Natera Co-Founder Jonathan Sheena Executes Routine Sell-to-Cover Transactions

Executive Summary

On October 27 and 28, 2026, Jonathan Sheena, Co-Founder and Director of Natera, Inc. ($NTRA), sold an aggregate of 478 shares of common stock at a weighted average price of approximately $413.96 per share, generating gross proceeds of $197,871.65. Following these sales, Mr. Sheena retains direct beneficial ownership of 217,686 shares and an additional 16,500 shares held indirectly through two Caraluna trusts.

Transaction Breakdown

• October 27, 2026: Disposed of 291 shares at $406.00 per share ($118,146.00).
• October 28, 2026: Disposed of 187 shares at $426.3404 per share ($79,725.65).
• Purpose: Footnotes indicate both transactions were non-discretionary sales executed to satisfy statutory tax withholding obligations resulting from the vesting of restricted stock units (RSUs) pursuant to Rule 10b5-1 instructions.

Impact and Market Assessment

The transaction volume represents less than 0.22% of Mr. Sheena's total direct holdings. Because these sales were automatic sell-to-cover dispositions rather than discretionary open-market divestitures, this filing does not signal a change in executive sentiment or internal outlook.