[Form 4] CareDx, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CareDx, Inc. executive Keith Kennedy, the company’s CFO and COO, reported a routine tax-related share withholding. On the vesting of restricted stock units, 11,725 shares of common stock were withheld by the issuer at $17.87 per share to cover tax obligations.
Following this tax-withholding disposition, Kennedy directly holds 197,414 shares of CareDx common stock. The transaction reflects compensation-related share settlement mechanics rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kennedy Keith
Role
CFO & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 11,725 | $17.87 | $210K |
Holdings After Transaction:
Common Stock — 197,414 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 11,725 shares
Withholding share value: $17.87 per share
Shares held after transaction: 197,414 shares
+2 more
5 metrics
Shares withheld for taxes
11,725 shares
Common stock withheld to satisfy tax obligations on RSU vesting
Withholding share value
$17.87 per share
Value per share used for the tax-withholding disposition
Shares held after transaction
197,414 shares
Direct common stock ownership following tax-withholding disposition
Transaction code
Code F
Payment of tax liability by delivering securities
Transaction direction
Dispose
Classified as tax-withholding disposition, not open-market sale
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition, Common Stock, +1 more
5 terms
restricted stock units financial
"issuance of shares upon the vesting of restricted stock units"
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.
tax withholding obligations financial
"withheld by the Issuer in order to satisfy certain tax withholding obligations"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.