Meng Jessica 4
Accession 0002036499-26-000001
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 4:24 PM ET
Size
9.0 KB
Accession
0002036499-26-000001
Research Summary
AI-generated summary of this filing
CareDx CCO Jessica Meng Receives 71,579-Share Award
What Happened
Jessica Meng, Chief Commercial Officer of CareDx (CDNA), was awarded a total of 71,579 stock units on February 2, 2026 (60,000 RSUs and 11,579 PRSUs). The filing shows no cash purchase price for the awards (reported at $0). To satisfy tax withholding obligations, 4,430 shares were withheld/disposed at $20.42 per share, totaling $90,461.
Key Details
- Transaction date: February 2, 2026; Form 4 filed February 4, 2026. No late filing is indicated.
- Awards: 60,000 restricted stock units (RSUs) and 11,579 performance RSUs (PRSU) (reported as acquisitions, code A).
- Withholding: 4,430 shares withheld/ disposed (code F) at $20.42 each for ~$90,461 in taxes.
- Shares owned after transaction: not specified in this filing.
- Footnotes of note:
- RSU vesting schedule: one‑third vests on April 6, 2027; remaining two‑thirds vest quarterly over the next two years, with 100% vested on the third anniversary (subject to continued employment). (F1)
- The 11,579 shares were PRSUs granted Feb 1, 2025 and certified as earned by the Compensation and Human Capital Committee on Feb 2, 2026. (F2)
- The withheld 4,430 shares satisfied tax withholding on the PRSU issuance. (F3)
Context
This filing reflects an equity award being issued and standard tax withholding on vesting/issuance, not an open‑market sale signal. PRSUs indicate the shares were earned based on performance metrics and then issued; withholding shares to cover taxes is a common administrative step and does not necessarily indicate a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-02+60,000→ 169,629 total - Award
Common Stock
[F2]2026-02-02+11,579→ 181,208 total - Tax Payment
Common Stock
[F3]2026-02-02$20.42/sh−4,430$90,461→ 176,778 total
Footnotes (3)
- [F1]The reported securities are represented by restricted stock units ("RSUs"), of which one-third will vest on April 6, 2027 and the remaining two-thirds will vest in equal quarterly installments thereafter on the last day of each of the subsequent eight quarters, rounded down to the nearest whole share until the last such installment, such that one-hundred percent of the RSUs will be vested on the third anniversary of April 6, 2027, subject to the Reporting Person's continuous employment on each applicable vesting date.
- [F2]The reported securities were subject to a performance restricted stock unit ("PRSU") award that was initially granted on February 1, 2025, and were earned by the Reporting Person upon the achievement of certain performance criteria as certified by the Compensation and Human Capital Committee of the Issuer's Board of Directors on February 2, 2026.
- [F3]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 PRSUs.
Signature
Documents
Issuer
CareDx, Inc.
CIK 0001217234
Related Parties
1- filerCIK 0002036499
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 4:24 PM ET
- Size
- 9.0 KB