Natera (NTRA) executive chair sells 731 shares under Rule 10b5-1(c) plan
Rhea-AI Filing Summary
Natera, Inc. reports that Executive Chairman Matthew Rabinowitz sold 731 shares of common stock on 2026-08-03 at $267.9893 per share. The sale was effected to cover tax withholding and remittance obligations from RSU vesting under a Rule 10b5-1(c) instruction. After the transaction he holds 2,275,394 shares directly and 4,000 shares indirectly through his spouse.
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Insider Trade Summary 10b5-1
Net Seller: 731 shares
Net Sell
2 txns
Insider
Rabinowitz Matthew
Role
EXECUTIVE CHAIRMAN
Sold
731 shs ($196K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 731 | $267.9893 | $196K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,275,394 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 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 31, 2025.
Key Figures
Shares sold: 731 shares of Common Stock
Sale price per share: $267.9893
Direct holdings after sale: 2,275,394 shares
+2 more
5 metrics
Shares sold
731 shares of Common Stock
Open-market or private sale on 2026-08-03 by Matthew Rabinowitz
Sale price per share
$267.9893
Per-share price for 731 shares sold on 2026-08-03
Direct holdings after sale
2,275,394 shares
Common stock held directly by Matthew Rabinowitz after the transaction
Indirect holdings after sale
4,000 shares
Common stock held indirectly by spouse as reported on the Form 4
Net shares sold
731 shares
Net sell direction across reported non-derivative transactions
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)"
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
"to satisfy tax withholding and remittance obligations in connection with the vesting"
RSUs financial
"in connection with the vesting of RSUs and was 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 31, 2025"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock sale did Natera (NTRA) report for Matthew Rabinowitz?
Matthew Rabinowitz, Natera’s executive chairman, sold 731 shares of common stock on 2026-08-03 at $267.9893 per share. The sale covered tax withholding on vested RSUs and left him with 2,275,394 direct shares plus 4,000 indirect shares held by his spouse.
Were Matthew Rabinowitz’s Natera (NTRA) trades made under a Rule 10b5-1 plan?
Yes. The filing’s Rule 10b5-1 checkbox is marked and a footnote states the sale was made pursuant to a written instruction intended to satisfy Rule 10b5-1(c) affirmative defense conditions contained in his January 31, 2025 Stock Unit Agreement.
What indirect Natera (NTRA) holdings are reported for Matthew Rabinowitz?
Besides his direct position, the Form 4 lists 4,000 Natera common shares held indirectly by his spouse. This indirect ownership is disclosed separately from his 2,275,394 directly held shares, clarifying the structure of his overall reported beneficial interest.
Does this Natera (NTRA) Form 4 show any option exercises or derivative trades?
No option exercises or derivative transactions are reported in this Form 4. The activity consists of a single sale of 731 common shares to cover RSU-related tax obligations, plus a separate line showing 4,000 shares held indirectly by his spouse as a standing holding.