Michael G. Raab
Net Worth
Last updated:
What is Michael G. Raab net worth?
The estimated net worth of Mr. Michael G. Raab is at least $20,144,605 as of 10 Dec 2024. He owns shares worth $6,718,248 as insider, has earned $3,949,757 from insider trading and has received compensation worth at least $9,476,600 in Ardelyx, Inc..
What is the salary of Michael G. Raab?
Mr. Michael G. Raab salary is $947,660 per year as Pres, Chief Executive Officer & Director in Ardelyx, Inc..
How old is Michael G. Raab?
Mr. Michael G. Raab is 60 years old, born in 1965.
What stocks does Michael G. Raab currently own?
As insider, Mr. Michael G. Raab owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Ardelyx, Inc. (ARDX) | Pres, Chief Executive Officer & Director | 1,150,385 | $5.84 | $6,718,248 |
What does Ardelyx, Inc. do?
Ardelyx, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat gastrointestinal and cardiorenal therapeutic areas in the United States and internationally. The company's lead product candidate is tenapanor, which has completed Phase III clinical trial for the treatment of patients with irritable bowel syndrome with constipation, as well as in Phase III clinical trial to control serum phosphorus in adult patients with chronic kidney disease (CKD)on dialysis, or hyperphosphatemia. It is also developing RDX013, a potassium secretagogue, for the treatment of elevated serum potassium, or hyperkalemia, a problem among certain patients with kidney and/or heart disease; and RDX020, an early-stage program in metabolic acidosis, a serious electrolyte disorder in patients with CKD. The company has agreements with Kyowa Kirin in Japan, Fosun Pharmaceutical Industrial Development Co. Ltd. in China, and Knight Therapeutics, Inc. in Canada for the development and commercialization of tenapanor in their respective territories. The company was formerly known as Nteryx, Inc. and changed its name to Ardelyx, Inc. in June 2008. Ardelyx, Inc. was incorporated in 2007 and is headquartered in Waltham, Massachusetts.
Michael G. Raab insider trading
Ardelyx, Inc.
Mr. Michael G. Raab has made 56 insider trades between 2015-2024, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 267,892 units of ARDX stock on 3 Aug 2021. As of 10 Dec 2024 he still owns at least 1,150,385 units of ARDX stock.
Ardelyx key executives
Ardelyx, Inc. executives and other stock owners filed with the SEC:
- Mr. Justin A. Renz CPA, MST, M.S.T., MBA (53) Chief Financial Officer & Chief Accounting Officer
- Mr. Michael G. Raab (60) Pres, Chief Executive Officer & Director
- Ms. Susan Rodriguez (61) Chief Commercial Officer