BOTHA ROELOF 4
4 · Natera, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Natera (NTRA) Director Roelof Botha Sells 78,000 Shares
What Happened
- Roelof Botha, a director of Natera, sold a total of 78,000 shares in open-market transactions on June 1, 2026. The reported transactions consist of six lots: 26,411 @ $218.69 ($5,775,771), 10,100 @ $219.78 ($2,219,746), 21,304 @ $220.94 ($4,706,946), 14,885 @ $221.58 ($3,298,290), 2,850 @ $222.79 ($634,964), and 2,450 @ $223.83 ($548,375). Aggregate proceeds reported are approximately $17.18 million. Overall implied average price across all lots ≈ $220.05 per share.
- This is a sale (not a purchase or exercise). Sales by directors are common and do not by themselves prove a change in sentiment.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (filed within the typical 2-business-day window).
- Reported lots, prices and proceeds: see amounts above; total = 78,000 shares for ~$17.18M.
- Price notes: each reported price is a weighted average for multiple executions. Reported price ranges across lots: $218.27–$219.26, $219.30–$220.15, $220.32–$221.31, $221.32–$222.17, $222.34–$223.33, and $223.34–$224.11 (see filing footnotes F1–F6).
- Shares owned after the transaction: not specified in the provided summary of the filing.
- No 10b5-1 plan, tax-withholding sale, or other special arrangements are disclosed in the material you provided.
Context
- For retail investors: purchases by insiders are often considered stronger signals than routine open-market sales. Director sales can be for personal liquidity or portfolio management and are not uncommon.
- The filing is informational; it discloses the trades and price ranges but does not state the seller's motives.
Insider Transaction Report
Form 4
Natera, Inc.NTRA
BOTHA ROELOF
Director
Transactions
- Sale
Common Stock
[F1]2026-06-01$218.69/sh−26,411$5,775,771→ 1,127,787 total(indirect: Estate planning vehicles) - Sale
Common Stock
[F2]2026-06-01$219.78/sh−10,100$2,219,746→ 1,117,687 total(indirect: Estate planning vehicles) - Sale
Common Stock
[F3]2026-06-01$220.94/sh−21,304$4,706,946→ 1,096,383 total(indirect: Estate planning vehicles) - Sale
Common Stock
[F4]2026-06-01$221.58/sh−14,885$3,298,290→ 1,081,498 total(indirect: Estate planning vehicles) - Sale
Common Stock
[F5]2026-06-01$222.79/sh−2,850$634,964→ 1,078,648 total(indirect: Estate planning vehicles) - Sale
Common Stock
[F6]2026-06-01$223.83/sh−2,450$548,375→ 1,076,198 total(indirect: Estate planning vehicles)
Holdings
- 2,894
Common Stock
Footnotes (6)
- [F1]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $218.27 to $219.26. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $219.30 to $220.15. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $220.32 to $221.31. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- [F4]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $221.32 to $222.17. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- [F5]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $222.34 to $223.33. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- [F6]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.34 to $224.11. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
Signature
/s/ Jung Yeon Son, by power of attorney for Roelof F. Botha|2026-06-03