Rule 10b5-1 plan leads CareDx (CDNA) CEO share sales
Rhea-AI Filing Summary
CareDx, Inc. President and CEO John Walter Hanna Jr., who is also a director, reported open-market sales of the company’s common stock. On January 21, 2026, he sold 200 shares at $21.00 per share, and on January 22, 2026, he sold 19,280 shares at a weighted average price of $21.163 per share. These transactions were coded as open market sales and were made under a Rule 10b5-1 trading plan adopted on December 13, 2024. Following the later transaction, he beneficially owned 597,405 shares of CareDx common stock directly.
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FAQ
What insider activity did CareDx (CDNA) report in this Form 4?
The filing shows President and CEO John Walter Hanna Jr., also a director, sold shares of CareDx common stock in two open-market transactions and reported his updated direct holdings.
How many CareDx (CDNA) shares did the CEO sell and at what prices?
On January 21, 2026, he sold 200 shares at $21.00 per share. On January 22, 2026, he sold 19,280 shares at a weighted average price of $21.163 per share.
How many CareDx (CDNA) shares does the CEO hold after these transactions?
After the reported transactions, John Walter Hanna Jr. beneficially owned 597,405 shares of CareDx common stock directly.
Were the CareDx CEO’s share sales under a Rule 10b5-1 plan?
Yes. The filing states that the sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2024.
Why is the $21.163 price for CareDx (CDNA) shares described as a weighted average?
The filing explains that the $21.163 figure is a weighted average price for shares sold in multiple transactions at prices ranging from $21.00 to $21.43 per share, inclusive.
Does the CareDx CEO offer more detail on the individual trade prices?
The reporting person states they will provide to the issuer, any security holder, or SEC staff, upon request, full information on the number of shares sold at each separate price within the quoted range.