Form 4: Natera Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Solomon Moshkevich, President of Clinical Diagnostics at Natera, Inc., sold 1,196 shares of common stock to cover tax obligations related to vesting RSUs.
Summary
- On October 28, 2024, Solomon Moshkevich, President of Clinical Diagnostics at Natera, Inc., sold 1,196 shares of Natera's common stock.
- The shares were sold at a price of $118.2105 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, Moshkevich directly owns 110,695 shares of Natera's common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (stock sale for tax obligations) with no inherent positive or negative implications for the company's overall outlook.
Industry Context
Sales of shares to cover tax obligations upon vesting of RSUs are a common practice among corporate executives and are generally viewed as routine transactions.
Key Dates
| Date | Description |
|---|---|
| January 27, 2023 | Date of the Reporting Person's Stock Unit Agreement. |
| October 28, 2024 | Date of the stock sale transaction. |
| October 30, 2024 | Date of signature for the Form 4 filing. |
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