[Form 4] CareDx, Inc. Insider Trading Activity
Rhea-AI Filing Summary
CareDx, Inc. director and President & CEO Hanna John Walter JR reported option exercises and share sales dated July 16, 2026. He exercised 118,000 employee stock options at $8.2000 per share, acquiring common stock, and sold 118,000 shares in sales at weighted average prices of $36.1141 and $39.0137, effected pursuant to a Rule 10b5-1 trading plan adopted December 12, 2025. Following these transactions, he reported direct ownership of 653,448 common shares and 512,706 employee stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 118,000 shares ($4,458,637)
Net Sell
4 txns
Insider
Hanna John Walter JR
Role
President and CEO
Sold
118,000 shs ($4.46M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 118,000 | $0.00 | -- |
| Exercise | Common Stock | 118,000 | $8.20 | $968K |
| Sale | Common Stock | 50,000 | $36.1141 | $1.81M |
| Sale | Common Stock | 68,000 | $39.0137 | $2.65M |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 512,706 shares (Direct);
Common Stock — 771,448 shares (Direct)
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 12, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.56 to $36.51 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.00 to $39.15 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. 1/4th of the shares subject to the option shall vest on April 15, 2025 and 1/48th of the shares subject to the option shall vest monthly thereafter.
Key Figures
Shares sold: 118,000 shares
Sale price (weighted avg): $36.1141 per share
Sale price (weighted avg): $39.0137 per share
+5 more
8 metrics
Shares sold
118,000 shares
Total common shares sold on 2026-07-16 in two transactions
Sale price (weighted avg)
$36.1141 per share
Weighted average price for 50,000-share sale on 2026-07-16
Sale price (weighted avg)
$39.0137 per share
Weighted average price for 68,000-share sale on 2026-07-16
Options exercised
118,000 shares
Common shares acquired by exercising employee stock options at $8.2000 on 2026-07-16
Exercise price
$8.2000 per share
Exercise price of the employee stock option grant exercised on 2026-07-16
Common shares owned
653,448 shares
Direct common stock holdings reported following the sales on 2026-07-16
Employee stock options outstanding
512,706 options
Employee stock options reported after the derivative transaction on 2026-07-16
10b5-1 plan adoption date
December 12, 2025
Date the CEO adopted the Rule 10b5-1 trading plan governing the reported sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, Employee Stock Option (Right to Buy), derivative security
4 terms
Rule 10b5-1 trading plan regulatory
"was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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.
Employee Stock Option (Right to Buy) financial
"security title: Employee Stock Option (Right to Buy) with underlying common stock"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did CareDx (CDNA) President and CEO report in this Form 4?
He reported exercising 118,000 employee stock options at $8.2000 per share and selling 118,000 common shares on July 16, 2026, with the sales executed at weighted average prices under a Rule 10b5-1 trading plan.
Were the CareDx (CDNA) insider sales made under a Rule 10b5-1 trading plan?
Yes. A footnote states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on December 12, 2025, and the Form 4’s Rule 10b5-1 checkbox is affirmatively marked, indicating the reported sales were made under that plan.
What stock options did the CareDx (CDNA) CEO exercise on July 16, 2026?
He exercised 118,000 Employee Stock Options (Right to Buy) with an exercise price of $8.2000 per share, for 118,000 underlying common shares, from a grant vesting one-quarter on April 15, 2025 and monthly thereafter until fully vested.