Form 4: CareDx Director Peter Maag Exercises Stock Options
SEC Form 4 Filing
Peter Maag, a director at CareDx, Inc., exercised stock options to acquire 13,281 shares of common stock at a price of $5.27 on April 29, 2024.
Summary
- On April 29, 2024, Peter Maag, a director of CareDx, Inc., exercised employee stock options.
- This transaction involved the acquisition of 13,281 shares of common stock at a price of $5.27 per share.
- Following the transaction, Maag directly owns 327,264 shares of CareDx common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the actions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 01/22/2016 | Original grant date of the employee stock options |
| 01/22/2020 | Date the employee stock options were fully vested |
| 04/29/2024 | Date of the transaction where stock options were exercised |
| 05/01/2024 | Date of signature on the Form 4 filing |
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