The sale is small relative to market cap and pre-arranged under a 10b5-1 plan, so it carries minimal signal. Monitor for any acceleration of insider selling or changes to the 10b5-1 plan in future filings.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK BELOW ENTRY AT T+1- T+0 · Oct 28 $436.00entry
- T+1 · 7d ago −4.98%α −3.20% · $414.30
- T+5 · due 14h ago Pending
- T+5 · todayOpen
- T+20 · in 20d Pending
- T+60 · in 3mo Pending
Price Chart
How similar events traded
Executive Summary
Michael Brophy, an officer of Natera, filed a Form 144 notice of intent to sell 1,178 shares of common stock, valued at approximately $483,946 based on the filing date price. The shares were acquired via restricted stock units that vested on October 26, 2026. The sale is planned under a 10b5-1 trading plan, indicating a pre-arranged, non-discretionary schedule.
Key Facts
- Filer: Michael Brophy, an officer of Natera, Inc.
- Proposed sale of 1,178 shares of common stock.
- Estimated value: $483,945.96 based on a price of $144,144,170 per share (likely a data entry error; actual price per share not clearly stated).
- Shares acquired via restricted stock units vested on October 26, 2026.
- Sale is under a 10b5-1 trading plan established on September 10, 2025.
- Prior sales under the same 10b5-1 plan occurred on July 29, July 31, and August 4, 2026.
Financial Impact
Proposed sale of 1,178 shares valued at approximately $483,946, representing a negligible fraction of Natera's $58.4B market cap.
Risk Factors
- The filing price per share ($144,144,170) appears to be a data entry error; the actual value may differ.
- Form 144 is an intent to sell; the sale may not occur.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-010460 |
| Document: 0001950047-26-010460-index.html | 0001950047-26-010460 |
| Document: 0001950047-26-010460.txt | 0001950047-26-010460 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 3, 2026 1d ago | 144 | $385.77 | awaiting T+1 | awaiting T+1 | $388.63 (+0.74%) |
Nov 2, 2026 2d ago | 144 | $388.63 $391.03 | ▲ +0.62% | ▼ −1.03% | $388.63 (+0.00%) |
Nov 2, 2026 2d ago | 144 | $388.63 $391.03 | ▲ +0.62% | ▼ −1.03% | $388.63 (+0.00%) |
Nov 2, 2026 2d ago | 144 | $388.63 $391.03 | ▲ +0.62% | ▼ −1.03% | $388.63 (+0.00%) |
Nov 2, 2026 2d ago | 144 | $388.63 $391.03 | ▲ +0.62% | ▼ −1.03% | $388.63 (+0.00%) |
Oct 30, 2026 5d ago | Insider Cluster | $378.92 $388.63 | ▲ +2.56% | ▲ +2.26% | $388.63 (+2.56%) |
Oct 30, 2026 5d ago | 144 | $378.92 $388.63 | ▲ +2.56% | ▲ +2.26% | $388.63 (+2.56%) |
Oct 29, 2026 6d ago | Insider Cluster | $414.30 $378.92 | ▼ −8.54% | ▼ −8.06% | $388.63 (−6.20%) |
Oct 28, 2026 7d ago | 144 | $436.00 $414.30 | ▼ −4.98% | ▼ −3.20% | $388.63 (−10.86%) |
Oct 28, 2026 7d ago | 144 | $436.00 $414.30 | ▼ −4.98% | ▼ −3.20% | $388.63 (−10.86%) |
US Market Status
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