1.44% | $9.22 (−55.74%) |
Sep 4, 2026 7w ago | Insider Cluster | $6.16 $5.92 | ▼ −3.90% | ▼ −3.43% | $9.22 (+49.68%) |
Sep 3, 2026 7w ago | Insider Cluster | $6.51 $6.16 | ▼ −5.38% | ▼ −4.83% | $9.22 (+41.63%) |
Aug 31, 2026 8w ago | 144 | $6.29 $6.19 | ▲ +1.59% | ▲ +0.90% | $9.22 (−46.58%) |
Aug 27, 2026 8w ago | 144 | $6.12 $6.31 | ▼ −3.10% | ▼ −3.33% | $9.22 (−50.65%) |
Aug 21, 2026 9w ago | Insider Cluster | $5.95 $5.94 | ▲ +0.17% | ▲ +0.49% | $9.22 (−54.96%) |
US Market Status
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