ARDELYX, INC. 4

Director Muna Bhanji received 26,455 RSUs of Ardelyx, Inc. common stock and a stock option for 39,715 shares at $5.67 per share as part of non-employee director compensation.

On June 16, 2026, Ardelyx, Inc. non-employee director Muna Bhanji received an equity compensation grant under the company’s Non-Employee Director Compensation Program, consisting of 26,455 restricted stock units (RSUs) of common stock and a stock option for 39,715 shares at an exercise price of $5.67 per share, both reported as acquisitions. Following these awards, Bhanji held a total of 163,808 shares of common stock directly, and also held the newly granted option for 39,715 shares, which vests in monthly installments over 12 months with any remaining unvested portion accelerating at the next annual stockholder meeting, subject to continued service. The RSUs each convert into one share of common stock upon vesting, further increasing her direct equity alignment with shareholders over time.

Filing Facts

CIK

1437402

Ticker

ARDX

Form

4

Source Type

sec

Accession

0001846905-26-000004

Alert Tier

5