secwatch.observer — SEC 8-K summary
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Issuer:     CareDx, Inc. (CDNA)
CIK:        0001217234
Form:       8-K
Filed at:   2025-03-28T23:59:59+00:00
Accession:  0001217234-25-000016
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CareDx enters amended change-of-control severance deal with CFO Abhishek Jain
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- CFO Abhishek Jain gets 12 months base salary lump sum, full equity vesting, and target bonus upon qualifying termination 3 months before or 12 months after a change of control.
- Outside the change-of-control period, Jain receives 12 months base salary paid periodically plus 12 months COBRA reimbursement.
- New agreement dated March 27, 2025, supersedes the prior 2022 agreement and remains in effect while Jain is employed.
- If termination occurs before first anniversary, equity awards vest pro rata for the initial 25% cliff tranche only.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1217234/000121723425000016/0001217234-25-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1217234/000121723425000016/cdna-20250328.htm
  HTML page:      https://secwatch.observer/filing/0001217234-25-000016

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