Natera officer Michael Brophy proposes $831K sale

The reported three-month sales list includes five transactions, with two specifically labeled under a 10b5-1 Sales Plan.

Rhea-AI Filing Summary

Natera, Inc. officer Michael Brophy reported a proposed sale of 1,906 common shares, with an aggregate market value of $831,016.00 and an approximate sale date of October 30, 2026, through Morgan Stanley Smith Barney LLC. The shares are listed as acquired from the issuer on October 27, 2026, through restricted stock units. Past sales listed from July 31, 2026, through October 28, 2026, include two identified as under a 10b5-1 Sales Plan.

Key Figures

Proposed shares for sale: 1,906 shares Aggregate market value: $831,016.00 Past sale: 1,198 shares; $510,755.80 +4 more

7 metrics

Proposed shares for sale 1,906 shares Common shares; approximate sale date October 30, 2026

Aggregate market value $831,016.00 Proposed sale; approximate sale date October 30, 2026

Past sale 1,198 shares; $510,755.80 October 28, 2026

Past sale under 10b5-1 Sales Plan 1,178 shares; $502,371.65 October 28, 2026

Past sale 781 shares; $317,086.00 October 27, 2026

Past sale under 10b5-1 Sales Plan 478 shares; $131,077.16 August 4, 2026

Past sale 317 shares; $84,952.61 July 31, 2026

Key Terms

Restricted Stock Units, 10b5-1 Sales Plan, Rule 144

3 terms

Restricted Stock Units financial

"Restricted Stock Units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

10b5-1 Sales Plan regulatory

"10b5-1 Sales Plan"

A 10b5-1 sales plan is a written, prearranged schedule that company insiders use to buy or sell their employer’s stock under a U.S. securities rule, so trades occur automatically at set times or prices regardless of later private information. It matters to investors because it reduces the risk of insider-trading accusations and signals that certain insider trades were planned ahead—like putting transactions on autopilot—while still affecting share supply and market confidence.

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NTRA shares does officer Michael Brophy plan to sell?

Michael Brophy reported a proposed sale of 1,906 common shares, with an aggregate market value of $831,016.00 and an approximate sale date of October 30, 2026. The listed broker is Morgan Stanley Smith Barney LLC.

Which of Michael Brophy’s past NTRA sales were identified under a 10b5-1 plan?

The past-sales list identifies 1,178 shares sold October 28, 2026, for $502,371.65, and 478 shares sold August 4, 2026, for $131,077.16, as under a 10b5-1 Sales Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/30/2026 - 04:21 PM EDT Accepted by SEC EDGAR 10/30/2026 - 04:21 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001697362
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	NATERA, INC.
SEC File Number	001-37478
Address of Issuer	13011 McCallen Pass, Bldg A Suite 100 Austin TEXAS 78753
Phone	6509809190
Name of Person for Whose Account the Securities are To Be Sold	MICHAEL BROPHY
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1906	831016.00	144144170	10/30/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/27/2026	Restricted Stock Units	Issuer			1906	10/27/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
MICHAEL BROPHY 13011 McCallen Pass, Bldg A Suite 100 Austin TX 78753	Common	10/28/2026	1198	510755.80
10b5-1 Sales Plan for MICHAEL BROPHY 13011 McCallen Pass, Bldg A Suite 100 Austin TX 78753	Common	10/28/2026	1178	502371.65
MICHAEL BROPHY 13011 McCallen Pass, Bldg A Suite 100 Austin TX 78753	Common	10/27/2026	781	317086.00
10b5-1 Sales Plan for MICHAEL BROPHY 13011 McCallen Pass, Bldg A Suite 100 Austin TX 78753	Common	08/04/2026	478	131077.16
MICHAEL BROPHY 13011 McCallen Pass, Bldg A Suite 100 Austin TX 78753	Common	07/31/2026	317	84952.61

144: Remarks and Signature

Remarks
Date of Notice	10/30/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	09/10/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Michael Brophy
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)