secwatch.observer — SEC 8-K summary
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Issuer:     CareDx, Inc. (CDNA)
CIK:        0001217234
Form:       8-K
Filed at:   2024-10-04T23:59:59+00:00
Accession:  0001217234-24-000089
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CareDx President of Patient and Testing Services Alexander Johnson departs; receives $817,920 in cash severance
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- Alexander Johnson, President of Patient and Testing Services, separated without cause on Sept 13, 2024.
- Will receive 6 months base salary plus COBRA premiums, and $517,920 lump sum (200% of 2024 target bonus).
- Also receives $300,000 unpaid retention bonus payable in Dec 2024.
- Signed consulting agreement for up to 40 hrs/month for 6 months; fee $107,901 plus equity vesting.
- Subject to 12-month non-solicitation of employees and mutual non-disparagement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1217234/000121723424000089/0001217234-24-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1217234/000121723424000089/cdna-20240930.htm
  HTML page:      https://secwatch.observer/filing/0001217234-24-000089

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer