Form 4: CareDx CFO Abhishek Jain Reports Stock Transaction
SEC Form 4 Filing
Abhishek Jain, CFO of CareDx, Inc., reports the disposal of 697 shares of common stock to cover tax obligations related to vesting restricted stock units on September 6, 2024.
Summary
- On September 6, 2024, Abhishek Jain, the Chief Financial Officer of CareDx, Inc. (CDNA), disposed of 697 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $27.1.
- Following the transaction, Jain directly owns 275,714 shares of CareDx common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/06/2024 | Date of stock disposal transaction. |
| 09/10/2024 | Date of signature on the Form 4 filing. |
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