Monitor for the actual sale on Form 4 to confirm execution. The small size and routine nature (RSU vesting) suggest no material signal about company outlook.
Price Chart
Executive Summary
Michael Brophy, an officer of Natera, filed a Form 144 notice of intent to sell 1,222 shares of common stock with an approximate market value of $502,022. The shares were acquired through vesting of restricted stock units on October 27, 2026. This is a routine insider sale following equity vesting and represents a small fraction of the company's $58.4B market cap.
Key Facts
- Reporting person: Michael Brophy, an officer of Natera, Inc.
- Proposed sale: 1,222 shares of common stock
- Approximate value: $502,022 (based on $410.82 per share)
- Shares acquired upon vesting of restricted stock units on October 27, 2026
- Company market cap: $58.4B; proposed sale represents ~0.0009% of market cap
- Filing date: October 28, 2026
Financial Impact
Proposed sale of $502,022 in stock, negligible relative to $58.4B market cap
Risk Factors
- Form 144 is an intent to sell; the sale may not be completed
- Insider selling after equity vesting is routine and not necessarily 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) | 0001697362-26-000019 |
| Document: 0001697362-26-000019-index.html | 0001697362-26-000019 |
| Document: 0001697362-26-000019.txt | 0001697362-26-000019 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 29, 2026 today | Insider Cluster | $422.53 | awaiting T+1 | awaiting T+1 | $436.00 (+3.19%) |
Oct 28, 2026 1d ago | 144 | $410.29 | awaiting T+1 | awaiting T+1 | $436.00 (+6.27%) |
Oct 28, 2026 1d ago | 144 | $415.94 | awaiting T+1 | awaiting T+1 | $436.00 (+4.82%) |
Oct 28, 2026 1d ago | 144 | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $436.00 (+2.73%) |
Oct 28, 2026 2d ago | Court Ruling | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $436.00 (+2.73%) |
Oct 27, 2026 2d ago | Institutional Cluster | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $436.00 (+2.73%) |
Oct 27, 2026 2d ago | 144 | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $436.00 (+2.73%) |
Oct 27, 2026 2d ago | 144 | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $436.00 (+2.73%) |
Oct 27, 2026 2d ago | 144 | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $436.00 (+2.73%) |
Oct 20, 2026 9d ago | Insider Cluster | $413.38 $401.37 | ▼ −2.91% | ▼ −1.72% | $436.00 (+5.47%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers