Natera, Inc. (NTRA) co-founder Sheena sells 6,000 shares in Rule 10b5-1 trade
Rhea-AI Filing Summary
Natera, Inc. director and co-founder Jonathan Sheena reported selling 6,000 shares of Common Stock on August 10, 2026 in an open-market or private transaction at a weighted average price of $325.3237 per share. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Sheena on December 12, 2025.
Following this sale, Sheena directly held 230,464 shares of Natera common stock. Additional indirect holdings of 18,032 shares are reported for each of Caraluna 1 Trust and Caraluna 2 Trust, which are held for the benefit of the trusts’ beneficiaries; Sheena disclaims beneficial ownership of those trust-held securities.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 6,000 shares
Net Sell
3 txns
Insider
Sheena Jonathan
Role
Director
Sold
6,000 shs ($1.95M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 6,000 | $325.3237 | $1.95M |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 230,464 shares (Direct);
Common Stock — 18,032 shares (Indirect, By Caraluna 1 Trust);
Common Stock — 18,032 shares (Indirect, By Caraluna 2 Trust)
Footnotes (3)
- F1. The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $325.23 to $325.46 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.
- F3. Held for the benefit of the beneficiaries of the trust. The Reporting Person disclaims beneficial ownership over such securities.
Key Figures
Shares sold: 6,000 shares
Weighted average sale price: $325.3237 per share
Direct holdings after transaction: 230,464 shares
+3 more
6 metrics
Shares sold
6,000 shares
Common Stock sale on August 10, 2026 by Jonathan Sheena
Weighted average sale price
$325.3237 per share
Weighted average price for 6,000-share sale; trades ranged $325.23–$325.46
Direct holdings after transaction
230,464 shares
Common Stock directly held by Jonathan Sheena following the reported sale
Indirect holdings per Caraluna trust
18,032 shares
Common Stock reported for each of Caraluna 1 Trust and Caraluna 2 Trust; beneficial ownership disclaimed
Rule 10b5-1 plan adoption date
December 12, 2025
Date Sheena adopted the trading plan used for the August 10, 2026 sale
Net shares sold
6,000 shares
Net buy/sell direction across all reported non-derivative transactions in this filing
Key Terms
Rule 10b5-1 trading plan, weighted average price, beneficial ownership, indirect ownership, +1 more
5 terms
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 regulatory
"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.
indirect ownership financial
"Indirect ownership reported as By Caraluna 1 Trust and By Caraluna 2 Trust"
open market or private transaction market
"transaction code description Sale in open market or private transaction"
FAQ
What did Natera (NTRA) co-founder Jonathan Sheena report in this Form 4?
Jonathan Sheena reported a sale of 6,000 shares of Natera Common Stock on August 10, 2026 under a Rule 10b5-1 plan, and updated his direct and indirect share holdings after the transaction.
What are the Caraluna trusts mentioned in the Natera (NTRA) Form 4?
The filing reports indirect ownership of Natera shares by Caraluna 1 Trust and Caraluna 2 Trust, each holding 18,032 shares. These securities are held for the trusts’ beneficiaries, and Sheena disclaims beneficial ownership of them.
Does the Natera (NTRA) Form 4 say Jonathan Sheena will provide detailed trade prices?
Yes. For the 6,000-share sale, the filing notes the reported price is a weighted average and states the holder will provide, upon written request, full information about the number of shares sold at each separate price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
