Form 4: CareDx CFO Abhishek Jain Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Abhishek Jain, CFO of CareDx, Inc., disposed of 11,244 shares of common stock on February 3, 2025, to cover tax obligations related to vesting restricted stock units.
Summary
- On February 3, 2025, Abhishek Jain, the Chief Financial Officer of CareDx, Inc., disposed of 11,244 shares of the company's common stock.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- The shares were sold at a price of $23.32 per share.
- Following the transaction, Jain directly owns 254,292 shares of CareDx common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing represents a routine transaction for tax purposes and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This particular filing reflects a common practice of selling shares to cover tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of stock disposal transaction. |
| 02/05/2025 | Date of signature on the Form 4 filing. |
Keywords
CareDx, Abhishek Jain, CDNA, Form 4, Stock Disposal, CFO, Tax Withholding, Restricted Stock Units, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.