These filings are consistent with routine insider sales to cover tax obligations from RSU vesting. Monitor actual Form 4 filings to confirm whether sales were executed; the pattern does not signal a change in insider sentiment.
Price Chart
Executive Summary
Five Natera officers and directors filed Form 144 notices on October 28, 2026, signaling intent to sell shares acquired upon vesting of restricted stock units on October 27, 2026. The proposed sales total approximately 6,780 shares worth roughly $2.8 million, with CEO Steven Chapman accounting for the largest portion at 3,499 shares (~$1.44M). These appear to be routine, tax-motivated sales tied to RSU vesting, consistent with the insiders' prior selling patterns over the past three months.
Key Facts
- Five insiders filed Form 144 on October 28, 2026: CEO Steven Chapman (3,499 shares, ~$1.44M), John Fesko (917 shares, ~$376,722), Solomon Moshkevich (1,185 shares, ~$486,822), Daniel Rabinowitz (988 shares, ~$405,890), and director Jonathan Sheena (191 shares, ~$78,467).
- All proposed sales are of shares acquired upon vesting of restricted stock units on October 27, 2026.
- The total proposed sale is approximately 6,780 shares worth roughly $2.8 million, representing about 0.005% of Natera's $58.4B market cap.
- Each insider has a history of selling shares in similar amounts following RSU vestings over the past three months (July-October 2026).
- The filings are advance notices of intent to sell; actual sales may not occur.
Financial Impact
Proposed sales total ~$2.8 million, negligible relative to $58.4B market cap (0.005%).
Risk Factors
- Form 144 is only an intent to sell; sales may not be executed.
- Concentration of filings on the same day could be misinterpreted as a negative signal by the market.
- Insiders have been consistently selling post-vesting for several months, which may indicate a standing plan rather than opportunistic selling.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 15 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (NTRA), Batch item 1 | 0001711968-26-000026 |
| Document: 0001711968-26-000026-index.html | 0002010135-26-000024 |
| Document: 0001711968-26-000026.txt | 0002010019-26-000034 |
| 144 Filing (NTRA), Batch item 4 | 0002010135-26-000024 |
| Document: 0002010135-26-000024-index.html | 0001646649-26-000039 |
| Document: 0002010135-26-000024.txt | 0001711968-26-000026 |
| 144 Filing (NTRA), Batch item 7 | 0002010019-26-000034 |
| Document: 0002010019-26-000034-index.html | 0001711968-26-000026 |
| Document: 0002010019-26-000034.txt | 0001711968-26-000026 |
| 144 Filing (NTRA), Batch item 10 | 0001857843-26-000029 |
| Document: 0001857843-26-000029-index.html | 0001711968-26-000026 |
| Document: 0001857843-26-000029.txt | 0001711968-26-000026 |
| 144 Filing (NTRA), Batch item 13 | 0001646649-26-000039 |
| Document: 0001646649-26-000039-index.html | 0001711968-26-000026 |
| Document: 0001646649-26-000039.txt | 0001711968-26-000026 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 today | 144 | $422.53 | awaiting T+1 | awaiting T+1 | $436.00 (+3.19%) |
Oct 29, 2026 today | Insider Cluster | $422.53 | awaiting T+1 | awaiting T+1 | $436.00 (+3.19%) |
Oct 28, 2026 2d ago | 144 | $436.00 $414.30 | ▼ −4.98% | ▼ −3.20% | $436.00 (0.00%) |
Oct 28, 2026 2d ago | 144 | $436.00 $414.30 | ▼ −4.98% | ▼ −3.20% | $436.00 (0.00%) |
Oct 28, 2026 2d ago | 144 | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $436.00 (+2.73%) |
Oct 28, 2026 3d ago | Court Ruling | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $436.00 (+2.73%) |
Oct 27, 2026 3d ago | Institutional Cluster | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $436.00 (+2.73%) |
Oct 27, 2026 3d ago | 144 | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $436.00 (+2.73%) |
Oct 27, 2026 3d ago | 144 | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $436.00 (+2.73%) |
Oct 27, 2026 3d ago | 144 | $424.42 $436.00 | ▲ +2.73% | ▲ +3.11% | $436.00 (+2.73%) |
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