Form 4: CareDx CFO Abhishek Jain Reports Stock Transaction
SEC Form 4 Filing
Abhishek Jain, CFO of CareDx, Inc., reports the disposal of 7,686 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On May 1, 2025, Abhishek Jain, the Chief Financial Officer of CareDx, Inc., disposed of 7,686 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The price per share was $15.07.
- Following the transaction, Jain directly owns 329,394 shares of CareDx common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals by executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes and does not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of stock transaction (disposal of shares). |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
CareDx, Abhishek Jain, CFO, Form 4, Stock Transaction, Beneficial Ownership, CDNA, Tax Withholding, Restricted Stock Units
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