CareDx (CDNA) director receives 9,795 RSUs in equity grant
Rhea-AI Filing Summary
Gunasekaran Suresh reported acquisition or exercise transactions in this Form 4 filing.
CareDx, Inc. director Suresh Gunasekaran reported receiving an equity award of 9,795 shares of Common Stock, represented by restricted stock units (RSUs). These RSUs vest 100% on the earlier of one year after the grant or the day immediately before the first Annual Meeting after the grant, subject to his continuous service. Following this award, he holds 37,248 shares directly.
Positive
- None.
Negative
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Insights
Routine RSU grant increases director’s equity stake at CareDx.
The filing shows director Suresh Gunasekaran receiving 9,795 restricted stock units, a common form of equity compensation for board members. The grant carries no cash cost to him, with a zero transaction price per share.
The RSUs vest in full on the earlier of one year from grant or the day before the first Annual Meeting after grant, conditioned on continuous service. This structure is typical, aligning director incentives with shareholder outcomes over the service period.
After the grant, Gunasekaran directly holds 37,248 shares of Common Stock, indicating a meaningful but routine alignment with the company’s equity. The filing does not show any sales or option exercises, only this compensation-related acquisition.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,795 | $0.00 | $0.00 |
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
Key Terms
restricted stock units ("RSUs") financial
Annual Meeting financial
continuous service financial
Form 4 regulatory
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