[144] Natera, Inc. SEC Filing

Rhea-AI Filing Summary

Natera, Inc. (NTRA) notice reports a proposed sale of 10,000 common shares through Morgan Stanley Smith Barney with an aggregate market value of $1,800,000. The filing lists 137,248,106 shares outstanding, so the block represents about 0.0073% of outstanding stock, indicating a very small ownership fraction being sold. The shares were acquired as a gift on 03/02/2020 from the issuer, and the filing discloses two recent sales in the past three months: 5,000 shares sold on 09/12/2025 for $852,707 and 1,718 shares sold on 07/28/2025 for $240,190.65. The filer certifies they are not aware of any undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Proposed sale is immaterial to market capitalization but shows continued insider/affiliate dispositions.

The notice documents a planned disposition of 10,000 common shares valued at $1.8 million via a major broker, representing approximately 0.0073% of issued shares. Recent dispositions of 5,000 and 1,718 shares in the prior three months indicate the filer or related parties have been selling modest tranches rather than liquidating a large position. For investors, these transactions are routine Rule 144 disclosures required when affiliates/insiders sell restricted or control securities; they do not by themselves indicate company performance changes.

Compliance/Risk Analyst

TL;DR: Filing appears procedurally complete with broker and acquisition details; includes required representations.

The form includes broker identification, the nature of acquisition (gift from issuer), number of shares outstanding, and recent sales history, plus the filer’s representation of no undisclosed material adverse information. These elements satisfy typical Rule 144 disclosure requirements. Compliance risk appears low based on the disclosed information, though monitoring continued periodic sales is prudent for tracking insider liquidity patterns.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

Relationship to Issuer

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	10000	1800000.00	137248106	09/18/2025	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	03/02/2020	Gift from Affiliate	Issuer		11/26/2003	10000		NA

* 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
TINKERBELLE II TR U/A DTD 10/22/2021 13011 McCallen Pass Building A Suite 100 Austin TX 78753	Common	09/12/2025	5000	852707.00
MATTHEW RABINOWITZ 13011 McCallen Pass Building A Suite 100 Austin TX 78753	Common	07/28/2025	1718	240190.65

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filing for NTRA report?

The filing reports a proposed sale of 10,000 common shares through Morgan Stanley Smith Barney with an aggregate market value of $1,800,000.

How many NTRA shares are outstanding according to the filing?

The filing lists 137,248,106 shares outstanding.

When and how were the shares being sold acquired?

The 10,000 shares were acquired as a gift from the issuer on 03/02/2020.

Have there been recent sales by the same account?

Yes. The filing discloses sales of 5,000 shares on 09/12/2025 for $852,707.00 and 1,718 shares on 07/28/2025 for $240,190.65.

Does the filing indicate any undisclosed material information?

The filer represents by signature that they do not know of any material adverse information regarding the issuer that has not been publicly disclosed.