Natera CFO Sells Shares for Tax Withholding Under Rule 10b5-1
Natera, Inc.
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Filing Summary
📊 Form 4 Alert: Natera, Inc. ($NTRA) Insider: Brophy Michael Burkes (Chief Financial Officer) Transaction: Sale of 1,979 shares of Common Stock for ~$827,842 (avg. price ~$418.31) Remaining Holdings: 49,658 shares Significance: Low (Routine sales to cover tax obligations from RSU vesting under Rule 10b5-1)
Comprehensive Analysis
Insider Transaction Summary
On October 27 and October 28, 2026, Michael Burkes Brophy, Chief Financial Officer of Natera, Inc. ($NTRA), executed sales totaling 1,979 shares of Common Stock for an aggregate amount of approximately $827,842.
Key Details:
- Dates & Pricing:
- October 27, 2026: 781 shares sold at $406.00 per share ($317,086.00).
- October 28, 2026: 1,198 shares sold at $426.3404 per share ($510,755.80).
- Nature of Sales: Both transactions were sell-to-cover transactions specifically executed to satisfy tax withholding and remittance obligations upon the vesting of Restricted Stock Units (RSUs).
- Rule 10b5-1 Plan: The sales were made pursuant to pre-established written instructions intended to qualify for the affirmative defense conditions of Rule 10b5-1(c).
- Post-Transaction Beneficial Ownership: Following these transactions, Mr. Brophy directly owns 49,658 shares of Natera Common Stock.
Trading Significance
This filing carries Low trading significance. The transactions represent routine, automatic dispositions designed to satisfy tax liabilities associated with RSU vesting rather than discretionary open-market divestments.
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