STOCK TITAN

Natera (NTRA) co-founder Sheena Jonathan sells 3,150 shares in 10b5-1 plan trades

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Natera, Inc. director and co-founder Sheena Jonathan reported open-market sales of the company’s common stock. On June 15, 2026, she sold a total of 3,150 shares in several transactions at prices around $210–$214 per share, as reflected by weighted average prices in the filing.

The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025, indicating they were scheduled in advance. Following these transactions, Jonathan holds 250,752 shares of Natera common stock directly. Additional shares are held indirectly through the Caraluna 1 and Caraluna 2 Trusts for the benefit of trust beneficiaries, and she disclaims beneficial ownership of those securities.

Positive

  • None.

Negative

  • None.
Insider Sheena Jonathan
Role null
Sold 3,150 shs ($665K)
Type Security Shares Price Value
Sale Common Stock 1,750 $210.2921 $368K
Sale Common Stock 600 $211.3375 $127K
Sale Common Stock 500 $212.424 $106K
Sale Common Stock 300 $213.5383 $64K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 250,752 shares (Direct, null); Common Stock — 19,532 shares (Indirect, By Caraluna 1 Trust)
Footnotes (1)
  1. The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.0450 to $210.8500 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 $211.1350 to $211.5700 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 $212.23 to $213.14 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 $213.3800 to $213.8350 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. Held for the benefit of the beneficiaries of the trust. The Reporting Person disclaims beneficial ownership over such securities.
Shares sold 3,150 shares Total Natera common shares sold on June 15, 2026
Weighted average price 1 $213.5383 per share One of the reported weighted average sale prices
Weighted average price 2 $212.4240 per share One of the reported weighted average sale prices
Weighted average price 3 $211.3375 per share One of the reported weighted average sale prices
Weighted average price 4 $210.2921 per share One of the reported weighted average sale prices
Direct holdings after transaction 250,752 shares Direct Natera common stock owned after June 15, 2026 trades
Caraluna 1 Trust holdings 19,532 shares Natera shares held by Caraluna 1 Trust; beneficial ownership disclaimed
Caraluna 2 Trust holdings 19,532 shares Natera shares held by Caraluna 2 Trust; beneficial ownership disclaimed
Rule 10b5-1 trading plan financial
"The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted..."
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 sale financial
"transaction_action: "open-market sale" for Common Stock on June 15, 2026"
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.
trust financial
"Held for the benefit of the beneficiaries of the trust."
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
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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)
06/15/2026
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 Stock06/15/2026S1,750(1)D$210.2921(2)250,752D
Common Stock06/15/2026S600(1)D$211.3375(3)250,152D
Common Stock06/15/2026S500(1)D$212.424(4)249,652D
Common Stock06/15/2026S300(1)D$213.5383(5)249,352D
Common Stock19,532IBy Caraluna 1 Trust(6)
Common Stock19,532IBy Caraluna 2 Trust(6)
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 $210.0450 to $210.8500 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 $211.1350 to $211.5700 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 $212.23 to $213.14 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 $213.3800 to $213.8350 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. Held for the benefit of the beneficiaries of the trust. The Reporting Person disclaims beneficial ownership over such securities.
/s/ Tami Chen, Attorney-in-Fact06/17/2026
** 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)

FAQ

What insider transaction did Natera (NTRA) director Sheena Jonathan report?

Sheena Jonathan reported selling Natera common stock in open-market transactions. On June 15, 2026, she sold a combined 3,150 shares across several trades at prices a little above $210 per share, according to the Form 4 filing’s detailed transaction entries.

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

She sold 3,150 Natera common shares in total. Individual trade prices used in the filing include weighted averages of $213.5383, $212.4240, $211.3375, and $210.2921 per share, with underlying trade ranges spanning approximately $210.0450 to $213.8350 per share.

How many Natera (NTRA) shares does Sheena Jonathan hold after the reported sales?

After these sales, Sheena Jonathan directly holds 250,752 shares of Natera common stock. Separate blocks of 19,532 shares are also reported as held by each of the Caraluna 1 Trust and Caraluna 2 Trust, for which she disclaims beneficial ownership under the filing’s footnote.

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

Yes. The Form 4 states the share sales were effected under a Rule 10b5-1 trading plan. That plan was adopted on December 12, 2025, meaning the transactions were pre-scheduled according to preset instructions rather than being discretionary market-timing decisions.

What does the Form 4 say about Natera (NTRA) shares held in the Caraluna trusts?

The filing reports 19,532 Natera shares held by the Caraluna 1 Trust and 19,532 by the Caraluna 2 Trust. A footnote explains these shares are held for the benefit of the trusts’ beneficiaries and that the reporting person disclaims beneficial ownership of those securities.