STOCK TITAN

Insider at Natera, Inc. (NTRA) sells shares to cover RSU tax obligations

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Natera, Inc. reported that its Secretary and Chief Legal Officer, Daniel Rabinowitz, sold a total of 1,887 shares of common stock in two transactions on July 27–28, 2026. The sales, at prices around $260.4908 and a weighted-average $254.0704 per share, were effected to satisfy tax withholding and remittance obligations upon RSU vesting under written instructions intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.

Positive

  • None.

Negative

  • None.
Insider RABINOWITZ DANIEL
Role SEC. AND CHIEF LEGAL OFFICER
Sold 1,887 shs ($485K)
Type Security Shares Price Value
Sale Common Stock F2, F3 1,003 $254.0704 $255K
Sale Common Stock F1 884 $260.4908 $230K
Holdings After Transaction: Common Stock — 170,407 shares (Direct)
Footnotes (3)
  1. F1. The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of Restricted Stock Units ("RSUs") and was made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on January 26, 2024.
  2. F2. The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs and was made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on January 27, 2023.
  3. F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $254.0696 to $254.3500 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 2026-07-27 884 shares Common stock sale by Daniel Rabinowitz on July 27, 2026
Shares sold 2026-07-28 1,003 shares Common stock sale by Daniel Rabinowitz on July 28, 2026
Total shares sold 1,887 shares Aggregate of both reported transactions in this Form 4
Price on 2026-07-27 $260.4908 per share Per-share sale price for 884 shares of common stock
Weighted-average price 2026-07-28 $254.0704 per share Weighted-average sale price for 1,003 shares of common stock
Price range 2026-07-28 $254.0696–$254.3500 per share Range of prices for multiple transactions included in the weighted average
Restricted Stock Units (RSUs) financial
"in connection with the vesting of Restricted Stock Units (RSUs)"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Rule 10b5-1(c) regulatory
"intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)"
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
tax withholding and remittance obligations financial
"effected in order to satisfy tax withholding and remittance obligations"
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.

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

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FAQ

What insider transaction did Natera (NTRA) disclose in this Form 4?

Natera (NTRA) disclosed that its Secretary and Chief Legal Officer, Daniel Rabinowitz, sold a total of 1,887 shares of common stock in two transactions on July 27 and 28, 2026, as reported in this Form 4 filing.

Who is the reporting insider in Natera (NTRA)'s latest Form 4?

The reporting insider is Daniel Rabinowitz, who serves as Secretary and Chief Legal Officer of Natera (NTRA). He reported two sales of Natera common stock that were linked to the vesting of restricted stock units and related tax obligations.

At what prices were the Natera (NTRA) shares sold in this Form 4?

Rabinowitz sold 884 shares at $260.4908 per share on July 27, 2026, and 1,003 shares at a weighted-average $254.0704 per share on July 28, 2026. The July 28 sales occurred across a price range from $254.0696 to $254.3500 per share.

Why were the Natera (NTRA) shares sold by Daniel Rabinowitz?

According to the footnotes, the shares were sold to satisfy tax withholding and remittance obligations arising from the vesting of restricted stock units (RSUs). The sales were not described as discretionary portfolio moves but as transactions tied to these tax obligations.

Were the Natera (NTRA) insider sales made under a Rule 10b5-1 arrangement?

Yes. The footnotes state that each sale was made pursuant to a written instruction contained in Rabinowitz’s stock unit agreements that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act for pre-established trading instructions.

How many Natera (NTRA) shares in total were sold in this Form 4?

The Form 4 reports total sales of 1,887 shares of Natera common stock, consisting of 884 shares sold on July 27, 2026, and 1,003 shares sold on July 28, 2026. No post-transaction share balance is provided in this filing.
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 DANIEL

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SEC. AND CHIEF LEGAL OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026
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 Stock07/27/2026S884(1)D$260.4908171,410D
Common Stock07/28/2026S1,003(2)D$254.0704(3)170,407D
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 in order to satisfy tax withholding and remittance obligations in connection with the vesting of Restricted Stock Units ("RSUs") and was made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on January 26, 2024.
2. The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs and was made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on January 27, 2023.
3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $254.0696 to $254.3500 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-Fact07/29/2026
** 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)