RABINOWITZ DANIEL 4

What Happened
Daniel Rabinowitz, Secretary and Chief Legal Officer of Natera (NTRA), received 1,745 fully vested Restricted Stock Units (RSUs) on 2026-03-09 and the same 1,745 shares were sold on 2026-03-10 in an open-market transaction at $204.13 per share, generating proceeds of $356,212. The sale was executed to satisfy tax withholding obligations tied to the RSU vesting.

Key Details

• Grant/award: 1,745 RSUs issued 2026-03-09 (RSUs were fully vested at issuance).
• Sale: 1,745 shares disposed 2026-03-10 at $204.13 per share; proceeds reported $356,212.
• Footnotes: Each RSU converts into one common share. The sale was partially effected to satisfy tax withholding and was made pursuant to written instructions intended to meet the affirmative defense conditions of Rule 10b5-1(c) in the Reporting Person's Stock Unit Agreement (granted 2026-03-09).
• Shares owned after the transaction: Not specified in the provided filing.
• Filing date: Form 4 filed 2026-03-11 — appears to be within the usual two-business-day reporting window.

Context
This was an RSU vest-and-sell-to-cover transaction (common for tax withholding). Such sales to satisfy taxes are generally routine and do not necessarily indicate the insider's market view. Purchases typically convey more direct bullish signals than routine tax-related sales.