Form 4: Natera CEO Steven Chapman Reports Stock Transactions
SEC Form 4 Filing
Natera's CEO, Steven Chapman, reports the acquisition and disposal of common stock and restricted stock units to cover tax obligations.
Summary
- Steven Leonard Chapman, CEO and President of Natera, Inc., filed a Form 4 detailing changes in beneficial ownership.
- The report covers transactions from July 20, 2024, to July 22, 2024.
- Chapman acquired shares through the vesting of Restricted Stock Units (RSUs) and disposed of shares to cover tax withholding obligations.
- Specifically, 3,386 shares vested on July 20, 2024, and 1,774 shares vested on July 21, 2024.
- On July 22, 2024, 2,638 shares were sold at a weighted average price of $105.1591 per share.
- Following these transactions, Chapman directly owns 210,377 shares of common stock and 3,550 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the sale of shares by the CEO, but the overall impact is likely minimal as it is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/22/2021 | Date of Stock Unit Agreement grant. |
| 01/28/2022 | Date of Stock Unit Agreement grant. |
| 01/21/2022 | 25% of RSUs vested. |
| 01/20/2023 | 25% of RSUs vested. |
| 07/20/2024 | Vesting of 3,386 RSUs. |
| 07/21/2024 | Vesting of 1,774 RSUs. |
| 07/22/2024 | Sale of 2,638 shares at an average price of $105.1591. |
| 07/23/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.