CareDx director exercises options for 26,500 shares
CareDx, Inc. director Michael Goldberg exercised stock options to acquire additional common shares.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
CareDx, Inc. director Michael Goldberg exercised stock options to acquire additional common shares. On March 31, 2026, he exercised options covering 26,500 shares of CareDx common stock at exercise prices of $5.02, $4.95, and $1.22 per share.
Following these option exercises, Goldberg directly owned 183,961 shares of CareDx common stock. The exercised options were originally subject to vesting schedules beginning in 2016 and 2017, with monthly vesting thereafter as described in the filing footnotes. No sales or gifts were reported in this filing.
Insider Trade Summary
26,500 shares exercised/converted
Exercise
6 txns
Insider
Goldberg Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 5,255 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) | 9,745 | $0.00 | $0.00 |
| Exercise | Stock Option | 11,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,255 | $5.02 | $26K |
| Exercise | Common Stock | 9,745 | $4.95 | $48K |
| Exercise | Common Stock | 11,500 | $1.22 | $14K |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Stock Option — 0 contracts (Direct);
Common Stock — 183,961 shares (Direct)
Footnotes (3)
- F1. 1/12th of the shares subject to the option shall vest on July 16, 2016 and 1/12th of the shares subject to the option shall vest monthly thereafter.
- F2. 1/12th of the shares subject to the option shall vest on August 1, 2016 and the shares subject to the option shall vest monthly thereafter through the earlier of the next annual shareholder meeting or July 1, 2017.
- F3. 1/12th of the shares subject to the option shall vest on August 13, 2017 and the shares subject to the option shall vest monthly thereafter through July 13, 2018.
Key Figures
Options exercised: 26,500 shares
Exercise price: $5.02 per share
Exercise price: $4.95 per share
+5 more
8 metrics
Options exercised
26,500 shares
Total derivative shares exercised on March 31, 2026
Exercise price
$5.02 per share
Stock Option (right to buy) into common stock
Exercise price
$4.95 per share
Stock Option (right to buy) into common stock
Exercise price
$1.22 per share
Stock Option into common stock
Shares acquired at $5.02
5,255 shares
Common stock from option exercise on March 31, 2026
Shares acquired at $4.95
9,745 shares
Common stock from option exercise on March 31, 2026
Shares acquired at $1.22
11,500 shares
Common stock from option exercise on March 31, 2026
Shares held after transactions
183,961 shares
Total direct CareDx common stock owned by Michael Goldberg
Key Terms
Stock Option (right to buy), derivative security, Common Stock, vesting, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Common Stock financial
"underlying_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.
vesting financial
"shares subject to the option shall vest monthly thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"conversion_or_exercise_price: "5.0200""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CareDx (CDNA) director Michael Goldberg report?
Michael Goldberg reported exercising stock options to acquire 26,500 shares of CareDx common stock. The options converted into common shares at exercise prices of $5.02, $4.95, and $1.22 per share, with all transactions dated March 31, 2026.
What stock option exercise prices were disclosed in the CareDx (CDNA) Form 4?
The Form 4 shows stock options exercised at three exercise prices: $5.02, $4.95, and $1.22 per share. Each option exercise converted into an equal number of CareDx common shares, totaling 26,500 shares across the three option grants.
Did the CareDx (CDNA) Form 4 show any stock sales by Michael Goldberg?
The Form 4 reports only option exercises coded as “M” for derivative exercise or conversion, with no transactions marked as sales. All six transactions are classified as acquisitions, and the net buy-sell direction in the summary is listed as neutral.
What vesting terms are disclosed for Michael Goldberg’s CareDx (CDNA) options?
Footnotes state that portions of the option grants began vesting in 2016 and 2017. One grant vested 1/12th on July 16, 2016, another on August 1, 2016, and another on August 13, 2017, with remaining shares vesting monthly thereafter under each schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
