Form 4: CareDx CFO Abhishek Jain Reports Stock Transaction
SEC Form 4 Filing
Abhishek Jain, CFO of CareDx, Inc., reports a transaction involving the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On May 1, 2024, CareDx CFO Abhishek Jain reported a transaction involving CareDx, Inc. [CDNA] common stock.
- A total of 7,371 shares were withheld by the issuer to satisfy tax obligations related to the vesting of restricted stock units.
- The price per share for the transaction was $9.18.
- Following the transaction, Jain directly owns 285,683 shares of CareDx common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard tax withholding procedure and doesn't indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when a company insider, like the CFO, engages in a transaction involving the company's stock. It provides transparency to investors regarding the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock transaction (tax withholding). |
| 05/03/2024 | Date of signature for the Form 4 filing. |
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