Natera (NTRA) Co‑Founder & Director Sheena Jonathan Sells Shares

What Happened

• Sheena Jonathan, a director and co‑founder of Natera, sold a total of 9,150 NTRA shares in open‑market transactions on Sept 15–16, 2026, generating approximately $3.22 million in proceeds. Individual disposals included 6,000 shares (~$2.10M) and smaller blocks (100–1,400 shares) at prices in the $348–$357 range. These sales were effected under a Rule 10b5‑1 trading plan adopted Dec 12, 2025.

Key Details

• Transaction dates: 2026-09-15 (primary 6,000‑share sale) and 2026-09-16 (remaining sales).
• Shares sold: 9,150 total; aggregate proceeds ≈ $3,216,145.
• Prices: reported as weighted averages; per-footnote ranges span roughly $350.00–$357.06 across the different blocks. The filing notes the holder can provide per‑trade breakdowns on request.
• Footnotes: F1 — sales under a 10b5‑1 plan (adopted 12/12/2025). F2–F6 — weighted average prices with per‑trade ranges. F7 — some securities are held for beneficiaries of a trust; the reporting person disclaims beneficial ownership of those trust holdings.
• Filing: Form 4 filed 2026‑09‑17 reporting trades through 9/16/2026 — appears timely (filed within the Form 4 reporting window).
• Shares owned after transaction: not specified in the provided filing details.

Context

• These were outright sales (S = sale). Sales under an established 10b5‑1 plan are typically pre‑arranged and do not necessarily reflect a change in the insider’s view of the company. For retail investors, purchases generally carry more signal than routine plan‑based sales; this filing documents liquidity realized by a founder/director rather than a new acquisition.