Natera Director Jonathan Sheena Files Form 144 to Sell $3.88M in Stock

Insider Filing Overview: Form 144 Notice

Natera, Inc. ($NTRA) director Jonathan Sheena filed a Form 144 on October 21, 2026, indicating an intention to sell 9,450 shares of common stock through Charles Schwab & Co., Inc. The aggregate market value of the proposed transaction is approximately $3,879,737, representing an implied share price of roughly $410.55.

Key Highlights

• Trading Plan: The proposed sale is executed pursuant to a Rule 10b5-1 trading plan adopted on December 12, 2025.
• Origin of Shares: The shares to be sold originated from stock option exercises originally acquired on November 2, 2016.
• Recent Trading Activity: The reporting owner has engaged in steady programmatic selling over the prior three months, disposing of 44,452 shares across eight transactions between July 27, 2026, and October 16, 2026, generating gross proceeds in excess of $15.8 million.
• Market Impact: With 144,144,170 shares outstanding, the 9,450 shares represent less than 0.01% of total common stock outstanding, indicating minimal market dilution impact.