RABINOWITZ DANIEL 4

What Happened

• Daniel Rabinowitz, Natera’s (NTRA) Chief Legal Officer and Secretary, sold a total of 16,800 shares on July 1, 2026 in multiple open-market transactions, generating roughly $4,574,432 in proceeds. Individual reported lots ranged from 300 to 3,705 shares at reported weighted-average prices between $266.79 and $278.77 per share. These sales were reported as dispositions (S).

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 6, 2026.
• Total shares sold: 16,800; approximate total proceeds: $4,574,432.
• Reported prices: weighted-average prices shown per lot ($266.79–$278.77); several footnotes (F2–F13) specify narrower price ranges for groups of trades and note the holder can provide a per-price breakdown on written request.
• Plan: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted December 5, 2025 (footnote F1).
• Shares owned after transaction: not disclosed in the provided filing details.
• Transaction type: S = Sale (open market/private sale).

Context

• A 10b5-1 plan is a pre-arranged trading program that allows insiders to sell shares on a preset schedule; sales under such plans are generally considered routine and do not necessarily reflect the insider’s current view of the company.
• These were outright sales (not option exercises or gifts). Retail investors should note timing and total amount but avoid inferring intent beyond the existence of the 10b5-1 plan.