Chapman Steven Leonard 4
4 · Natera, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Natera (NTRA) CEO Steven Chapman Sells 41,124 Shares (~$9.09M)
What Happened
Steven Leonard Chapman, Natera's CEO, President and a director, sold a total of 41,124 NTRA shares in multiple open‑market transactions on June 4, 2026. The reported proceeds across the 14 reported lots total about $9,089,775. Individual lot prices ranged roughly from about $211.89 to $227.21 per share (many reported as weighted averages across multiple trades).
Key Details
- Transaction date: 2026-06-04 (reported on Form 4 filed 2026-06-05 — timely).
- Total shares sold: 41,124; total proceeds: ~$9.09 million.
- Per‑lot prices (reported weighted averages) span approximately $211.89 to $227.21; several lots include footnoted price ranges and weighted averages (see F2–F15). The filer will provide detailed per‑trade breakdowns on written request.
- Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted Dec 11, 2023 and amended Dec 2, 2024 and Mar 5, 2026 (Footnote F1).
- Shares owned after the transactions are not included in the data you provided — check the filed Form 4 for post‑trade holdings.
Context
- These were planned dispositions under a 10b5‑1 plan (pre‑arranged trading), which is common for executives and typically indicates routine sales rather than new, contemporaneous insider decisions.
- Sales (S) are generally less informative about management’s near‑term view than purchases; factual record only — no commentary on motive.
Insider Transaction Report
Form 4
Natera, Inc.NTRA
Chapman Steven Leonard
DirectorCEO AND PRESIDENT
Transactions
- Sale
Common Stock
[F1][F2]2026-06-04$212.42/sh−832$176,732→ 149,035 total - Sale
Common Stock
[F1][F3]2026-06-04$213.44/sh−2,503$534,250→ 146,532 total - Sale
Common Stock
[F1][F4]2026-06-04$214.83/sh−1,300$279,279→ 145,232 total - Sale
Common Stock
[F1][F5]2026-06-04$216.13/sh−5,499$1,188,523→ 139,733 total - Sale
Common Stock
[F1][F6]2026-06-04$217.04/sh−2,351$510,260→ 137,382 total - Sale
Common Stock
[F1][F7]2026-06-04$218.28/sh−1,742$380,252→ 135,640 total - Sale
Common Stock
[F1][F8]2026-06-04$219.08/sh−2,758$604,224→ 132,882 total - Sale
Common Stock
[F1][F9]2026-06-04$220.19/sh−2,400$528,450→ 130,482 total - Sale
Common Stock
[F1][F10]2026-06-04$222.25/sh−2,006$445,827→ 128,476 total - Sale
Common Stock
[F1][F11]2026-06-04$223.34/sh−6,500$1,451,680→ 121,976 total - Sale
Common Stock
[F1][F12]2026-06-04$223.91/sh−1,443$323,101→ 120,533 total - Sale
Common Stock
[F1][F13]2026-06-04$224.99/sh−1,630$366,737→ 118,903 total - Sale
Common Stock
[F1][F14]2026-06-04$226.15/sh−6,751$1,526,720→ 112,152 total - Sale
Common Stock
[F1][F15]2026-06-04$226.97/sh−3,409$773,740→ 108,743 total
Footnotes (15)
- [F1]The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 11, 2023, as amended on December 2, 2024, and as further amended on March 5, 2026.
- [F10]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $221.56 to $222.46 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 $222.70 to $223.53 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 $223.72 to $224.44 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 $224.77 to $225.54 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 $225.80 to $226.64 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.
- [F15]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.8050 to $227.2100 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 $211.8900 to $212.8650 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 $213.01 to $213.95 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 $214.0750 to $214.9900 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 $215.5450 to $216.5000 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 $216.76 to $217.24 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 $217.77 to $218.73 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 $218.84 to $219.45 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 $220.00 to $220.75 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|2026-06-05