CDNA Form 4: CCO Jessica Meng reports 4,703-share withholding at $13.53
Rhea-AI Filing Summary
Insider transaction by CareDx, Inc. (CDNA) — Jessica Meng, the company’s Chief Commercial Officer, reported a disposition of 4,703 shares of CareDx common stock on 09/12/2025 at a price of $13.53 per share. After the transaction she beneficially owned 109,629 shares. The filing states these shares were withheld by the issuer to satisfy tax withholding obligations arising from the vesting of restricted stock units. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/15/2025.
Positive
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Negative
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Insights
TL;DR Routine RSU withholding for taxes led to a small insider disposition; no governance red flags disclosed.
The reported 4,703-share disposition appears to be a standard withholding action to satisfy tax obligations upon RSU vesting rather than an open-market sale. The filing identifies the reporting person and role and documents the post-transaction beneficial ownership of 109,629 shares, which maintains continued insider alignment with shareholders. There is no indication in the Form 4 of unusual timing, related-party transfers, or amendments that would suggest governance concerns.
TL;DR Transaction is routine and limited in scale relative to total insider holdings; likely minimal market impact.
The disposition of 4,703 shares at $13.53 per share reflects withholding for tax purposes tied to RSU vesting, as explicitly stated. With 109,629 shares remaining beneficially owned, this transaction reduces holdings by approximately 4.3% of the reported post-transaction total, indicating it is procedural rather than a liquidity-driven sale. No derivative transactions or additional dispositions are reported in this filing.