Form 4: Natera CEO Steven Chapman Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Natera's CEO, Steven Leonard Chapman, sold a portion of his common stock holdings on May 1, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On May 1, 2025, Steven Leonard Chapman, CEO and President of Natera, Inc., sold shares of Natera's common stock.
- The sales were executed under a Rule 10b5-1 trading plan adopted on December 11, 2023, and amended on December 2, 2024.
- A total of 6,980 shares were sold in multiple transactions at varying weighted average prices.
- The prices ranged from $147.83 to $152.04 per share.
- Following the reported transactions, Chapman directly owns 185,182 shares of Natera common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating insider transactions. The sentiment is neutral as it simply reports facts without expressing any positive or negative views.
Industry Context
Sales by company executives are a normal part of corporate governance. The fact that the sales were executed under a 10b5-1 plan suggests that the sales were pre-planned and not based on any inside information.
Stakeholder Impact
- The stock sale could have a minor negative impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2023-12-11 | Date of adoption of Rule 10b5-1 trading plan |
| 2024-12-02 | Date of amendment of Rule 10b5-1 trading plan |
| 2025-05-01 | Date of stock sale transactions |
| 2025-05-02 | Date of signature of the Form 4 filing |
Keywords
Natera, Steven Chapman, stock sale, Form 4, Rule 10b5-1, insider trading, NTRA
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