CareDx (CDNA) director Fred E. Cohen receives 9,795-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohen Fred E reported acquisition or exercise transactions in this Form 4 filing.
CareDx, Inc. director Fred E. Cohen received an equity grant of 9,795 shares of Common Stock in the form of restricted stock units. These RSUs vest 100% on the earlier of one year from the grant date or the day before the first Annual Meeting after the grant date, subject to his continuous service. Following this award, he holds 165,060 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
Cohen Fred E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,795 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 165,060 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 9,795 shares
Price per share: $0.0000 per share
Holdings after transaction: 165,060 shares
+1 more
4 metrics
RSU grant size
9,795 shares
Restricted stock units awarded to director on grant date
Price per share
$0.0000 per share
Equity grant issued at no cash cost
Holdings after transaction
165,060 shares
Total direct Common Stock holdings after RSU grant
Vesting schedule
100% cliff vest
Earlier of one year from grant or day before first Annual Meeting
Key Terms
restricted stock units, RSUs, Annual Meeting
3 terms
restricted stock units financial
"The reported securities are represented by restricted stock units ("RSUs")"
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.
RSUs financial
"The reported securities are represented by restricted stock units ("RSUs")"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Annual Meeting financial
"on the earlier of the one year anniversary of grant or the day immediately before the first Annual Meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
What insider transaction did CareDx (CDNA) report for Fred E. Cohen?
CareDx reported that director Fred E. Cohen received a grant of 9,795 restricted stock units. These units represent Common Stock and were awarded at no cash cost as part of his equity compensation.
What are the vesting terms of Fred E. Cohen’s new RSUs at CareDx (CDNA)?
The 9,795 restricted stock units vest 100% on the earlier of the one-year anniversary of the grant date or the day immediately before the first Annual Meeting after the grant. Vesting requires his continuous service through the applicable vesting date.
Is Fred E. Cohen’s CareDx (CDNA) transaction a market buy or sell?
The transaction is a grant or award acquisition, not a market buy or sell. It is coded as an “A” transaction, reflecting equity compensation in restricted stock units rather than an open-market trade.