Insider at Natera, Inc. (NTRA) sells shares to cover RSU tax obligations
Rhea-AI Filing Summary
Natera, Inc. reported that its Secretary and Chief Legal Officer, Daniel Rabinowitz, sold a total of 1,887 shares of common stock in two transactions on July 27–28, 2026. The sales, at prices around $260.4908 and a weighted-average $254.0704 per share, were effected to satisfy tax withholding and remittance obligations upon RSU vesting under written instructions intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,887 shares
Net Sell
2 txns
Insider
RABINOWITZ DANIEL
Role
SEC. AND CHIEF LEGAL OFFICER
Sold
1,887 shs ($485K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2, F3 | 1,003 | $254.0704 | $255K |
| Sale | Common Stock F1 | 884 | $260.4908 | $230K |
Holdings After Transaction:
Common Stock — 170,407 shares (Direct)
Footnotes (3)
- F1. The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of Restricted Stock Units ("RSUs") and was made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on January 26, 2024.
- F2. The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs and was made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on January 27, 2023.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $254.0696 to $254.3500 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold 2026-07-27: 884 shares
Shares sold 2026-07-28: 1,003 shares
Total shares sold: 1,887 shares
+3 more
6 metrics
Shares sold 2026-07-27
884 shares
Common stock sale by Daniel Rabinowitz on July 27, 2026
Shares sold 2026-07-28
1,003 shares
Common stock sale by Daniel Rabinowitz on July 28, 2026
Total shares sold
1,887 shares
Aggregate of both reported transactions in this Form 4
Price on 2026-07-27
$260.4908 per share
Per-share sale price for 884 shares of common stock
Weighted-average price 2026-07-28
$254.0704 per share
Weighted-average sale price for 1,003 shares of common stock
Price range 2026-07-28
$254.0696–$254.3500 per share
Range of prices for multiple transactions included in the weighted average
Key Terms
Restricted Stock Units (RSUs), Rule 10b5-1(c), tax withholding and remittance obligations, weighted average price
4 terms
Restricted Stock Units (RSUs) financial
"in connection with the vesting of Restricted Stock Units (RSUs)"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Rule 10b5-1(c) regulatory
"intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)"
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
tax withholding and remittance obligations financial
"effected in order to satisfy tax withholding and remittance obligations"
weighted average price financial
"The reported price in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Natera (NTRA) disclose in this Form 4?
Natera (NTRA) disclosed that its Secretary and Chief Legal Officer, Daniel Rabinowitz, sold a total of 1,887 shares of common stock in two transactions on July 27 and 28, 2026, as reported in this Form 4 filing.
Who is the reporting insider in Natera (NTRA)'s latest Form 4?
The reporting insider is Daniel Rabinowitz, who serves as Secretary and Chief Legal Officer of Natera (NTRA). He reported two sales of Natera common stock that were linked to the vesting of restricted stock units and related tax obligations.
Were the Natera (NTRA) insider sales made under a Rule 10b5-1 arrangement?
Yes. The footnotes state that each sale was made pursuant to a written instruction contained in Rabinowitz’s stock unit agreements that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act for pre-established trading instructions.