Natera (NTRA) chair sells 1,718 shares to cover RSU tax obligations
Rhea-AI Filing Summary
Natera, Inc. Executive Chairman Matthew Rabinowitz sold 1,718 shares of Common Stock on July 27, 2026 at an average price of $260.4908 per share. The sale was effected to satisfy tax withholding and remittance obligations in connection with RSU vesting and was made under a written instruction intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. Following the transaction, he directly holds 2,276,125 shares, with an additional 4,000 shares held indirectly by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,718 shares
Net Sell
2 txns
Insider
Rabinowitz Matthew
Role
EXECUTIVE CHAIRMAN
Sold
1,718 shs ($448K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,718 | $260.4908 | $448K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,276,125 shares (Direct);
Common Stock — 4,000 shares (Indirect, By spouse)
Footnotes (1)
- F1. The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs and 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.
Key Figures
Shares sold: 1,718 shares
Sale price per share: $260.4908
Direct holdings after transaction: 2,276,125 shares
+1 more
4 metrics
Shares sold
1,718 shares
Common Stock sold on July 27, 2026
Sale price per share
$260.4908
Average price for Common Stock sale on July 27, 2026
Direct holdings after transaction
2,276,125 shares
Common Stock directly held by Matthew Rabinowitz after the sale
Indirect holdings after transaction
4,000 shares
Common Stock held indirectly by spouse after the transaction
Key Terms
Rule 10b5-1(c), tax withholding and remittance obligations, RSUs, Stock Unit Agreement
4 terms
Rule 10b5-1(c) regulatory
"intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act"
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 in connection with the vesting of RSUs"
RSUs financial
"in connection with the vesting of RSUs and made pursuant to a written instruction"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Stock Unit Agreement financial
"contained in the Reporting Person's Stock Unit Agreement granted on January 26, 2024"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Natera (NTRA) report for Matthew Rabinowitz?
Matthew Rabinowitz sold 1,718 Natera Common Stock shares on July 27, 2026 at $260.4908 per share. The transaction was reported as a sale in the open market or a private transaction and left him with substantial remaining holdings.
Was the Natera (NTRA) insider sale made under a Rule 10b5-1 arrangement?
Yes. The report’s Rule 10b5-1 checkbox is marked and the footnote states the sale followed a written instruction intended to satisfy Rule 10b5-1(c) affirmative defense conditions under the Exchange Act, linked to his stock unit agreement.
What type of security was involved in Matthew Rabinowitz’s Natera (NTRA) transaction?
The transaction involved Common Stock of Natera, Inc. It reflects a non-derivative sale to address RSU-related tax obligations, while derivative securities are not reported as part of this specific Form 4 transaction set.