Form 4: CareDx Officer Alexander L. Johnson Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Alexander L. Johnson, President of Patient and Testing Services at CareDx, Inc., reported the disposal of 7,371 shares of common stock on August 1, 2024, to cover tax withholding obligations.
Summary
- On August 1, 2024, Alexander L. Johnson, an officer at CareDx, Inc., disposed of 7,371 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The shares were withheld by the issuer at a price of $23.58 per share.
- Following the transaction, Johnson directly owns 319,214 shares of CareDx common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company officers.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock disposal transaction |
| 08/05/2024 | Date of signature on the Form 4 filing |
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