Form 4: Natera CFO Michael Brophy Reports Stock Transactions

Michael Brophy, CFO of Natera, Inc., reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.

Summary

• On October 22, 2024, Michael Brophy, the CFO of Natera, Inc., had 1,250 Restricted Stock Units (RSUs) vest.
• Following the vesting, Brophy sold 496 shares of common stock on October 23, 2024, at a weighted average price of $119.0897 per share.
• The sale was executed to satisfy tax withholding obligations related to the vesting of the RSUs, under a pre-arranged 10b5-1(c) trading plan.
• After these transactions, Brophy directly owns 74,314 shares of Natera common stock and 5,000 RSUs.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, as it relates to tax obligations and pre-planned sales.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. It provides transparency to investors about the trading activities of key personnel.

Key Dates