Kennedy Keith 4

What Happened Kennedy Keith, CareDx (CDNA) Chief Financial Officer and Chief Operating Officer, had 11,725 shares disposed on April 1, 2026 through share withholding to cover tax liabilities tied to the issuance of vested restricted stock units (RSUs). The withholding occurred at a per-share value of $17.87, totaling approximately $209,526. This was not an open-market sale but a routine tax-withholding disposition related to equity compensation.

Key Details

• Transaction date and price: April 1, 2026; 11,725 shares withheld at $17.87 per share.
• Total value of shares withheld: ~$209,526.
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding obligations upon RSU vesting.
• Filing: Form 4 filed April 3, 2026; no late filing flag indicated (appears timely within the standard two-business-day reporting window).

Context Withholding shares to cover taxes is a common, administrative outcome when RSUs vest and generally does not signal a directional view by the insider. This is a disposition for tax purposes (transaction code F), not a purchase or open-market sale; retail investors should view it as routine compensation-related activity rather than an indicator of insider sentiment.