CareDx (CDNA) CEO logs 21,998-share open-market stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CareDx, Inc. President and CEO John Walter Hanna Jr. reported an open-market sale of 21,998 shares of Common Stock on June 11, 2026 at a weighted average price of $24.0223 per share. The transaction was executed under a Rule 10b5-1 trading plan adopted on December 13, 2024, and left him with 649,642 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 21,998 shares ($528,443)
Net Sell
1 txn
Insider
Hanna John Walter JR
Role
President and CEO
Sold
21,998 shs ($528K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 21,998 | $24.0223 | $528K |
Holdings After Transaction:
Common Stock — 649,642 shares (Direct, null)
Footnotes (1)
- The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.11 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: 21,998 shares
Weighted average sale price: $24.0223 per share
Post-transaction holdings: 649,642 shares
+2 more
5 metrics
Shares sold
21,998 shares
Open-market sale on June 11, 2026
Weighted average sale price
$24.0223 per share
Common Stock transaction on June 11, 2026
Post-transaction holdings
649,642 shares
Common Stock directly owned after sale
Price range of trades
$24.00–$24.11 per share
Multiple transactions comprising the reported sale
Net shares sold
21,998 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024."
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 sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CareDx (CDNA) report for its CEO?
CareDx President and CEO John Walter Hanna Jr. reported selling 21,998 shares of Common Stock in an open-market transaction. The sale occurred on June 11, 2026 and was executed under a pre-established Rule 10b5-1 trading plan adopted in December 2024.
Was the CareDx (CDNA) CEO’s stock sale made under a Rule 10b5-1 plan?
Yes. A footnote explains the sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2024. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary market-timing decisions.
What does weighted average price mean in the CareDx (CDNA) Form 4?
Weighted average price means the reported $24.0223 per share reflects many individual trades at slightly different prices. The filing notes the CEO’s 21,998 shares sold between $24.00 and $24.11. Detailed trade-by-trade information is available from the issuer or SEC staff upon request.