Ardelux CFO Susan Hohenleitner sells $6,009 in shares

CFO of Ardelux, Susan Hohenleitner, sold 1,558 shares of the company's common stock on August 21, 2026, according to a wire service report. The total value of the shares sold amounted to roughly $6,009, with each share priced between $3.648 and $3.984. The average sale price per share was $3.8569. This transaction was an automatic sell-to-cover action, carried out solely to fulfill tax withholding obligations associated with the vesting of restricted stock units (RSUs). As a result of this sale, Hohenleitner now directly owns 227,520 shares of Ardelux common stock.

The sale occurred as Ardelux shares were trading close to their 52-week low of $3.73, a 55% decline from the 52-week high of $8.40. Analysis from InvestingPro suggests that the stock is currently undervalued, trading below its Fair Value estimate. Despite a tough year, Ardelux's market capitalization remains at $932 million. The company's stock has decreased by 35% year-to-date.

The filing for the share sale was signed by Felecia Ettenberg, who served as the Attorney-in-Fact for Susan Hohenleitner, on August 25, 2026. For more detailed insights into Ardelux's valuation and access to exclusive ProTips, readers can visit InvestingPro, where the company is highlighted among undervalued stocks with comprehensive analysis.