Rabinowitz Matthew 4
4 · Natera, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Natera (NTRA) Exec Chairman Matthew Rabinowitz Sells Shares
What Happened
- Matthew Rabinowitz, Executive Chairman and Director of Natera, sold a total of 100,000 NTRA shares in open-market transactions (code S) executed on June 12 and June 15, 2026. The combined proceeds were approximately $21.45 million (about $21,447,308). Individual trades report weighted-average prices; the overall sale prices ranged roughly from $208.88 to $219.98 per share.
- These were sales (liquidations), not purchases or option exercises. The reporting indicates the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Rabinowitz on March 13, 2026, which generally means the sales were pre-planned.
Key Details
- Transaction dates: June 12, 2026 (50,000 shares, ~$10.70M) and June 15, 2026 (50,000 shares, ~$10.75M).
- Reported total: 100,000 shares sold for about $21.45 million.
- Price range (per footnotes): approximately $208.88 to $219.98 per share; many line items report weighted-average prices across narrower ranges.
- Shares owned after the transactions: not disclosed in the provided filing excerpt.
- Notable footnotes: F1 — sales were made under a Rule 10b5-1 trading plan (adopted Mar 13, 2026). Multiple other footnotes clarify that several reported prices are weighted averages over a range of execution prices; the holder can provide per-trade breakdowns on request.
- Filing timeliness: Form 4 filed June 16, 2026, which covers transactions on June 12 and June 15 and was submitted within the standard Form 4 reporting window.
Context
- Rule 10b5-1 plans allow insiders to schedule trades in advance and are commonly used to avoid accusations of trading on nonpublic information; sales under such plans are generally viewed as pre-planned rather than immediate signals of the insider’s current view.
- For retail investors: purchases by insiders can be more informative about confidence in future prospects than routine sales; here the filing documents a sizable, planned sale by the company’s Executive Chairman.
Insider Transaction Report
Form 4
Natera, Inc.NTRA
Rabinowitz Matthew
DirectorEXECUTIVE CHAIRMAN
Transactions
- Sale
Common Stock
[F1][F2]2026-06-12$209.50/sh−2,536$531,280→ 2,375,307 total - Sale
Common Stock
[F1][F3]2026-06-12$210.30/sh−3,267$687,048→ 2,372,040 total - Sale
Common Stock
[F1][F4]2026-06-12$211.61/sh−2,957$625,737→ 2,369,083 total - Sale
Common Stock
[F1][F5]2026-06-12$212.27/sh−12,142$2,577,402→ 2,356,941 total - Sale
Common Stock
[F1][F6]2026-06-12$213.43/sh−5,034$1,074,399→ 2,351,907 total - Sale
Common Stock
[F1][F7]2026-06-12$214.35/sh−5,707$1,223,301→ 2,346,200 total - Sale
Common Stock
[F1][F8]2026-06-12$215.38/sh−3,161$680,815→ 2,343,039 total - Sale
Common Stock
[F1][F9]2026-06-12$216.51/sh−7,182$1,554,959→ 2,335,857 total - Sale
Common Stock
[F1][F10]2026-06-12$217.32/sh−4,276$929,278→ 2,331,581 total - Sale
Common Stock
[F1][F11]2026-06-12$218.17/sh−2,133$465,357→ 2,329,448 total - Sale
Common Stock
[F1][F12]2026-06-12$219.36/sh−1,605$352,070→ 2,327,843 total - Sale
Common Stock
[F1][F13]2026-06-15$209.83/sh−831$174,372→ 2,327,012 total - Sale
Common Stock
[F1][F14]2026-06-15$210.73/sh−1,832$386,057→ 2,325,180 total - Sale
Common Stock
[F1][F15]2026-06-15$211.81/sh−1,237$262,008→ 2,323,943 total - Sale
Common Stock
[F1][F16]2026-06-15$212.84/sh−5,097$1,084,827→ 2,318,846 total - Sale
Common Stock
[F1][F17]2026-06-15$213.88/sh−7,836$1,676,000→ 2,311,010 total - Sale
Common Stock
[F1][F18]2026-06-15$214.72/sh−10,338$2,219,747→ 2,300,672 total - Sale
Common Stock
[F1][F19]2026-06-15$215.91/sh−11,877$2,564,338→ 2,288,795 total - Sale
Common Stock
[F1][F20]2026-06-15$216.81/sh−6,741$1,461,540→ 2,282,054 total - Sale
Common Stock
[F1][F21]2026-06-15$217.60/sh−3,811$829,284→ 2,278,243 total - Sale
Common Stock
[F1][F22]2026-06-15$218.72/sh−400$87,489→ 2,277,843 total
Holdings
- 5,000(indirect: By Spouse)
Common Stock
Footnotes (22)
- [F1]The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026.
- [F10]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $216.95 to $217.92 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.
- [F11]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $217.96 to $218.64 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.
- [F12]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $219.26 to $219.98 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.
- [F13]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $209.27 to $210.22 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.
- [F14]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.2850 to $211.25 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.
- [F15]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.30 to $212.28 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.
- [F16]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $212.32 to $213.31 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.
- [F17]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.32 to $214.30 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.
- [F18]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.32 to $215.31 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.
- [F19]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.32 to $216.31 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.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $208.88 to $209.87 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.
- [F20]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $216.32 to $217.31 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.
- [F21]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $217.32 to $218.27 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.
- [F22]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $218.61 to $218.84 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]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $209.88 to $210.87 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.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.92 to $211.91 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.
- [F5]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.92 to $212.91 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.
- [F6]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $212.92 to $213.90 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.
- [F7]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.92 to $214.91 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.
- [F8]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.92 to $215.91 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.
- [F9]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.92 to $216.89 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.
Signature
/s/ Tami Chen, Attorney-in-Fact|2026-06-16