Form 4: Natera CFO Michael Brophy Reports Stock Transactions
SEC Form 4 Filing
Michael Brophy, CFO of Natera, Inc., reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- On March 28, 2025, Natera CFO Michael Brophy vested 6,250 shares of common stock from restricted stock units (RSUs).
- On March 31, 2025, Brophy sold 2,494 shares at $138.4101 and 68 shares at $138.36 to cover tax obligations related to the RSU vesting.
- Following these transactions, Brophy directly owns 75,557 shares of Natera common stock and 6,250 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as an indicator of management's view of the company's value.
Key Dates
| Date | Description |
|---|---|
| 01/22/2021 | Reporting Person was granted RSUs covering 25,000 shares of Common Stock which vest in tranches upon the Reporting Person achieving certain milestones relating to a combination of the passage of time and the Reporting Person achieving certain milestones relating to the Issuer's stock price. |
| 03/28/2025 | RSUs covering 6,250 shares of Common Stock vested. |
| 03/31/2025 | Sale of 2,494 shares at $138.4101 and 68 shares at $138.36. |
| 04/01/2025 | Date of signature for the Form 4 filing. |
Keywords
Natera, NTRA, Form 4, Michael Brophy, CFO, Stock Transaction, Restricted Stock Units, RSU, Beneficial Ownership
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