[144] Natera, Inc. SEC Filing
Rhea-AI Filing Summary
Natera, Inc. (NTRA) Form 144 notice shows proposed and recent sales of common stock by Solomon Moshkevich. The filer plans to sell 3,000 shares through Morgan Stanley Smith Barney on 09/02/2025 with an aggregate market value of $499,864.50 based on the filing. The issuer has 137,248,106 shares outstanding per the form. The seller acquired the 3,000 shares being offered as restricted stock and performance shares between 12/20/2024 and 01/26/2025 (lots of 818, 1,648, 292 and 242 shares). In the past three months the same person sold a total of 9,372 shares across five transactions (dates from 07/01/2025 to 08/14/2025) generating gross proceeds of approximately $1,482,439 as listed on the form. The filing includes standard Rule 144 attestations but does not provide a filer CIK or contact details in the visible tables.
Positive
- Transparency: The form discloses acquisition dates and nature of award (restricted stock and performance shares) for the securities being sold.
- Routine compliance: Broker and planned sale date are provided, enabling market transparency for the proposed sale.
Negative
- Missing contact identifiers: The provided extract does not include a filer CIK or submission contact details in the visible tables.
- Concentration of recent sales: The filer sold 9,372 shares in the past three months, which could be notable for monitoring insider activity despite being small versus total shares outstanding.
Insights
TL;DR: Routine insider sale consistent with recent acquisitions; transaction size is small relative to outstanding shares.
The filing documents a proposed sale of 3,000 common shares and recent disposals totaling 9,372 shares by the same individual. The proposed sale's aggregate market value of $499,864.50 and the 9,372 shares previously sold represent a trivial fraction of the issuer's 137,248,106 shares outstanding (well under 0.01%). Acquisitions disclosed on the form indicate the shares to be sold were awarded as restricted stock and performance shares between December 2024 and January 2025, suggesting insider liquidity rather than external purchase. No earnings or operational data are provided, so the filing's material impact on company valuation or operations appears limited and procedural.
TL;DR: Disclosure aligns with Rule 144 mechanics; document includes standard certifications but lacks some contact identifiers in the visible tables.
The notice includes the required details about the class of securities, broker name, number of shares, acquisition dates, and nature of acquisition (restricted stock and performance shares). The signer represents no undisclosed material adverse information per the form. The visible tables do not show a filer CIK or submission contact details, which may be present elsewhere in the filing system but are not included in the provided extract. From a governance perspective, these are routine insider sales disclosures with no red flags in the presented data.