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.

Transaction Date Security Shares Price per share Total value Source
Option
Stock Option (Right to Buy) 25,000 $0.99 $24,750
Option
Common Stock 25,000 $0.99 $24,750
Sale
Common Stock 25,000 $5.27 $131,625
Sale
Common Stock 25,000 $5.38 $134,475
Sale
Common Stock 31,980 $4.8 $153,344
Sale
Common Stock 2,743 $4.9 $13,441
Option
Stock Option (Right to Buy) 25,000 $0.99 $24,750
Sale
Common Stock 25,000 $5.91 $147,750
Option
Common Stock 25,000 $0.99 $24,750
Sale
Common Stock 7,500 $6.01 $45,075
Sale
Common Stock 3,000 $6.07 $18,210
Sale
Common Stock 35,000 $5.61 $196,385
Option
Stock Option (Right to Buy) 35,000 $0.99 $34,650
Option
Common Stock 35,000 $0.99 $34,650
Sale
Common Stock 7,500 $6.22 $46,635
Sale
Common Stock 32,225 $5.86 $188,839
Sale
Common Stock 1,229 $5.71 $7,018
Option
Common Stock 30,000 $0.99 $29,700
Option
Stock Option (Right to Buy) 30,000 $0.99 $29,700
Sale
Common Stock 30,000 $5.64 $169,320
Sale
Common Stock 7,500 $5.97 $44,768
Sale
Common Stock 2,310 $6.59 $15,223
Sale
Common Stock 7,500 $6.72 $50,393
Sale
Common Stock 31,484 $7.81 $245,922
Sale
Common Stock 3,000 $7.99 $23,970
Option
Stock Option (Right to Buy) 30,000 $0.99 $29,700
Sale
Common Stock 30,000 $6.4 $192,060
Option
Common Stock 30,000 $0.99 $29,700
Sale
Common Stock 7,500 $7.06 $52,928
Sale
Common Stock 1,518 $7.31 $11,097
Sale
Common Stock 22,917 $8.75 $200,432
Sale
Common Stock 11,368 $4.36 $49,587
Sale
Common Stock 11,419 $3.55 $40,560
Sale
Common Stock 11,357 $3.65 $41,487
Sale
Common Stock 13,449 $3 $40,360
Sale
Common Stock 162 $1.94 $314
Sale
Common Stock 5,936 $1.95 $11,569
Sale
Common Stock 121 $1.94 $235
Purchase
Common Stock 3,000 $0.62 $1,857
Sale
Common Stock 76 $0.98 $74
Sale
Common Stock 54 $0.98 $53
Sale
Common Stock 6,016 $0.98 $5,920
Sale
Common Stock 2,144 $0.64 $1,364
Sale
Common Stock 101,480 $0.65 $66,063
Sale
Common Stock 6,124 $0.67 $4,109
Sale
Common Stock 6,229 $0.67 $4,173
Sale
Common Stock 2,607 $0.99 $2,586
Sale
Common Stock 2,573 $1.32 $3,396
Option
Common Stock 267,892 $0.54 $144,662
Option
Stock Option (Right to Buy) 267,892 $0.54 $144,662
Sale
Common Stock 2,534 $7.09 $17,961
Sale
Common Stock 2,534 $6.88 $17,442
Sale
Common Stock 106,337 $5.61 $596,338
Sale
Common Stock 23,128 N/A N/A
Sale
Common Stock 23,128 $7.34 $169,644
Sale
Common Stock 4,486 $7.03 $31,537
Sale
Common Stock 15,941 $7.01 $111,683
Sale
Common Stock 9,428 $7.02 $66,166
Sale
Common Stock 10,500 $7.01 $73,647
Sale
Common Stock 500 $7.03 $3,515
Option
Stock Option (Right to Buy) 11,123 $1.08 $12,013
Sale
Common Stock 31,551 $4.05 $127,687
Option
Common Stock 11,123 $1.08 $12,013
Sale
Common Stock 25,000 $1.08 $27,000
Option
Stock Option (Right to Buy) 25,000 $1.08 $27,000
Option
Common Stock 25,000 $1.08 $27,000
Sale
Common Stock 10,054 $2.54 $25,547
Sale
Common Stock 19,644 $1.7 $33,414
Sale
Common Stock 6,539 $2.84 $18,571
Sale
Common Stock 9,785 $20.29 $198,547
Sale
Common Stock 1,104 $20 $22,080
Sale
Common Stock 300 $20 $6,000
Sale
Common Stock 2,111 $20 $42,220

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