TORRES ARTHUR A 4
Research Summary
AI-generated summary
CareDx (CDNA) Director Arthur Torres Sells 10,570 Shares
What Happened
Arthur A. Torres, a director of CareDx, sold a total of 10,570 shares in two open-market transactions: 4,086 shares on 2026-05-14 reported at a weighted average price of $20.97 ($85,698) and 6,484 shares on 2026-05-15 reported at a weighted average price of $19.89 ($128,978). Total proceeds across both days were about $214,676. These were sales (not purchases or option exercises), which are often routine insider liquidity events.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-05-14: 4,086 shares @ reported $20.97 (footnote: prices ranged $20.96–$21.03)
- 2026-05-15: 6,484 shares @ reported $19.89 (footnote: prices ranged $19.73–$20.105)
- Total shares sold: 10,570; total proceeds: ≈ $214,676.
- Shares owned after the transactions: not specified in the summary data provided in this request (see the Form 4 for post-transaction holdings).
- Footnotes note that the Column 4 prices are weighted averages and the seller can provide a breakdown of the individual trade prices on request.
- Filing timing: Form filed 2026-05-18 covering transactions on 2026-05-14 and 05-15. Form 4s are generally due within two business days of a transaction; review the Form 4 for any late-filing disclosure.
Context
Sales by directors can be routine (diversification, tax, personal liquidity) and do not by themselves indicate a change in company fundamentals. Purchases typically carry more weight as signals. These entries are open-market sales reported as weighted averages across multiple trades (see footnotes for price ranges). For full details on holdings and exact trade timestamps/prices, consult the official Form 4 (Accession No. 0001251737-26-000001).