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Natera chair sells 50,000 shares in pre-set plan

Natera, Inc. (NTRA) reported that executive chairman and director Matthew Rabinowitz sold a total of 50,000 shares of Natera common stock on September 11, 2026 under a pre-arranged Rule 10b5-1 trading plan.

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Form Type
4

Rhea-AI Filing Summary

Natera, Inc. (NTRA) reported that executive chairman and director Matthew Rabinowitz sold a total of 50,000 shares of Natera common stock on September 11, 2026 under a pre-arranged Rule 10b5-1 trading plan. The sales occurred in multiple open-market transactions at weighted average prices within several stated price ranges.

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Insider Rabinowitz Matthew
Role EXECUTIVE CHAIRMAN
Sold 50,000 shs ($16.40M)
Type Security Shares Price Value
Sale Common Stock F1, F2 800 $325.0075 $260K
Sale Common Stock F1, F3 3,647 $326.1077 $1.19M
Sale Common Stock F1, F4 10,556 $327.1442 $3.45M
Sale Common Stock F1, F5 17,933 $327.9724 $5.88M
Sale Common Stock F1, F6 15,764 $328.9502 $5.19M
Sale Common Stock F1, F7 1,300 $329.6247 $429K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 2,225,394 shares (Direct); Common Stock — 2,000 shares (Indirect, By spouse)
Footnotes (7)
  1. F1. The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2026.
  2. F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $324.49 to $325.34 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.
  3. F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $325.50 to $326.4950 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.
  4. F4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $326.50 to $327.49 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.
  5. F5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $327.50 to $328.49 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.
  6. F6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $328.50 to $329.45 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.
  7. F7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.50 to $329.74 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.
Shares sold 50,000 shares Total Natera common shares sold by Matthew Rabinowitz on September 11, 2026
First sale block 800 shares at $325.0075 (weighted average) One of the reported sale blocks on September 11, 2026
Largest sale block 17,933 shares at $327.9724 (weighted average) Largest single reported sale block on September 11, 2026
Overall price range $324.49–$329.74 per share Full range of individual trade prices across all sale blocks
Rule 10b5-1 plan adoption date June 12, 2026 Date Matthew Rabinowitz adopted the trading plan used for these sales
Indirect holdings by spouse 2,000 shares Natera common shares reported as indirectly owned through spouse
Rule 10b5-1 trading plan regulatory
"The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2026."
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.
indirect ownership financial
"By spouse"

FAQ

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

What insider transaction did Natera (NTRA) disclose for Matthew Rabinowitz?

Natera disclosed that executive chairman Matthew Rabinowitz sold 50,000 shares of Natera common stock on September 11, 2026 in a series of open-market transactions reported on a Form 4 filing.

At what prices were the 50,000 NTRA shares sold by Matthew Rabinowitz?

The reported prices are weighted averages for groups of trades. The shares were sold in multiple transactions at prices ranging from $324.49 to $329.74 per share, with each transaction line reflecting a separate weighted average within narrower ranges.

Was Matthew Rabinowitz’s NTRA stock sale made under a Rule 10b5-1 plan?

Yes. The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Matthew Rabinowitz on June 12, 2026, indicating the trades were pre-arranged under that plan.

How many Natera (NTRA) shares did Matthew Rabinowitz sell in each reported block?

The Form 4 reports six sale blocks: 800, 3,647, 10,556, 17,933, 15,764, and 1,300 shares of common stock, all on September 11, 2026, which together total 50,000 shares sold.

Does Matthew Rabinowitz have any indirect holdings of NTRA shares reported in this filing?

Yes. The filing shows an indirect holding of 2,000 shares of Natera common stock held by his spouse, reported separately from his directly held shares.

Are the exact per-share execution prices for each NTRA trade available from this Form 4?

The Form 4 reports weighted average prices for each block, not every individual execution price. It states that the shares were sold in multiple transactions within specified price ranges, and offers to provide full price-by-trade details upon written request.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rabinowitz Matthew

(Last)(First)(Middle)
C/O NATERA, INC.
13011 MCCALLEN PASS BUILDING A SUITE 100

(Street)
AUSTIN TEXAS 78753

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Natera, Inc. [ NTRA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
EXECUTIVE CHAIRMAN
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/11/2026S800(1)D$325.0075(2)2,274,594D
Common Stock09/11/2026S3,647(1)D$326.1077(3)2,270,947D
Common Stock09/11/2026S10,556(1)D$327.1442(4)2,260,391D
Common Stock09/11/2026S17,933(1)D$327.9724(5)2,242,458D
Common Stock09/11/2026S15,764(1)D$328.9502(6)2,226,694D
Common Stock09/11/2026S1,300(1)D$329.6247(7)2,225,394D
Common Stock2,000IBy spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2026.
2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $324.49 to $325.34 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.
3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $325.50 to $326.4950 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.
4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $326.50 to $327.49 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.
5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $327.50 to $328.49 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.
6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $328.50 to $329.45 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.
7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.50 to $329.74 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.
/s/ Tami Chen, Attorney-in-Fact09/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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