[144] Natera, Inc. SEC Filing
Rhea-AI Filing Summary
Natera, Inc. insider sale notice for common stock. The filer reports a proposed sale of 22,000 common shares through Charles Schwab & Co., with an aggregate market value of $4,237,900 and approximately 137,248,106 shares outstanding, representing about 0.016% of outstanding stock. The shares were originally acquired as founders' shares on 04/30/2012 from the issuer. The form also discloses five prior sales by the same person in July–September 2025 totaling 15,210 shares and gross proceeds shown for each trade. The filer attests no undisclosed material adverse information and includes standard Rule 144 representations.
Positive
- Disclosure compliance: The filer provided broker, share count, and acquisition details consistent with Rule 144 requirements
- Insider attestation: The filer certifies no undisclosed material adverse information, meeting procedural obligations
Negative
- Insider selling activity: Multiple small sales in JulySeptember 2025 may indicate ongoing insider dispositions
Insights
TL;DR: Small insider disposition planned; not immediately material to cap structure.
The filing notifies the market of a proposed sale of 22,000 common shares valued at $4.24 million via a broker. Compared with the reported 137.25 million shares outstanding, the planned sale is a very small fraction of the float. The notice also lists recent dispositions totaling 15,210 shares earlier in July–September 2025, indicating ongoing insider selling activity. The document is procedural under Rule 144 and contains the filers standard attestation about material nonpublic information.
TL;DR: Routine compliance disclosure of an insider sale under Rule 144; governance implications are limited.
This Form 144 documents a proposed sale of founder-originated shares and summarizes prior small sales by the same individual. The form includes the required representations and broker details. There is no disclosure of new governance changes, compensatory arrangements, or material developments in the issuers operations within this filing. As a compliance filing, it alerts investors to insider liquidity but does not by itself signal corporate governance events.