Form 4: Natera CEO Steven Chapman Reports Stock Sale to Cover Tax Obligations

Natera CEO Steven Chapman sold 6,702 shares of common stock on March 17, 2025, to cover tax obligations related to vesting RSUs.

Summary

• On March 17, 2025, Steven Leonard Chapman, CEO and President of Natera, Inc., sold 6,702 shares of Natera's common stock.
• The sale was executed at a price of $146.0277 per share.
• The transaction was conducted to satisfy tax withholding and remittance obligations related to the vesting of Restricted Stock Units (RSUs).
• The sale was made pursuant to a written instruction intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
• Following the transaction, Chapman directly owns 203,354 shares of Natera's common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. The stock sale is related to tax obligations and executed under a pre-arranged plan, not necessarily indicative of the CEO's sentiment towards the company's future prospects.

Industry Context

This is a routine disclosure of an insider stock sale, common for executives to cover tax obligations when RSUs vest. It doesn't necessarily reflect a change in the executive's confidence in the company.

Stakeholder Impact

• The stock sale could have a minor, temporary impact on the stock price due to increased selling pressure.

Key Dates

Keywords

Natera, Steven Chapman, stock sale, Form 4, RSUs, Rule 10b5-1, insider trading, NTRA