Hanna John Walter JR 4
Research Summary
AI-generated summary
CareDx (CDNA) President & CEO John Hanna Withholds 8,511 Shares for Taxes
What Happened John Walter Hanna Jr., President, CEO and Director of CareDx (CDNA), had 8,511 shares withheld on July 1, 2026 to satisfy tax withholding obligations related to the issuance of shares upon RSU vesting. The withholding was done at $29.25 per share, for a total value of $248,947. This was a tax-withholding disposition of vested restricted stock units, not an open-market sale.
Key Details
- Transaction date: 2026-07-01; price used for withholding: $29.25 per share.
- Shares withheld/disposed: 8,511; total value: $248,947.
- Footnote: These shares were withheld by the issuer to satisfy tax withholding obligations in connection with RSU vesting (F1).
- Shares owned after the transaction: not specified in the filing.
- Filing date: 2026-07-06 (filed five days after the transaction), which is later than the typical 2-business-day Form 4 filing window.
Context This was a routine tax-withholding transaction tied to RSU vesting (a cashless-like withholding), not an indicator of a deliberate open-market sale or change in sentiment. Such withholdings are common for executives when restricted stock units vest and do not necessarily reflect a view on the company's prospects.