CareDx Board Member Maag Reduces Stake, Retains 318,846 Shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CareDx Director Peter Maag has reported the sale of 10,000 shares of common stock at a weighted average price of $19.242 per share on June 17, 2025. The transaction was executed pursuant to a Rule 10b5-1 trading plan established on August 21, 2024.
The shares were sold in multiple transactions with prices ranging from $18.80 to $19.52. Following the reported transaction, Maag continues to hold 318,846 shares directly.
- Transaction Type: Sale (S)
- Ownership Type: Direct (D)
- Total Transaction Value: Approximately $192,420
- Trading Plan: Executed under pre-established 10b5-1 plan
This insider sale represents approximately 3% of Maag's direct holdings in CareDx and was conducted under a predetermined trading plan, which helps avoid concerns about insider trading.
Positive
- None.
Negative
- Director Peter Maag sold 10,000 shares at an average price of $19.24 through a pre-planned 10b5-1 trading plan, while retaining 318,846 shares
Insider Trade Summary
Net Seller: 10,000 shares ($192,420)
Net Sell
1 txn
Insider
Maag Peter
Role
Director
Sold
10,000 shs ($192K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $19.242 | $192K |
Holdings After Transaction:
Common Stock — 318,846 shares (Direct)
Footnotes (1)
- The transaction reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted by the Reporting Person on August 21, 2024. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.80 to $19.52, inclusive. The reporting person undertakes to provide to CareDx, Inc., any security holder of CareDx, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
FAQ
What is Peter Maag's remaining CDNA stock position after the June 2025 sale?
Following the reported transaction, Peter Maag directly owns 318,846 shares of CareDx (CDNA) common stock.
Was CDNA insider Peter Maag's stock sale part of a 10b5-1 trading plan?
Yes, the transaction was executed pursuant to a Rule 10b5-1 trading plan that Peter Maag adopted on August 21, 2024.
What is Peter Maag's role at CareDx (CDNA)?
According to the Form 4 filing, Peter Maag serves as a Director of CareDx (CDNA).