CareDx (CDNA) CFO/COO Kennedy Keith Withholds 8,220 Shares

What Happened

• Kennedy Keith, Chief Financial Officer and Chief Operating Officer of CareDx (CDNA), had 8,220 shares withheld by the company on Sept 12, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were valued at $52.37 each, a total disposition value of $430,481.
• This was a withholding to cover taxes (administrative disposition), not an open-market sale or purchase that would signal a change in investment stance.

Key Details

• Transaction date: 2026-09-12; Price per share: $52.37; Total value: $430,481.
• Transaction type/code: F — shares withheld to satisfy tax withholding on RSU issuance (cashless/withholding disposition).
• Footnote: F1 — issuer withheld shares to satisfy certain tax withholding obligations upon RSU vesting.
• Shares owned after the transaction: not disclosed in the provided filing.
• Filing date/accession: Form filed 2026-09-15 (for the 2026-09-12 transaction). No late-filing flag was provided in the supplied data.

Context

• This is a routine tax-withholding event that occurs when restricted stock units vest; the company retains (withholds) shares rather than the insider selling shares on the open market to pay taxes.
• Such withholding transactions are administrative and generally not interpreted as a strong signal of the insider’s view on the company’s outlook.