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|4Feb 4, 4:21 PM ET

Hanna John Walter JR 4

Research Summary

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CareDx CEO John Hanna Receives 200K-Share Award; Withholds 13,694

What Happened

  • John W. Hanna Jr., President, CEO and Director of CareDx, received equity awards on Feb 2, 2026 totaling 200,132 shares (two awards reported). The grants are reported at $0.00 (typical for RSU/PRSU awards). Separately, 13,694 shares were withheld to satisfy tax withholding obligations; those withheld shares were valued in the filing at $20.42 each, totaling $279,631.
  • Using the $20.42 per-share figure shown for the withholding, the 200,132 awarded shares would be roughly worth $4.09 million (market-value estimate, not a cash transaction). The transaction is an award/vesting event, not an open-market buy or sell.

Key Details

  • Transaction dates: Feb 2, 2026 (reported on Form 4 filed Feb 4, 2026 — within the typical two-business-day filing window).
  • Reported entries:
    • A: 162,500 shares (RSUs) @ $0.00 (Acquired) — see footnote re: vesting schedule.
    • A: 37,632 shares (PRSUs earned) @ $0.00 (Acquired) — PRSUs certified as earned by the Compensation and Human Capital Committee.
    • F: 13,694 shares withheld @ $20.42 (Disposed) = $279,631 (tax withholding).
  • Shares owned after the transaction: not specified in the excerpt provided.
  • Footnotes of note:
    • RSU vesting schedule: one-third vests April 6, 2027, then remaining two-thirds vest in equal quarterly installments over the subsequent eight quarters; 100% vests on the third anniversary of April 6, 2027, subject to continued employment.
    • PRSUs were earned based on performance criteria certified Feb 2, 2026.
    • Withholding (F) reflects shares withheld by the issuer to satisfy tax obligations upon issuance/vesting.

Context

  • These entries reflect equity compensation (time-based RSUs and performance-based PRSUs) and routine tax-withholding via share retention. The withheld shares are not an open-market sale signaling a change in investment view; they are a standard payroll/tax procedure when equity vests.
  • For retail investors: awards increase insider exposure to the company over time as vesting occurs, but awards alone are common executive compensation and do not necessarily indicate insider buying conviction.