CareDx (CDNA) CCO has shares withheld to cover taxes on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CareDx, Inc. Chief Commercial Officer Jessica Meng reported a Form 4 showing a tax-related share disposition rather than an open-market trade. On this date, 2,411 shares of common stock were withheld by the company at $29.25 per share to cover tax obligations tied to vesting restricted stock units. After this withholding, she directly owned 168,287 shares, which include 1,306 shares acquired under the company’s Employee Stock Purchase Plan on June 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Meng Jessica
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,411 | $29.25 | $71K |
Holdings After Transaction:
Common Stock — 168,287 shares (Direct, null)
Footnotes (1)
- 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. Includes 1,306 shares acquired under the Issuer's Employee Stock Purchase Plan on June 30, 2026.
Key Figures
Tax-withheld shares: 2,411 shares
Withholding price: $29.25 per share
Shares owned after transaction: 168,287 shares
+1 more
4 metrics
Tax-withheld shares
2,411 shares
Common stock withheld to satisfy tax obligations on RSU vesting
Withholding price
$29.25 per share
Price at which 2,411 shares were withheld for taxes
Shares owned after transaction
168,287 shares
Direct CareDx common stock holdings following the tax withholding
ESPP shares included
1,306 shares
Shares acquired under Employee Stock Purchase Plan on June 30, 2026
Key Terms
restricted stock units, Employee Stock Purchase Plan, tax withholding obligations
3 terms
restricted stock units financial
"in connection with the 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.
Employee Stock Purchase Plan financial
"Includes 1,306 shares acquired under the Issuer's Employee Stock Purchase Plan on June 30, 2026"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding obligations financial
"withheld by the Issuer in order to satisfy certain tax withholding obligations"
FAQ
What did CareDx (CDNA) executive Jessica Meng report on this Form 4?
Jessica Meng reported a tax-related share disposition, not an open-market trade. CareDx, Inc. withheld 2,411 common shares to satisfy tax obligations from vesting restricted stock units, while she continued to hold 168,287 shares directly after the transaction.