Natera (NTRA) director Boxer exercises options and sells 11,000 shares

Rhea-AI Filing Summary

Natera, Inc. director Marcus Gail Boxer reported an exercise-and-sell transaction in company stock. On June 5, 2026, he exercised stock options for 11,000 shares of Common Stock at an exercise price of $22.83 per share and sold 11,000 shares in multiple open-market trades.

The sales were executed in several tranches at weighted average prices around $216–$219 per share, with detailed price ranges disclosed in the notes. Following these transactions, Boxer directly owns 6,183 shares of Natera Common Stock, and the option position related to these 11,000 shares is fully exercised.

Insider Trade Summary

Net Seller: 11,000 shares ($2,389,328)

Net Sell 6 txns

Insider Marcus Gail Boxer

Role null

Sold 11,000 shs ($2.39M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy)	11,000	$0.00	--
Exercise	Common Stock	11,000	$22.83	$251K
Sale	Common Stock	3,016	$216.0631	$652K
Sale	Common Stock	4,694	$217.3036	$1.02M
Sale	Common Stock	3,174	$218.1084	$692K
Sale	Common Stock	116	$218.815	$25K

Holdings After Transaction: Stock Option (right to buy) — 11,000 shares (Direct, null); Common Stock — 17,183 shares (Direct, null)

Footnotes (1)

1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.6100 to $216.6050 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 $216.75 to $217.74 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $217.7950 to $218.7550 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 option shares are fully exercisable.

Key Figures

Shares sold: 11,000 shares Sale prices (weighted averages): $215.61–$218.76 per share Options exercised: 11,000 shares at $22.83/share +2 more

5 metrics

Shares sold 11,000 shares Total Common Stock sold in open-market trades on June 5, 2026

Sale prices (weighted averages) $215.61–$218.76 per share Price ranges for multiple sale tranches, as disclosed in footnotes

Options exercised 11,000 shares at $22.83/share Stock Option exercise into Common Stock on June 5, 2026

Shares owned after 6,183 shares Direct Common Stock ownership following reported transactions

Option expiration May 23, 2029 Expiration date of the exercised Stock Option (right to buy)

Key Terms

open-market sale, weighted average price, Stock Option (right to buy), derivative security

4 terms

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.

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.

Stock Option (right to buy) financial

"security_title": "Stock Option (right to buy)""

derivative security financial

"Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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).

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^*

Marcus Gail Boxer

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/05/2026		M		11,000	A	$22.83	17,183	D
Common Stock	06/05/2026		S		3,016	D	$216.0631(1)	14,167	D
Common Stock	06/05/2026		S		4,694	D	$217.3036(2)	9,473	D
Common Stock	06/05/2026		S		3,174	D	$218.1084(3)	6,299	D
Common Stock	06/05/2026		S		116	D	$218.815	6,183	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$22.83	06/05/2026		M			11,000	(4)	05/23/2029	Common Stock	11,000	$0	11,000	D

Explanation of Responses:

1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.6100 to $216.6050 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.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $216.75 to $217.74 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.

3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $217.7950 to $218.7550 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 option shares are fully exercisable.

	/s/ Tami Chen, Attorney-in-Fact	06/09/2026
	** Signature of Reporting Person	Date
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)

FAQ

What did Natera (NTRA) director Marcus Gail Boxer report in this Form 4?

Marcus Gail Boxer reported both an option exercise and related share sales. He exercised options for 11,000 Natera Common Stock shares, then sold 11,000 shares in open-market transactions on June 5, 2026, and updated his remaining direct ownership.

How many Natera (NTRA) shares did Marcus Gail Boxer sell and at what prices?

He sold 11,000 Natera Common Stock shares in several open-market trades. The weighted average sale prices ranged roughly from $215.61 to $218.76 per share, with specific price ranges for each tranche disclosed as weighted-average footnotes.

What stock options did Marcus Gail Boxer exercise in Natera (NTRA)?

Boxer exercised a Stock Option for 11,000 shares of Natera Common Stock. The option carried a conversion or exercise price of $22.83 per share and was fully exercisable, with an expiration date disclosed as May 23, 2029.

How many Natera (NTRA) shares does Marcus Gail Boxer own after these transactions?

After completing the June 5, 2026 transactions, Boxer directly owns 6,183 shares of Natera Common Stock. The Form 4 shows this total in the post-transaction ownership column for his non-derivative holdings.

Were the Natera (NTRA) share sales by Marcus Gail Boxer open-market transactions?

Yes. Each sale is coded “S” with the description “Sale in open market or private transaction.” The filing also notes that reported prices are weighted averages across multiple trades within specified intraday price ranges.

Does Marcus Gail Boxer retain any Natera (NTRA) stock options after this Form 4?

The filing shows a Stock Option for 11,000 shares exercised on June 5, 2026, and the derivative summary is empty. This indicates the specific 11,000-share option position referenced was fully exercised in this transaction.