CareDx, Inc. (CDNA) insider sells 2,688 shares under trading plan
Rhea-AI Filing Summary
CareDx, Inc. reports that Secretary and General Counsel Jeffrey Adam Novack sold a total of 2,688 shares of common stock on August 5, 2026, in open-market or private transactions pursuant to a Rule 10b5-1 trading plan adopted on September 4, 2025. The sales comprised 2,188 shares at a weighted average price of $46.1492 (range $45.49–$46.45) and 500 shares at $46.75 (range $46.59–$46.94).
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Insider Trade Summary 10b5-1
Net Seller: 2,688 shares
Net Sell
2 txns
Insider
Novack Jeffrey Adam
Role
Secretary and General Counsel
Sold
2,688 shs ($124K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,188 | $46.1492 | $101K |
| Sale | Common Stock F1, F3 | 500 | $46.75 | $23K |
Holdings After Transaction:
Common Stock — 106,075 shares (Direct)
Footnotes (3)
- F1. The transaction reported in this row was effected pursuant to a Rule 10b5-1 trading plan, adopted by the Reporting Person on September 4, 2025.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.49 to $46.45 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.59 to $46.94 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.
Key Figures
Shares sold (first tranche): 2,188 shares
Sale price (first tranche): $46.1492 per share
Shares sold (second tranche): 500 shares
+1 more
4 metrics
Shares sold (first tranche)
2,188 shares
Common stock sold on August 5, 2026 at weighted average price $46.1492
Sale price (first tranche)
$46.1492 per share
Weighted average price; individual trades ranged from $45.49 to $46.45
Shares sold (second tranche)
500 shares
Common stock sold on August 5, 2026 at $46.75 per share
Total shares sold
2,688 shares
Aggregate common shares sold across both reported transactions
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The reported price in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction market
"Transaction code S: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Were the CareDx (CDNA) insider sales made under a Rule 10b5-1 trading plan?
Yes. The sales were effected under a Rule 10b5-1 trading plan adopted by Jeffrey Adam Novack on September 4, 2025. Each reported transaction cites this trading plan, indicating the trades followed pre-established instructions rather than discretionary timing.
How many separate transactions did the CareDx (CDNA) Form 4 report for Jeffrey Adam Novack?
The Form 4 lists two separate sale transactions on August 5, 2026. The first covered 2,188 shares and the second covered 500 shares, for a combined total of 2,688 shares of CareDx common stock sold.
What is Jeffrey Adam Novack’s role at CareDx (CDNA)?
Jeffrey Adam Novack serves as CareDx’s Secretary and General Counsel. The reported transactions therefore reflect stock sales by a senior legal and corporate officer of CareDx, rather than by an outside director or large institutional shareholder.