UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144/A
144/A: Filer Information
Filer CIK
0002044416
Filer CCC
XXXXXXXX
Previous Accession Number Of The Filing
0002044416-26-000001
Is this a LIVE or TEST Filing?
LIVE
TEST
Submission Contact Information
Name
Phone
E-Mail Address
144/A: Issuer Information
Name of Issuer
ARDELYX, INC.
SEC File Number
001-36485
Address of Issuer
400 Fifth Avenue, Suite 210 Waltham
MASSACHUSETTS
02451
Phone
510-745-1700
Name of Person for Whose Account the Securities are To Be Sold
Reilly Joseph James
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account
the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given
as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales
for the account of the person filing this notice.
Relationship to Issuer
Officer
144/A: Securities Information
Title of the Class of Securities To Be Sold
Name and Address of the Broker
Number of Shares or Other Units To Be Sold
Aggregate Market Value
Number of Shares or Other Units Outstanding
Approximate Date of Sale
Name the Securities Exchange
Common Stock
Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza, 8th Floor New York
NY
10004
4991
33539.52
245247427
02/20/2026
NASDAQ
Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment
of all or any part of the purchase price or other consideration therefor:
144/A: Securities To Be Sold
Title of the Class
Date you Acquired
Nature of Acquisition Transaction
Name of Person from Whom Acquired
Is this a Gift?
Date Donor Acquired
Amount of Securities Acquired
Date of Payment
Nature of Payment *
Common Stock
02/19/2026
Vesting of restricted stock units
Issuer
10388
02/19/2026
Services Rendered
* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note
thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made
in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.
Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.
144/A: Securities Sold During The Past 3 Months
Name and Address of Seller
Title of Securities Sold
Date of Sale
Amount of Securities Sold
Gross Proceeds
Joseph James Reilly 400 Fifth Avenue, Suite 210 Waltham
MA
02451
Common Stock
11/21/2025
11086
61382.07
144/A: Remarks and Signature
Remarks
Pursuant to an automatic sell-to-cover imposed by the terms of the initial grant of the restricted stock units (RSUs) awards, the shares are to be sold upon the vesting of the RSUs solely to cover applicable withholding taxes. This amendment to Form 144 filed on February 20, 2026, amends by increasing the number of shares to be sold by 91 shares and amends the aggregate market value in accordance with instruction 3(d). The original filing underestimated the share count due to a lower than expected execution price in an automated tax withholding sell-to-cover transaction.
Date of Notice
02/23/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing
this notice that he does not know any material adverse information in regard to the current and prospective
operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has
adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by
signing the form and indicating the date that the plan was adopted or the instruction given, that person makes
such representation as of the plan adoption or instruction date.
Signature
Elizabeth Grammer, as Attorney-in-Fact for Joseph James Reilly
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)