CareDx Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
The award was granted under CareDx’s inducement plan and will vest in two equal installments if McNally remains in service.
- On Thursday, CareDx, Inc. granted 15,822 restricted share units to newly appointed Executive Advisor James McNally as a material inducement for his employment.
- The company's Compensation Committee approved the award under the 2025 Inducement Equity Incentive Plan, complying with Nasdaq Listing Rule 5635 for new employee inducements.
- Vesting occurs in two equal tranches: 50% of the RSUs vest on January 2, 2027, and 50% vest on July 2, 2027, subject to McNally's continued service.
- Headquartered in Brisbane, California, CareDx specializes in precision medicine diagnostics across transplant, specialty oncology, and cell therapy using non-invasive molecular biomarker testing.
- Separately, Xenon Pharmaceuticals announced equity inducement grants to 11 employees on Friday, consisting of an aggregate of 32,758 share options and 19,013 RSUs.
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Xenon Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
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CareDx Announces Inducement Grants Under Nasdaq ...
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