Hanna John Walter JR 4
4 · CareDx, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
CareDx CEO John W. Hanna Jr Withholds 35,037 Shares for Taxes
What Happened John W. Hanna Jr, President, CEO and a director of CareDx, had 35,037 shares withheld by the company on April 1, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The withholding was recorded at $17.87 per share, totaling approximately $626,111. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-04-01; filing date: 2026-04-03 (timely Form 4).
- Withheld shares: 35,037 at $17.87 per share; total value ≈ $626,111.
- Transaction code: F (shares withheld to satisfy tax withholding on issuance of shares upon RSU vesting).
- Shares owned after transaction: not specified in the filing.
- Footnote: Issuer withheld these shares to satisfy tax withholding obligations related to RSU vesting.
Context This was a routine tax-withholding action associated with RSU vesting (a cashless-type settlement where shares are retained by the issuer to pay taxes), not a voluntary sale on the market. Such withholdings are common and generally do not signal insider buying or selling intent.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-04-01$17.87/sh−35,037$626,111→ 748,806 total
Footnotes (1)
- [F1]These shares were withheld by the Issuer in order to satisfy certain tax withholding obligations in connection with the issuance of shares upon the vesting of restricted stock units.