CareDx Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
News > Business News
Audio By Carbonatix
1:05 PM on Friday, November 7
The Associated Press
SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Nov 7, 2025--
CareDx, Inc. (Nasdaq: CDNA) — The Transplant Company™ — a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced the award of inducement grants.
On November 4, 2025, as an inducement material to acceptance of employment with CareDx, 49 new employees were awarded restricted stock units (RSUs) for an aggregate of 113,250 shares of common stock.
Additionally, on November 4, 2025, CareDx granted to Dr. Jeffrey Teuteberg, the Company’s newly appointed Chief Medical Officer, 88,180 RSUs as an inducement material to Dr. Teuteberg’s acceptance of employment with CareDx.
The RSU awards were made pursuant to the Company’s 2025 Inducement Equity Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4).
The RSUs will vest over four years, with 25% of the RSUs vesting on the first anniversary of each employee’s vesting commencement date, and 1/16th of the RSUs vesting on each date that is three (3) months thereafter subject to each employee’s continued service through each vesting date.
CareDx is providing this information in accordance with Nasdaq Listing Rule 5635(c)(4).
View source version on businesswire.com:https://www.businesswire.com/news/home/20251107124581/en/
CONTACT: CareDx
Media
Natasha Moshirian Wagner
Investor Relations
Caroline Corner
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: RESEARCH MEDICAL DEVICES CLINICAL TRIALS HEALTH TECHNOLOGY HEALTH INSURANCE BIOTECHNOLOGY HEALTH PHARMACEUTICAL SCIENCE
SOURCE: CareDx, Inc.
Copyright Business Wire 2025.
PUB: 11/07/2025 04:05 PM/DISC: 11/07/2025 04:05 PM
http://www.businesswire.com/news/home/20251107124581/en
