CareDx, Inc.·4

Jul 2, 4:00 PM ET

Kennedy Keith 4

Research Summary

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CareDx (CDNA) CFO/COO Kennedy Keith Withholds 2,930 Shares for Taxes

What Happened

  • Kennedy Keith, CareDx's Chief Financial Officer and Chief Operating Officer, had 2,930 shares withheld by the company on July 1, 2026. The shares were recorded at $29.25 each, totaling $85,703, to satisfy tax withholding obligations associated with the issuance of shares upon RSU vesting. This was a withholding (code F), not an open-market sale.

Key Details

  • Transaction date: 2026-07-01; filing date: 2026-07-02 (timely filing).
  • Price per share: $29.25; total value of withheld shares: $85,703.
  • Shares owned after the transaction: Not specified in the provided filing excerpt.
  • Footnotes:
    • F1: Shares were withheld by the issuer to satisfy tax withholding obligations in connection with the issuance of shares upon RSU vesting.
    • F2: Includes 1,306 shares acquired under the issuer's Employee Stock Purchase Plan on June 30, 2026.
  • Transaction code: F (tax withholding upon issuance/vesting).

Context

  • Withholding to cover taxes is a routine administrative disposition and does not represent an open-market sale or necessarily indicate a change in the insider’s view of the company. The filing shows issuance/vesting activity and tax settlement rather than a deliberate liquidity-driven sale.