Form 4: Natera Executive Chairman Matthew Rabinowitz Sells Shares to Cover Tax Obligations

Matthew Rabinowitz, Executive Chairman of Natera, Inc., sold 1,718 shares of common stock on April 28, 2025, to satisfy tax withholding obligations related to vesting RSUs.

Summary

• On April 28, 2025, Matthew Rabinowitz, the Executive Chairman of Natera, Inc., sold 1,718 shares of common stock.
• The sale was executed at a price of $152.1824 per share.
• This transaction was made to cover tax withholding and remittance obligations associated with the vesting of Restricted Stock Units (RSUs).
• The sale was conducted under a pre-arranged written instruction intended to comply with Rule 10b5-1(c) of the Exchange Act, as part of the Reporting Person's Stock Unit Agreement granted on January 26, 2024.
• Following the transaction, Rabinowitz directly owns 2,362,570 shares of Natera common stock.
• Rabinowitz also indirectly owns 84,000 shares through his spouse.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations and does not indicate a change in the executive's confidence in the company.

Industry Context

Sales of shares by company executives are a common occurrence, often related to tax obligations or diversification strategies. The use of Rule 10b5-1 plans is a standard practice to avoid accusations of insider trading.

Key Dates

Keywords

Natera, NTRA, Matthew Rabinowitz, Executive Chairman, Stock Sale, Form 4, RSUs, Rule 10b5-1(c), Tax Obligations, Beneficial Ownership