What are Roelof Botha’s direct Natera (NTRA) share holdings after the RSU grants?

After the April 24, 2026 grants, the Form 4 reports direct holdings of 2,894 and 2,672 Natera Common Stock shares in respective entries. These amounts reflect shares tied to the RSU awards and are separate from his larger indirect estate planning holdings.

Natera (NTRA) director Roelof Botha receives RSU awards and reports 1.15M indirect shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

BOTHA ROELOF reported acquisition or exercise transactions in this Form 4 filing.

Natera, Inc. director Roelof Botha reported stock-based compensation and updated holdings. On April 24, 2026, he received two grants of Common Stock in the form of Restricted Stock Units (RSUs), with awards of 222 and 132 shares at a stated price of $0.00 per share.

Footnotes explain one RSU grant was issued in lieu of quarterly board retainer fees of $26,875 and was fully vested at issuance, while another vests 25% immediately and the balance in three equal quarterly installments. After these awards, Form 4 shows direct holdings of 2,894 and 2,672 Common Stock shares in the respective accounts, plus an additional 1,154,198 shares held indirectly through estate planning vehicles.

Insider Trade Summary

Net Buyer: 354 shares

Net Buy 3 txns

Insider BOTHA ROELOF

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	132	$0.00	$0.00
Grant/Award	Common Stock	222	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 2,894 shares (Direct); Common Stock — 1,154,198 shares (Indirect, Estate planning vehicles)

Footnotes (3)

F1. Represents the issuance of Restricted Stock Units ("RSUs") to the Reporting Person in lieu of quarterly retainer fees of $26,875 for service on the Issuer's Board of Directors. The RSUs were fully vested at the time of issuance.
F2. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F3. Represents the issuance of RSUs to the Reporting Person. 25% of the RSUs vest immediately and the remaining RSUs vest in three equal quarterly installments thereafter.

Key Figures

RSU grant 1: 222 shares RSU grant 2: 132 shares Board retainer value: $26,875 +4 more

7 metrics

RSU grant 1 222 shares Common Stock RSUs granted on April 24, 2026

RSU grant 2 132 shares Common Stock RSUs granted on April 24, 2026

Board retainer value $26,875 Quarterly retainer replaced by fully vested RSUs

Indirect holdings 1,154,198 shares Common Stock held via estate planning vehicles

Direct holdings entry 1 2,894 shares Common Stock directly held after RSU grant

Direct holdings entry 2 2,672 shares Common Stock directly held after second RSU grant

Immediate vesting portion 25% Portion of one RSU grant vests immediately

Key Terms

Restricted Stock Units ("RSUs"), quarterly retainer fees, fully vested, contingent right, +1 more

5 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 $26,875 for service on the Issuer's Board of Directors"

fully vested financial

"The RSUs were fully vested at the time of issuance"

contingent right financial

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

estate planning vehicles financial

"total_shares_following_transaction": "1154198.0000" ... "nature_of_ownership": "Estate planning vehicles""

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 04/28/2026 - 08:35 PM

FAQ

What insider activity did Natera (NTRA) report for Roelof Botha?

Natera director Roelof Botha reported receiving two grants of Common Stock via RSUs on April 24, 2026. The awards totaled 222 and 132 shares, reflecting stock-based compensation for board service rather than open-market buying or selling.

How many Natera (NTRA) shares does Roelof Botha hold indirectly?

Form 4 shows Roelof Botha with 1,154,198 Natera Common Stock shares held indirectly through estate planning vehicles. This large indirect position sits alongside smaller direct holdings that were updated following the April 24, 2026 RSU compensation awards.

What RSU grants did Natera (NTRA) award to Roelof Botha?

On April 24, 2026, Natera granted Roelof Botha RSU awards covering 222 and 132 shares of Common Stock. The filing states a price of $0.00 per share, indicating these were equity compensation grants rather than purchases in the open market.

How are Roelof Botha’s new Natera (NTRA) RSUs structured and vested?

One RSU grant was issued in lieu of a $26,875 quarterly board retainer and was fully vested at issuance. Another grant vests 25% immediately, with the remaining RSUs vesting in three equal quarterly installments thereafter, according to the Form 4 footnotes.

Were Roelof Botha’s Natera (NTRA) transactions open-market buys or sells?

The reported transactions were RSU grants classified as grant or award acquisitions, not open-market purchases or sales. The Form 4 shows a transaction code “A” with a $0.00 per-share price, indicating stock-based compensation for board service instead of trading activity.

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^*

BOTHA ROELOF

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/24/2026		A		132⁽¹⁾	A	⁽²⁾	2,672	D
Common Stock	04/24/2026		A		222⁽³⁾	A	⁽²⁾	2,894	D
Common Stock								1,154,198	I	Estate planning vehicles

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents the issuance of Restricted Stock Units ("RSUs") to the Reporting Person in lieu of quarterly retainer fees of $26,875 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.

3. Represents the issuance of RSUs to the Reporting Person. 25% of the RSUs vest immediately and the remaining RSUs vest in three equal quarterly installments thereafter.

	/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)

Source: View Original Filing on SEC EDGAR