Sheena Jonathan has filed 152 Form 4 transactions, all in a single company, NTRA. The pattern is one-sided: every trade is an open-market sale, coded "S." There are no purchases, no grants, and no option exercises in the recent record. The total sell value across her filings is $20,384,580.96, with zero dollars acquired through open-market buys.
The recent activity clusters in the summer of 2026. On August 7 alone, she executed eight separate sales, ranging from $30,840 to $1,618,202.91. That single day accounts for roughly $2.7 million in disposals. Earlier in the week, on August 3, she sold $29,210.83. July shows a similar cadence: sales on July 28 ($48,527.29), July 27 ($75,021.35), and a dense block on July 15 with nine transactions totaling about $436,000. July 13 had four sales worth roughly $569,000 combined. The earliest recent trade, on June 17, was two sales totaling $69,969.20.
The absence of "P" codes, which would indicate open-market purchases, is total. The "S" code is the only one present in the recent 25 trades. There is no mix of "M" for option exercises or "F" for tax withholding, which often appear alongside sales in insider filings. The direction is consistent: she has been a net seller in every reported period, with the largest single transaction on August 7 at $1.62 million. The data shows a steady, repeated reduction of her NTRA position over roughly two months, with no offsetting accumulation.
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