Form 4: Natera Executive Daniel Rabinowitz Sells 1,057 Shares to Cover Tax Obligations

Daniel Rabinowitz, SEC. AND CHIEF LEGAL OFFICER of Natera, Inc., sold 1,057 shares of common stock on July 29, 2024, to cover tax withholding obligations related to vesting RSUs.

Summary

• On July 29, 2024, Daniel Rabinowitz, SEC. AND CHIEF LEGAL OFFICER of Natera, Inc., sold 1,057 shares of common stock.
• The shares were sold at a price of $102.7657 per share.
• The sale was executed to satisfy tax withholding and remittance obligations related to the vesting of Restricted Stock Units (RSUs).
• The transaction was made pursuant to a pre-arranged written instruction intended to comply with Rule 10b5-1(c) under the Exchange Act, as part of the Reporting Person's Stock Unit Agreement granted on January 27, 2023.
• Following the transaction, Rabinowitz directly owns 206,400 shares of Natera, Inc. common stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Sales of shares by company executives to cover tax obligations upon vesting of restricted stock units are a common practice and generally don't indicate a change in the executive's long-term outlook for the company.

Key Dates