Sheena Jonathan 4

What Happened

• Sheena Jonathan, a director and co‑founder of Natera, sold a total of 4,570 NTRA shares in open‑market transactions on March 18 and March 20, 2026. The individual lots reported: 300 @ $196.27 ($58,880), 956 @ $197.84 ($189,135), 1,814 @ $198.65 ($360,355), and five smaller lots on March 20 (239, 140, 371, 235, 235, 280 shares) at weighted average prices in the ~$198.49–$200.97 range, bringing total proceeds to about $908,300. These were sales (not purchases) and thus are not a direct bullish signal.

Key Details

• Transaction dates: March 18, 2026 and March 20, 2026; Form 4 filed March 20, 2026 (appears timely).
• Total shares sold: 4,570; total proceeds: ≈ $908,300.
• Reported prices include weighted averages covering ranges roughly $196.02 to $201.13 per share (see footnotes F2–F4, F6, F8–F9, F10–F12).
• Sales were effected pursuant to Rule 10b5‑1 trading plans (adopted Dec 11, 2024 and June 7, 2024; footnotes F1 and F5), indicating pre‑arranged trading instructions.
• Shares owned after the transactions are not specified in the supplied details.

Context

• Because these were open‑market sales executed under 10b5‑1 plans, they typically reflect preplanned disposition schedules rather than ad‑hoc insider decisions. Retail investors should view 10b5‑1 sales as routine unless accompanied by other material company news or large, unusual insider activity.
• For a full breakdown of the per‑trade prices within reported weighted ranges, the filer notes (in multiple footnotes) they will provide detailed price/quantity info upon written request.