[Form 4] CareDx, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 144 filing for Roku, Inc. (ROKU): The notice discloses a proposed sale of 1,500 common shares by insider Daniel Jedda. The shares, acquired as restricted stock on 11/15/2023, are to be sold through Morgan Stanley Smith Barney LLC with an aggregate market value of $136,500. Roku reports 146.657 million shares outstanding, so the proposed sale equals roughly 0.001% of total shares. An earlier sale of 1,500 shares on 06/16/2025 generated gross proceeds of $121,980. The approximate sale date for the current transaction is 07/10/2025 on the NASDAQ exchange. The filer affirms no possession of undisclosed material adverse information and acknowledges Rule 10b5-1 representations.

Positive

• None.

Negative

• Insider selling: A Roku insider filed to sell 1,500 shares, which some investors may perceive as a modest negative signal, although the size is immaterial.

Insights

Securities Analyst

TL;DR — Small insider sale; immaterial to float, neutral impact.

The Form 144 reveals a planned divestiture of 1,500 Roku shares—about 0.001% of shares outstanding—valued at $136.5k. Such a volume is far below the 1% Rule 144 threshold and unlikely to influence market liquidity or the investment thesis. The same insider sold an identical block last month, signaling routine diversification rather than a strategic shift. Absent earnings data or broader context, the filing is neutral for investors.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Maag Peter

(Last) (First) (Middle)

C/O CAREDX, INC.

8000 MARINA BOULVARD

(Street)

BRISBANE CA 94005

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CareDx, Inc. [ CDNA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/07/2025		S		10,000(1)	D	$18.5831(2)	308,846	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The transaction reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted by the Reporting Person on August 21, 2024.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.40 to $18.86 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Peter Maag	07/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Roku (ROKU) shares are being sold under this Form 144?

The notice covers 1,500 common shares.

What is the aggregate market value of the proposed Roku share sale?

The filing lists an aggregate market value of $136,500.

When is the approximate sale date for the Roku insider transaction?

The shares are expected to be sold on 07/10/2025.

What percentage of Roku’s outstanding shares does this sale represent?

With 146.657 million shares outstanding, the sale equals about 0.001% of the float.

Which broker and exchange are involved in the sale?

The broker is Morgan Stanley Smith Barney LLC, and the sale will occur on the NASDAQ.