Form 4: CareDx CFO Abhishek Jain Reports Stock Sale to Cover Tax Obligations
SEC Form 4 Filing
Abhishek Jain, CFO of CareDx, Inc., sold 265 shares of common stock on April 7, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On April 7, 2025, Abhishek Jain, the Chief Financial Officer of CareDx, Inc., sold 265 shares of the company's common stock.
- The sale was executed at a price of $17.72 per share.
- The transaction was conducted to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- Following the transaction, Jain directly owns 337,418 shares of CareDx common stock.
Sentiment
Score: 5
Explanation: The document reports a routine stock sale for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 04/07/2025 | Date of stock sale transaction. |
| 04/09/2025 | Date of signature on the Form 4 filing. |
Keywords
CareDx, CDNA, Abhishek Jain, CFO, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Beneficial Ownership
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