CareDx (NASDAQ: CDNA) withholds 2,872 shares for taxes
Rhea-AI Filing Summary
CareDx, Inc. reported that Secretary and General Counsel Jeffrey Adam Novack had 2,872 shares of common stock withheld on August 1, 2026 at $47.85 per share to satisfy tax withholding obligations related to vesting restricted stock units. After this disposition, he directly holds 108,763 shares of CareDx common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,872 shares
Net Sell
1 txn
Insider
Novack Jeffrey Adam
Role
Secretary and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,872 | $47.85 | $137K |
Holdings After Transaction:
Common Stock — 108,763 shares (Direct)
Footnotes (1)
- F1. These shares were withheld by the Issuer in order to satisfy certain tax withholding obligations in connection with the issuance of shares upon the vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 2,872 shares
Per-share value for withholding: $47.85 per share
Shares owned after transaction: 108,763 shares
+1 more
4 metrics
Shares withheld for taxes
2,872 shares
Withheld on 2026-08-01 to satisfy tax obligations tied to RSU vesting
Per-share value for withholding
$47.85 per share
Amount used for the tax-withholding disposition of common stock
Shares owned after transaction
108,763 shares
Direct common stock holdings of Jeffrey Adam Novack following the withholding
Tax-related disposition shares
2,872 shares
ExercisePriceOrTaxLiabilityShares reported in the transaction summary
Key Terms
restricted stock units, tax withholding obligations, Common Stock
3 terms
restricted stock units financial
"issuance of shares upon the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld by the Issuer in order to satisfy certain tax withholding obligations in connection"
Common Stock financial
"security_title": "Common Stock", for the reported non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CareDx (CDNA) report for Jeffrey Adam Novack?
CareDx reported that Jeffrey Adam Novack, its Secretary and General Counsel, had 2,872 shares of common stock withheld. The shares were withheld on August 1, 2026 to satisfy tax obligations arising from the issuance of shares upon the vesting of restricted stock units.
Was the CareDx (CDNA) insider transaction made under a Rule 10b5-1 trading plan?
The transaction was not reported as being made under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox in the Form 4 data is marked false, indicating the withholding was not carried out pursuant to such a pre-arranged trading plan.