STOCK TITAN

Natera, Inc. (NTRA) co-founder Jonathan Sheena sells 9,150 shares

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Form Type
4

Rhea-AI Filing Summary

Natera, Inc. director and co-founder Jonathan Sheena reported open‑market sales of a total of 9,150 shares of common stock on August 7, 2026, at prices between $308.4000 and $320.9000 per share. These sales were effected under a Rule 10b5‑1 trading plan adopted on December 12, 2025. The filing also lists 18,032 shares held in each of Caraluna 1 Trust and Caraluna 2 Trust for the benefit of trust beneficiaries, and the reporting person disclaims beneficial ownership of those securities.

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Insider Sheena Jonathan
Role Director
Sold 9,150 shs ($2.89M)
Type Security Shares Price Value
Sale Common Stock F1 100 $308.40 $31K
Sale Common Stock F1, F2 400 $310.225 $124K
Sale Common Stock F1, F3 400 $311.8788 $125K
Sale Common Stock F1, F4 900 $313.0672 $282K
Sale Common Stock F1, F5 850 $314.2517 $267K
Sale Common Stock F1, F6 600 $315.3175 $189K
Sale Common Stock F1, F7 5,111 $316.6118 $1.62M
Sale Common Stock F1, F8 200 $317.965 $64K
Sale Common Stock F1 100 $318.63 $32K
Sale Common Stock F1 489 $320.90 $157K
holding Common Stock F9 -- -- --
holding Common Stock F9 -- -- --
Holdings After Transaction: Common Stock — 236,464 shares (Direct); Common Stock — 18,032 shares (Indirect, By Caraluna 1 Trust); Common Stock — 18,032 shares (Indirect, By Caraluna 2 Trust)
Footnotes (9)
  1. F1. The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025.
  2. F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $309.9250 to $310.5250 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 $311.5050 to $312.5000 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 $312.5950 to $313.3150 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 $313.9500 to $314.7150 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 $315.04 to $315.67 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 $316.10 to $316.78 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.
  8. F8. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $317.62 to $318.31 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.
  9. F9. Held for the benefit of the beneficiaries of the trust. The Reporting Person disclaims beneficial ownership over such securities.
Total shares sold 9,150 shares Aggregate common stock sales by Jonathan Sheena on August 7, 2026
Lowest reported sale price $308.4000 per share Per-share price for a 100-share sale of common stock on August 7, 2026
Highest reported sale price $320.9000 per share Per-share price for a 489-share sale of common stock on August 7, 2026
Caraluna 1 Trust holdings 18,032 shares Indirect common stock holdings following the reported transactions, held for trust beneficiaries
Caraluna 2 Trust holdings 18,032 shares Indirect common stock holdings following the reported transactions, held for trust beneficiaries
Rule 10b5-1 trading plan regulatory
"The sale of shares was effected pursuant to a Rule 10b5-1 trading plan"
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership over such securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
open market or private transaction financial
"Sale in open market or private transaction"

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FAQ

What insider transaction did Natera (NTRA) disclose for August 7, 2026?

Natera reported that director and co-founder Jonathan Sheena sold 9,150 shares of Natera common stock on August 7, 2026 in a series of open-market transactions executed under a Rule 10b5-1 trading plan adopted on December 12, 2025.

How many Natera (NTRA) shares did Jonathan Sheena sell and at what prices?

Jonathan Sheena sold a total of 9,150 shares of Natera common stock. Individual transactions reported per-share prices ranging from $308.4000 to $320.9000, with several trades reported using weighted average prices across narrower intraday price ranges.

Were Jonathan Sheena’s Natera (NTRA) share sales made under a Rule 10b5-1 plan?

Yes. Footnote F1 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Jonathan Sheena on December 12, 2025. The filing’s 10b5‑1 checkbox is also marked, confirming the trades were executed under that pre-arranged plan.

What indirect Natera (NTRA) holdings are associated with the Caraluna trusts?

The filing reports 18,032 shares of Natera common stock held indirectly by Caraluna 1 Trust and another 18,032 shares held by Caraluna 2 Trust. These shares are held for the benefit of trust beneficiaries, and the reporting person disclaims beneficial ownership.

What is Jonathan Sheena’s role at Natera (NTRA) according to the filing?

The reporting person, Jonathan Sheena, is identified as a director of Natera and is also described as a co-founder. This role information appears alongside his name in the reporting person section of the insider transaction disclosure.
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*
Sheena Jonathan

(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
Officer (give title below)XOther (specify below)
CO-FOUNDER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026
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 Stock08/07/2026S100(1)D$308.4245,514D
Common Stock08/07/2026S400(1)D$310.225(2)245,114D
Common Stock08/07/2026S400(1)D$311.8788(3)244,714D
Common Stock08/07/2026S900(1)D$313.0672(4)243,814D
Common Stock08/07/2026S850(1)D$314.2517(5)242,964D
Common Stock08/07/2026S600(1)D$315.3175(6)242,364D
Common Stock08/07/2026S5,111(1)D$316.6118(7)237,253D
Common Stock08/07/2026S200(1)D$317.965(8)237,053D
Common Stock08/07/2026S100(1)D$318.63236,953D
Common Stock08/07/2026S489(1)D$320.9236,464D
Common Stock18,032IBy Caraluna 1 Trust(9)
Common Stock18,032IBy Caraluna 2 Trust(9)
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 December 12, 2025.
2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $309.9250 to $310.5250 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 $311.5050 to $312.5000 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 $312.5950 to $313.3150 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 $313.9500 to $314.7150 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 $315.04 to $315.67 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 $316.10 to $316.78 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.
8. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $317.62 to $318.31 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.
9. Held for the benefit of the beneficiaries of the trust. The Reporting Person disclaims beneficial ownership over such securities.
/s/ Tami Chen, Attorney-in-Fact08/07/2026
** 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)