Form 4: CareDx Executive Alexander L. Johnson Reports Stock Transaction
SEC Form 4 Filing
Alexander L. Johnson, President of Patient and Testing Services at CareDx, Inc., reports disposition of shares to cover tax obligations.
Summary
- On June 17, 2024, Alexander L. Johnson, President of Patient and Testing Services at CareDx, Inc., reported a transaction involving the disposition of 9,253 shares of common stock.
- The shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The transaction was executed at a price of $13.54 per share.
- Following the transaction, Johnson directly owns 328,909 shares of CareDx common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of stock transaction |
| 06/20/2024 | Date of signature on the Form 4 filing |
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