Novack Jeffrey Adam 4

What Happened
Jeffrey Adam Novack, CareDx (CDNA) Secretary and General Counsel, had 3,987 shares withheld by the company to satisfy tax withholding obligations tied to the issuance of shares upon RSU vesting. The withholding occurred on 2026-04-01 at an implied value of $17.87 per share, totaling approximately $71,248. This is a routine tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-04-01; Price used: $17.87 per share; Total value: ~$71,248.
• Transaction type/code: F — Payment of exercise price or tax liability (shares withheld).
• Footnote: Shares were withheld by the issuer to satisfy tax withholding for vested restricted stock units (RSUs).
• Shares owned after transaction: Not specified in the provided filing.
• Filing date/accession: Filed 2026-04-03 (appears timely relative to the 2-business-day Form 4 filing requirement).

Context
Withholding shares to cover taxes on vested RSUs is a common, administrative action and does not necessarily reflect the insider’s view of the company’s prospects. For investors, purchases or open-market sales are generally more informative about sentiment than tax-withholding dispositions.