RABINOWITZ DANIEL 4
Research Summary
AI-generated summary
Natera Chief Legal Officer Daniel Rabinowitz Sells 330 Shares
What Happened
- Daniel Rabinowitz, Natera's Secretary and Chief Legal Officer, disposed of 330 shares of Natera (NTRA) on May 1, 2026. The shares were sold at $206.16 per share for a total proceeds value of $68,033. The transaction is reported as a sale (S) executed via an open market or private sale.
Key Details
- Transaction date and price: 2026-05-01 — 330 shares at $206.16 per share (total $68,033).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: The sale was made to satisfy tax withholding and remittance obligations connected to the vesting of RSUs. It was made pursuant to a written instruction intended to meet the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act, per the Stock Unit Agreement granted Jan 31, 2025.
- Timeliness: Form filed 2026-05-05 for a 2026-05-01 transaction; this filing appears to be within the standard two-business-day reporting window.
Context
- This sale appears to be a routine transfer to cover tax withholding on vested restricted stock units (RSUs) rather than an open-market disposition intended as an investment decision. Such tax-withholding sales are common and typically do not by themselves signal a change in insider sentiment about the company.