CareDx, Inc. (CDNA) director sells 16,000 shares in planned trade
Rhea-AI Filing Summary
CareDx, Inc. director Christine Cournoyer sold 16,000 shares of common stock on 2026-08-04 in open-market transactions under a Rule 10b5-1 trading plan. The weighted average sale price was $46.9358 per share, within a $46.25–$47.2250 range, leaving her with 42,943 shares held directly.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 16,000 shares
Net Sell
1 txn
Insider
COURNOYER CHRISTINE
Role
Director
Sold
16,000 shs ($751K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 16,000 | $46.9358 | $751K |
Holdings After Transaction:
Common Stock — 42,943 shares (Direct)
Footnotes (1)
- F1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.25 to $47.2250 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.
Key Figures
Shares sold: 16,000 shares
Weighted average sale price: $46.9358 per share
Sale price range: $46.25–$47.2250 per share
+1 more
4 metrics
Shares sold
16,000 shares
Common Stock sale on 2026-08-04
Weighted average sale price
$46.9358 per share
Weighted average price for 16,000-share sale
Sale price range
$46.25–$47.2250 per share
Multiple sale transactions executed within this range
Shares owned after sale
42,943 shares
Direct ownership following the reported transaction
Key Terms
Rule 10b5-1, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 regulatory
"Transactions are designated under a Rule 10b5-1 trading plan."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
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.
open market or private transaction market
"Transaction code description: Sale in open market or private transaction."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CareDx (CDNA) report in this Form 4?
CareDx reported that director Christine Cournoyer sold 16,000 shares of common stock on 2026-08-04. The transaction was a sale in the open market or private transaction and is associated with a Rule 10b5-1 trading plan.
Was the CareDx (CDNA) insider sale made under a Rule 10b5-1 trading plan?
Yes. The transaction is designated as being under a Rule 10b5-1 trading plan, as indicated by the checked Rule 10b5-1 box. Such pre-arranged plans automate trades according to preset instructions, reducing the role of day-to-day discretion in timing.
Is the CareDx (CDNA) sale categorized as a market purchase or sale transaction?
The transaction is coded as “S”, meaning a sale in an open market or private transaction. This code confirms the activity was a disposition of shares rather than an acquisition or option exercise.