The proposed sale is small and consistent with Brophy's prior pattern of selling RSU-vested shares for tax or diversification purposes. No material insider signal; monitor for any acceleration in selling volume or change in pattern.
Price Chart
Executive Summary
Michael Brophy, an officer of Natera, Inc., filed a Form 144 notice of intent to sell 771 shares of common stock with an approximate market value of $312,178. The shares were acquired through vesting of restricted stock units on October 26, 2026. This is a small, routine sale relative to the company's $58.2B market cap and Brophy's recent selling pattern.
Key Facts
- Reporting owner: Michael Brophy (Officer)
- Proposed sale: 771 shares of common stock
- Approximate value: $312,177.90
- Shares acquired via RSU vesting on October 26, 2026
- Broker: ETrade Corporation
- Proposed sale date: October 27, 2026
- Recent sales by Brophy in July-August 2026: 5,859 shares totaling ~$1.5M
Financial Impact
Proposed sale of 771 shares valued at ~$312K, representing less than 0.001% of Natera's $58.2B market cap
Risk Factors
- Form 144 is only an intent to sell; the transaction may not occur
- Insider selling for tax purposes is routine and not indicative of negative outlook
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001604821-26-000025 |
| Document: 0001604821-26-000025-index.html | 0001604821-26-000025 |
| Document: 0001604821-26-000025.txt | 0001604821-26-000025 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 2d ago | Insider Cluster | $422.53 | awaiting T+1 | awaiting T+1 | $414.30 (−1.95%) |
Oct 30, 2026 2d ago | 144 | $422.53 | awaiting T+1 | awaiting T+1 | $414.30 (−1.95%) |
Oct 29, 2026 3d ago | Insider Cluster | $422.53 | awaiting T+1 | awaiting T+1 | $414.30 (−1.95%) |
Oct 28, 2026 4d ago | 144 | $436.00 $414.30 | ▼ −4.98% | ▼ −3.20% | $414.30 (−4.98%) |
Oct 28, 2026 4d ago | 144 | $436.00 $414.30 | ▼ −4.98% | ▼ −3.20% | $414.30 (−4.98%) |
Oct 28, 2026 4d ago | 144 | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $414.30 (−2.38%) |
Oct 28, 2026 5d ago | Court Ruling | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $414.30 (−2.38%) |
Oct 27, 2026 5d ago | Institutional Cluster | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $414.30 (−2.38%) |
Oct 27, 2026 5d ago | 144 | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $414.30 (−2.38%) |
Oct 27, 2026 5d ago | 144 | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $414.30 (−2.38%) |
US Market Status
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