Natera (NASDAQ: NTRA) legal chief sells 8,400 shares in preset 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Natera, Inc. reported that its Secretary and Chief Legal Officer, Daniel Rabinowitz, conducted open-market sales of company common stock. On April 1, 2026, he sold a total of 8,400 shares at weighted average prices within disclosed ranges between $200.47 and $205.50 per share under a pre-arranged Rule 10b5-1 trading plan. Following these sales, he continued to hold 224,885 shares of Natera common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,400 shares ($1,707,814)
Net Sell
5 txns
Insider
RABINOWITZ DANIEL
Role
SEC. AND CHIEF LEGAL OFFICER
Sold
8,400 shs ($1.71M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 300 | $200.7868 | $60K |
| Sale | Common Stock | 1,778 | $202.0062 | $359K |
| Sale | Common Stock | 3,213 | $203.072 | $652K |
| Sale | Common Stock | 1,200 | $203.8258 | $245K |
| Sale | Common Stock | 1,909 | $205.0026 | $391K |
Holdings After Transaction:
Common Stock — 232,985 shares (Direct)
Footnotes (1)
- The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.47 to $200.99 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.4950 to $202.4700 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $202.51 to $203.46 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.52 to $204.25 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $204.54 to $205.50 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 8,400 shares
Price range: $200.47–$205.50 per share
Post-sale holdings: 224,885 shares
+3 more
6 metrics
Shares sold
8,400 shares
Total Natera common stock sold on April 1, 2026
Price range
$200.47–$205.50 per share
Ranges across reported open-market sales
Post-sale holdings
224,885 shares
Direct Natera common stock held after transactions
Transaction count
5 sales
Number of separate open-market sale entries
Sale block price
$200.7868 per share
Weighted average for 300-share sale block
Sale block price
$202.0062 per share
Weighted average for 1,778-share sale block
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Form 4, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did Natera (NTRA) disclose for Daniel Rabinowitz?
Natera disclosed that Daniel Rabinowitz, its Secretary and Chief Legal Officer, sold 8,400 shares of common stock on April 1, 2026. The transactions were open-market sales executed under a Rule 10b5-1 trading plan at weighted average prices slightly above $200 per share.
Were the Natera (NTRA) insider sales by Daniel Rabinowitz pre-planned?
Yes. The filing states the sales were made under a Rule 10b5-1 trading plan adopted on December 5, 2025. Such plans are established in advance, allowing insiders to sell shares according to preset instructions, which can reduce the significance of transaction timing.
How many separate sale transactions did the Natera (NTRA) Form 4 report?
The Form 4 reports five separate open-market sale transactions of Natera common stock on April 1, 2026. Each transaction covers a different share amount and weighted average price, together totaling 8,400 shares sold by Daniel Rabinowitz directly.
What role does the insider in this Natera (NTRA) Form 4 hold at the company?
The reporting person, Daniel Rabinowitz, serves as Natera’s Secretary and Chief Legal Officer. His position makes him a Section 16 reporting insider, so his transactions in Natera common stock must be publicly reported on Form 4 when they occur.