Hanna John Walter JR 4
Research Summary
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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.