Meng Jessica 4

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.