Form 4: Natera CEO Steven Chapman Reports Stock Transactions
SEC Form 4
Natera's CEO, Steven Chapman, reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- Steven Leonard Chapman, CEO and President of Natera, Inc., reported changes in beneficial ownership of Natera's common stock.
- On April 20, 2025, 3,386 restricted stock units (RSUs) vested, converting into common stock.
- On April 21, 2025, Chapman sold 1,643 shares at $145.54 and 21 shares at $146.0714 to cover tax obligations related to the RSU vesting.
- Following these transactions, Chapman directly owns 198,365 shares of Natera common stock and 10,158 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by an insider. It doesn't indicate any significant positive or negative sentiment.
Positives
- The vesting of RSUs indicates that Chapman is meeting the vesting requirements set out in his Stock Unit Agreement granted on January 28, 2022.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale of shares to cover tax obligations is a common practice.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders, as they are related to routine stock vesting and sales for tax purposes.
Key Dates
| Date | Description |
|---|---|
| January 28, 2022 | Date of Reporting Person's Stock Unit Agreement |
| January 20, 2023 | 25% of the RSUs vested |
| April 20, 2025 | Vesting of 3,386 Restricted Stock Units |
| April 21, 2025 | Sale of 1,643 shares at $145.54 and 21 shares at $146.0714 |
| April 22, 2025 | Date of Form 4 filing |
Keywords
Natera, NTRA, Steven Chapman, Form 4, Beneficial Ownership, Restricted Stock Units, RSU, Stock Sale, CEO, Insider Trading
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.