Natera director granted 5 RSUs as board fees

Rubin Eric H reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Rubin Eric H reported acquisition or exercise transactions in this Form 4 filing.

Natera, Inc. director Eric H. Rubin received a grant of 5 shares of common stock in the form of Restricted Stock Units (RSUs). These RSUs were issued in lieu of $1,125 in quarterly retainer fees for his Board service and were fully vested at issuance. Each RSU represents the right to receive one share of Natera common stock, and Rubin now holds 5 shares directly following this award.

Insider Trade Summary

Grant/Award: 5 shares

Grant/Award 1 txn

Insider Rubin Eric H

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5	$0.00	$0.00

Holdings After Transaction: Common Stock — 5 shares (Direct)

Footnotes (2)

1. F1. Represents the issuance of Restricted Stock Units ("RSUs") to the Reporting Person in lieu of quarterly retainer fees of $1,125 for service on the Issuer's Board of Directors. The RSUs were fully vested at the time of issuance.
2. F2. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.

Key Figures

RSUs granted: 5 shares Retainer fees value: $1,125 Shares owned after transaction: 5 shares +1 more

4 metrics

RSUs granted 5 shares Equity award for Board quarterly retainer fees

Retainer fees value $1,125 Quarterly Board service fees paid in RSUs

Shares owned after transaction 5 shares Total direct holdings following RSU grant

Transaction price per share $0.0000 Form 4 transaction price field for RSU grant

Key Terms

Restricted Stock Units ("RSUs"), quarterly retainer fees, contingent right

3 terms

Restricted Stock Units ("RSUs") financial

"Represents the issuance of Restricted Stock Units ("RSUs") to the Reporting Person in lieu of quarterly retainer fees"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

quarterly retainer fees financial

"in lieu of quarterly retainer fees of $1,125 for service on the Issuer's Board of Directors"

contingent right financial

"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Natera (NTRA) director Eric H. Rubin report in this Form 4?

Eric H. Rubin reported receiving 5 Restricted Stock Units (RSUs) of Natera common stock. The award was made as compensation for serving on the Board and was fully vested when granted, meaning the shares were immediately earned rather than subject to a vesting schedule.

How many Natera (NTRA) shares did Eric H. Rubin receive in this grant?

Eric H. Rubin received 5 shares of Natera common stock through an RSU grant. Each RSU equals one share of common stock, and his total direct holdings after this transaction are 5 shares according to the filing’s post-transaction ownership figure.

What was the purpose of the RSU grant to Natera (NTRA) director Eric H. Rubin?

The RSU grant compensated Eric H. Rubin for quarterly retainer fees of $1,125 for serving on Natera’s Board. Instead of paying cash, Natera issued fully vested RSUs, aligning a portion of his compensation with the company’s equity performance.

Were the RSUs granted to Natera (NTRA) director Eric H. Rubin vested immediately?

Yes. The filing states the RSUs granted to Eric H. Rubin were fully vested at issuance. This means he did not need to satisfy any additional service or performance conditions before the RSUs converted into the right to receive common shares.

How do the RSUs reported by Eric H. Rubin convert into Natera (NTRA) shares?

Each RSU represents a contingent right to receive one share of Natera common stock. For this grant, 5 RSUs correspond to 5 shares. Once settled under plan terms, the RSUs deliver the underlying common stock to the reporting person.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/28/2026 - 08:35 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rubin Eric H

(Last) (First) (Middle)

C/O NATERA, INC.

13011 MCCALLEN PASS BUILDING A SUITE 100

(Street)

AUSTIN TEXAS 78753

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Natera, Inc. [ NTRA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/24/2026		A		5(1)	A	(2)	5	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the issuance of Restricted Stock Units ("RSUs") to the Reporting Person in lieu of quarterly retainer fees of $1,125 for service on the Issuer's Board of Directors. The RSUs were fully vested at the time of issuance.

2. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.

	/s/ Tami Chen, Attorney-in-Fact	04/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)