Form 4: Natera CFO Michael Brophy Sells Shares to Cover Tax Obligations

Natera's CFO, Michael Brophy, sold shares of common stock on March 17, 2025, to cover tax withholding obligations related to vesting RSUs.

Summary

• Michael Brophy, the CFO of Natera, Inc., reported the sale of Natera common stock on March 17, 2025.
• The sales were executed in two transactions at prices of $146.0277 and $149.575 per share.
• A total of 792 shares were sold.
• These sales were made to satisfy tax withholding and remittance obligations related to the vesting of Restricted Stock Units (RSUs).
• The transactions were conducted under a pre-arranged trading plan (Rule 10b5-1(c)).
• Following the reported transactions, Brophy directly owns 71,869 shares of Natera common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock sales for tax purposes, indicating a neutral sentiment.

Industry Context

This is a routine Form 4 filing, reflecting insider transactions related to equity compensation. It's common for executives to sell shares to cover tax obligations when RSUs vest.

Stakeholder Impact

• The stock sale by the CFO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates

Keywords

Natera, NTRA, Michael Brophy, CFO, Form 4, Stock Sale, RSU, Rule 10b5-1(c), Tax Obligations, Insider Trading