Form 4: CareDx CFO Abhishek Jain Reports Stock Transaction
SEC Form 4 Filing
Abhishek Jain, CFO of CareDx, Inc., reports the withholding of 235 common stock shares by the issuer to cover tax obligations related to vesting restricted stock units on April 8, 2024.
Summary
- On April 8, 2024, Abhishek Jain, the Chief Financial Officer of CareDx, Inc., had 235 shares of common stock withheld by the issuer.
- The withholding was to satisfy tax obligations related to the vesting of restricted stock units.
- The price per share for the transaction was $9.53.
- Following the transaction, Jain directly owns 293,377 shares of CareDx common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax withholding, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 04/08/2024 | Date of stock transaction (tax withholding). |
| 04/10/2024 | Date of signature on the Form 4 filing. |
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