CareDx (CDNA) CEO has 62,049 shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CareDx, Inc.'s President and CEO John Walter Hanna Jr. reported a routine tax-related share disposition. On the vesting of restricted stock units, 62,049 shares of common stock were withheld by the company at $17.57 per share to cover tax obligations. After this withholding, he continues to hold 686,757 common shares directly, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hanna John Walter JR
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 62,049 | $17.57 | $1.09M |
Holdings After Transaction:
Common Stock — 686,757 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 62,049 shares
Withholding reference price: $17.57 per share
Shares held after transaction: 686,757 shares
+1 more
4 metrics
Shares withheld for taxes
62,049 shares
Withheld to satisfy tax obligations on RSU vesting
Withholding reference price
$17.57 per share
Value used for tax-withholding disposition
Shares held after transaction
686,757 shares
CEO’s direct CareDx common stock holdings post-transaction
Tax-withholding transactions
1 transaction
Form 4 shows one F-code tax-withholding disposition
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition, Form 4
4 terms
restricted stock units financial
"in connection with the 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.
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.