[Form 4] Natera, Inc. Insider Trading Activity
Insider stock vesting and related sales at Natera, Inc. (NTRA). The reporting person had 1,675 restricted stock units (RSUs) vest upon certification that specific time- and performance-based milestones were met; each RSU converts into one share of common stock. Following vesting, the reporting person beneficially owned 153,425 shares before share disposals. To satisfy tax withholding obligations tied to the vesting, the filer sold 678 shares in two transactions at prices of $155.46 and $155.30, leaving 152,747 shares beneficially owned after the reported activity. The sales were made pursuant to a written instruction intended to meet the affirmative defense conditions of Rule 10b5-1.
Vesting di azioni insider e vendite correlate in Natera, Inc. (NTRA). Alla persona segnalante sono state attribuite 1.675 unit脿 azionarie vincolate (RSU) a seguito della certificazione del raggiungimento di specifici traguardi temporali e di performance; ogni RSU si converte in una azione ordinaria. Dopo il vesting, la persona beneficiaria deteneva 153.425 azioni prima delle disposizioni. Per adempiere agli obblighi fiscali connessi al vesting, il dichiarante ha venduto 678 azioni in due operazioni ai prezzi di $155,46 e $155,30, rimanendo con 152.747 azioni dopo l鈥檃ttivit脿 riportata. Le vendite sono state effettuate in base a istruzioni scritte finalizzate a soddisfare le condizioni della difesa affermativa prevista dalla Regola 10b5-1.
Vesting de acciones internas y ventas relacionadas en Natera, Inc. (NTRA). La persona informante tuvo 1.675 unidades restringidas de acciones (RSU) que se consolidaron tras certificarse que se cumplieron determinados hitos temporales y de rendimiento; cada RSU se convierte en una acci贸n ordinaria. Tras el vesting, la persona beneficiaria pose铆a 153.425 acciones antes de las disposiciones. Para cubrir las obligaciones fiscales derivadas del vesting, el declarante vendi贸 678 acciones en dos transacciones a precios de $155,46 y $155,30, quedando con 152.747 acciones despu茅s de la operaci贸n informada. Las ventas se realizaron conforme a instrucciones por escrito dise帽adas para cumplir las condiciones de la defensa afirmativa de la Regla 10b5-1.
Natera, Inc. (NTRA)鞚� 雮措秬鞛� 欤检嫕 氩犾姢韺� 氚� 甏�霠� 毵る弰. 氤搓碃鞚胳潃 韸轨爼 鞁滉皠 氚� 靹标臣 旮办鞚� 於╈”霅橃棃鞚岇潉 鞚胳氚涭晞 1,675臧滌潣 鞝滍暅攵� 欤检嫕 雼渼(RSU)臧� 氩犾姢韺呺悩鞐堨姷雼堧嫟; 臧� RSU電� 氤错喌欤� 1欤茧 鞝勴櫂霅╇媹雼�. 氩犾姢韺� 鞚错泟 氤搓碃鞚胳潃 觳橂秳 鞝� 153,425欤�毳� 鞁れ 靻岇湢頃橁碃 鞛堨棃鞀惦媹雼�. 氩犾姢韺呾棎 霐半ジ 靹戈笀 鞗愳矞歆曥垬 鞚橂毳� 於╈”頃橁赴 鞙勴暣 氤搓碃鞚胳潃 678欤�毳� 霊� 瓯挫潣 瓯半灅搿� 臧侁皝 $155.46 氚� $155.30鞐� 毵る弰頃橃棳 氤搓碃霅� 頇滊彊 鞚错泟 152,747欤�毳� 氤挫湢頃橁矊 霅橃棃鞀惦媹雼�. 鞚� 毵る弰霌れ潃 10b5-1 攴滌箼鞚� 鞝侁饭鞝� 氚╈柎 臁瓣贝鞚� 於╈”頃橁赴 鞙勴暅 靹滊┐ 歆�鞁滌棎 霐半澕 鞚措（鞏挫鞀惦媹雼�.
Vesting d鈥檃ctions d鈥檌niti茅s et ventes connexes chez Natera, Inc. (NTRA). La personne d茅clarante a vu 1 675 unit茅s d鈥檃ctions restreintes (RSU) devenir acquises apr猫s la certification de l鈥檃tteinte de certains jalons temporels et de performance聽; chaque RSU se convertit en une action ordinaire. Apr猫s le vesting, la personne b茅n茅ficiaire d茅tenait 153 425 actions avant les cessions. Pour satisfaire aux obligations fiscales li茅es au vesting, le d茅clarant a vendu 678 actions en deux transactions aux prix de $155,46 et $155,30, restant d茅tenteur de 152 747 actions apr猫s l鈥檕p茅ration signal茅e. Les ventes ont 茅t茅 r茅alis茅es conform茅ment 脿 des instructions 茅crites visant 脿 remplir les conditions de la d茅fense affirmative de la r猫gle 10b5-1.
Vesting von Insider-Aktien und damit verbundene Verk盲ufe bei Natera, Inc. (NTRA). Die meldende Person erhielt 1.675 Restricted Stock Units (RSUs), nachdem best盲tigt wurde, dass bestimmte zeit- und leistungsabh盲ngige Meilensteine erreicht wurden; jede RSU wandelt sich in eine Stammaktie um. Nach dem Vesting hielt die meldepflichtige Person vor den Ver盲u脽erungen 153.425 Aktien wirtschaftlich. Zur Erf眉llung der steuerlichen Abzugsverpflichtungen im Zusammenhang mit dem Vesting verkaufte der Melder 678 Aktien in zwei Transaktionen zu Preisen von $155,46 und $155,30 und hielt nach der gemeldeten Transaktion 152.747 Aktien. Die Verk盲ufe erfolgten aufgrund einer schriftlichen Anweisung, die darauf abzielt, die Voraussetzungen der Affirmative Defense nach Regel 10b5-1 zu erf眉llen.
- Vesting certified: 1,675 RSUs vested upon achievement certification, demonstrating milestone fulfillment under the equity award terms.
- Use of written instruction/10b5-1: Sales to cover taxes were made pursuant to a written instruction intended to satisfy the Rule 10b5-1 affirmative defense, indicating pre-planned, compliant dispositions.
- Clear disclosure of holdings: Filing reports beneficial ownership before and after transactions (153,425 to 152,747 shares).
- Share disposals to cover taxes: 678 shares were sold, reducing the reporting person's direct holdings from 153,425 to 152,747 shares.
- No derivative positions disclosed: While not inherently negative, the absence of disclosed hedging or derivative positions means no additional context about the insider's overall economic exposure is provided in this filing.
Insights
TL;DR: Routine executive equity vesting certified and tax-related share sales executed under a 10b5-1 plan; no extraordinary governance issues disclosed.
The filing documents the certification of performance and/or time-based milestones that triggered the vesting of 1,675 RSUs, converting to an equivalent number of shares. The insider completed small, immediate share sales totaling 678 shares to satisfy tax withholding, executed pursuant to a written instruction intended to qualify for the Rule 10b5-1 affirmative defense. This sequence鈥攙esting followed by withholding-driven disposition鈥攊s common in executive equity programs and indicates compliance with a pre-established plan rather than opportunistic trading. No derivative transactions, accelerated exercises, or unusual transfers are reported.
TL;DR: Disclosure shows standard RSU vesting mechanics and a Rule 10b5-1-based sell-to-cover for tax obligations.
The report explains that the RSUs were originally granted under a stock unit agreement and vested when certification criteria were met. The sale of 672 and 6 shares respectively was explicitly to satisfy tax withholding and was made under a written instruction designed to meet Rule 10b5-1(c) conditions. The form lists direct beneficial ownership before and after the transactions (153,425 to 152,747 shares), and no other classes or derivative positions are disclosed. From a compliance perspective, the filing contains the key elements expected for transparent insider reporting.
Vesting di azioni insider e vendite correlate in Natera, Inc. (NTRA). Alla persona segnalante sono state attribuite 1.675 unit脿 azionarie vincolate (RSU) a seguito della certificazione del raggiungimento di specifici traguardi temporali e di performance; ogni RSU si converte in una azione ordinaria. Dopo il vesting, la persona beneficiaria deteneva 153.425 azioni prima delle disposizioni. Per adempiere agli obblighi fiscali connessi al vesting, il dichiarante ha venduto 678 azioni in due operazioni ai prezzi di $155,46 e $155,30, rimanendo con 152.747 azioni dopo l鈥檃ttivit脿 riportata. Le vendite sono state effettuate in base a istruzioni scritte finalizzate a soddisfare le condizioni della difesa affermativa prevista dalla Regola 10b5-1.
Vesting de acciones internas y ventas relacionadas en Natera, Inc. (NTRA). La persona informante tuvo 1.675 unidades restringidas de acciones (RSU) que se consolidaron tras certificarse que se cumplieron determinados hitos temporales y de rendimiento; cada RSU se convierte en una acci贸n ordinaria. Tras el vesting, la persona beneficiaria pose铆a 153.425 acciones antes de las disposiciones. Para cubrir las obligaciones fiscales derivadas del vesting, el declarante vendi贸 678 acciones en dos transacciones a precios de $155,46 y $155,30, quedando con 152.747 acciones despu茅s de la operaci贸n informada. Las ventas se realizaron conforme a instrucciones por escrito dise帽adas para cumplir las condiciones de la defensa afirmativa de la Regla 10b5-1.
Natera, Inc. (NTRA)鞚� 雮措秬鞛� 欤检嫕 氩犾姢韺� 氚� 甏�霠� 毵る弰. 氤搓碃鞚胳潃 韸轨爼 鞁滉皠 氚� 靹标臣 旮办鞚� 於╈”霅橃棃鞚岇潉 鞚胳氚涭晞 1,675臧滌潣 鞝滍暅攵� 欤检嫕 雼渼(RSU)臧� 氩犾姢韺呺悩鞐堨姷雼堧嫟; 臧� RSU電� 氤错喌欤� 1欤茧 鞝勴櫂霅╇媹雼�. 氩犾姢韺� 鞚错泟 氤搓碃鞚胳潃 觳橂秳 鞝� 153,425欤�毳� 鞁れ 靻岇湢頃橁碃 鞛堨棃鞀惦媹雼�. 氩犾姢韺呾棎 霐半ジ 靹戈笀 鞗愳矞歆曥垬 鞚橂毳� 於╈”頃橁赴 鞙勴暣 氤搓碃鞚胳潃 678欤�毳� 霊� 瓯挫潣 瓯半灅搿� 臧侁皝 $155.46 氚� $155.30鞐� 毵る弰頃橃棳 氤搓碃霅� 頇滊彊 鞚错泟 152,747欤�毳� 氤挫湢頃橁矊 霅橃棃鞀惦媹雼�. 鞚� 毵る弰霌れ潃 10b5-1 攴滌箼鞚� 鞝侁饭鞝� 氚╈柎 臁瓣贝鞚� 於╈”頃橁赴 鞙勴暅 靹滊┐ 歆�鞁滌棎 霐半澕 鞚措（鞏挫鞀惦媹雼�.
Vesting d鈥檃ctions d鈥檌niti茅s et ventes connexes chez Natera, Inc. (NTRA). La personne d茅clarante a vu 1 675 unit茅s d鈥檃ctions restreintes (RSU) devenir acquises apr猫s la certification de l鈥檃tteinte de certains jalons temporels et de performance聽; chaque RSU se convertit en une action ordinaire. Apr猫s le vesting, la personne b茅n茅ficiaire d茅tenait 153 425 actions avant les cessions. Pour satisfaire aux obligations fiscales li茅es au vesting, le d茅clarant a vendu 678 actions en deux transactions aux prix de $155,46 et $155,30, restant d茅tenteur de 152 747 actions apr猫s l鈥檕p茅ration signal茅e. Les ventes ont 茅t茅 r茅alis茅es conform茅ment 脿 des instructions 茅crites visant 脿 remplir les conditions de la d茅fense affirmative de la r猫gle 10b5-1.
Vesting von Insider-Aktien und damit verbundene Verk盲ufe bei Natera, Inc. (NTRA). Die meldende Person erhielt 1.675 Restricted Stock Units (RSUs), nachdem best盲tigt wurde, dass bestimmte zeit- und leistungsabh盲ngige Meilensteine erreicht wurden; jede RSU wandelt sich in eine Stammaktie um. Nach dem Vesting hielt die meldepflichtige Person vor den Ver盲u脽erungen 153.425 Aktien wirtschaftlich. Zur Erf眉llung der steuerlichen Abzugsverpflichtungen im Zusammenhang mit dem Vesting verkaufte der Melder 678 Aktien in zwei Transaktionen zu Preisen von $155,46 und $155,30 und hielt nach der gemeldeten Transaktion 152.747 Aktien. Die Verk盲ufe erfolgten aufgrund einer schriftlichen Anweisung, die darauf abzielt, die Voraussetzungen der Affirmative Defense nach Regel 10b5-1 zu erf眉llen.
FAQ
What triggered the RSU vesting reported by the NTRA insider?
How many shares were sold and at what prices in the Form 4?
Did the insider retain shares after the transactions and how many?
Were the sales connected to a 10b5-1 plan?
What was the original grant that gave rise to these RSUs?
