CareDx (CDNA) General Counsel Jeffrey Novack Withholds 2,872 Shares

What Happened
Jeffrey Adam Novack, Secretary and General Counsel of CareDx, had 2,872 shares withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The shares were valued at $47.85 each, for a total value of $137,425, and the transaction is reported for the 2026-08-01 vesting date.

Key Details

• Transaction date: 2026-08-01; reported on Form 4 filed 2026-08-04.
• Transaction type/code: F — shares withheld to satisfy tax withholding.
• Quantity and price: 2,872 shares @ $47.85 = $137,425 (cash value of withheld shares).
• Footnote: F1 — issuer withheld these shares to satisfy tax withholding for RSU issuance.
• Shares owned after the transaction: not specified in the provided filing.

Context
This was a tax-withholding disposition tied to RSU vesting, not an open-market sale. Such withholdings are routine and generally reflect tax obligations rather than a direct signal about the insider’s view on the stock. The filing appears to have been submitted shortly after the vesting date.