Form 4: CareDx Executive Alexander L. Johnson Reports Tax-Related Stock Disposal
SEC Form 4
Alexander L. Johnson, President of Patient and Testing Services at CareDx, Inc., reports the disposal of 7,371 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On May 1, 2024, Alexander L. Johnson, President of Patient and Testing Services at CareDx, Inc., disposed of 7,371 shares of common stock.
- The disposal was conducted to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The price per share for the transaction was $9.18.
- Following the transaction, Johnson directly owns 338,162 shares of CareDx common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal, which is a common occurrence when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock disposal transaction. |
| 05/03/2024 | Date of Form 4 filing. |
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