CareDx director granted 9,795 RSUs
COURNOYER CHRISTINE reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
COURNOYER CHRISTINE reported acquisition or exercise transactions in this Form 4 filing.
CareDx, Inc. director Christine Cournoyer received a grant of 9,795 shares of common stock in the form of restricted stock units. The RSUs vest 100% on the earlier of one year after the grant date or immediately before the first annual meeting after the grant, subject to continued service. Following this grant, she directly holds 58,943 shares.
Insider Trade Summary 10b5-1
Grant/Award: 9,795 shares
Grant/Award
1 txn
Insider
COURNOYER CHRISTINE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,795 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 58,943 shares (Direct)
Footnotes (1)
- F1. The reported securities are represented by restricted stock units ("RSUs"), of which the RSUs vests 100% on the earlier of the one year anniversary of grant or the day immediately before the first Annual Meeting that occurs after the grant date., subject to the Reporting Person's continuous service on each applicable vesting date.
Key Figures
RSU grant size: 9,795 shares
Grant price per share: $0.00 per share
Post-transaction holdings: 58,943 shares
+1 more
4 metrics
RSU grant size
9,795 shares
Restricted stock units awarded to director on grant date
Grant price per share
$0.00 per share
RSU award granted at no purchase price
Post-transaction holdings
58,943 shares
Total CareDx common shares directly held after grant
Vesting schedule
100% cliff vest
Earlier of one year after grant or before first annual meeting after grant
Key Terms
restricted stock units, RSUs, Annual Meeting
3 terms
restricted stock units financial
"The reported securities are represented by restricted stock units ("RSUs")"
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.
RSUs financial
"The reported securities are represented by restricted stock units ("RSUs")"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Annual Meeting financial
"on the earlier of the one year anniversary of grant or the day immediately before the first Annual Meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CareDx (CDNA) report for Christine Cournoyer?
CareDx reported that director Christine Cournoyer received 9,795 shares of common stock through a restricted stock unit grant. These shares were awarded at no purchase price and increased her direct holdings to 58,943 shares after the transaction.
What are the vesting terms of the RSUs granted to the CareDx (CDNA) director?
The restricted stock units granted to the CareDx director vest 100% on the earlier of one year from the grant date or the day immediately before the first annual meeting after the grant. Vesting requires the director’s continuous service through the applicable vesting date.
Was the CareDx (CDNA) Form 4 transaction a market purchase or sale?
The Form 4 transaction was not a market purchase or sale. It was a grant of 9,795 restricted stock units awarded at a price of $0.00 per share as stock-based compensation to director Christine Cournoyer.
Does the CareDx (CDNA) Form 4 indicate any derivative security activity?
The Form 4 does not report any derivative security exercises or conversions. It only shows a non-derivative acquisition of 9,795 shares of common stock through a restricted stock unit grant, with no remaining derivative positions listed in the derivative summary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
