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Natera (NTRA) executive chairman awarded 29,920 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rabinowitz Matthew reported acquisition or exercise transactions in this Form 4 filing.

Natera, Inc. executive chairman Matthew Rabinowitz received an equity award of 29,920 restricted stock units (RSUs). The RSUs were granted on February 27, 2026 at no cash cost and each RSU represents one share of common stock. Vesting begins March 1, 2027, when 25% vests, with the remainder vesting in 12 equal quarterly installments over the following three years.

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Insider Rabinowitz Matthew
Role EXECUTIVE CHAIRMAN
Type Security Shares Price Value
Grant/Award Common Stock 29,920 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 2,310,772 shares (Direct); Common Stock — 5,000 shares (Indirect, By spouse)
Footnotes (1)
  1. Represents the issuance of Restricted Stock Units ("RSUs") to the Reporting Person. The RSUs vest over four years. 25% of the RSUs vest on March 1, 2027 and the remaining RSUs vest in 12 equal quarterly installments thereafter. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
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*
Rabinowitz Matthew

(Last) (First) (Middle)
C/O NATERA, INC.
13011 MCCALLEN PASS BUILDING A SUITE 100

(Street)
AUSTIN TX 78753

(City) (State) (Zip)
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
X Officer (give title below) Other (specify below)
EXECUTIVE CHAIRMAN
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/27/2026 A 29,920(1) A (2) 2,310,772 D
Common Stock 5,000 I By spouse
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. The RSUs vest over four years. 25% of the RSUs vest on March 1, 2027 and the remaining RSUs vest in 12 equal quarterly installments thereafter.
2. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
/s/ Tami Chen, Attorney-in-Fact 03/03/2026
** 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.

FAQ

What equity award did Natera (NTRA) executive chairman Matthew Rabinowitz receive?

Matthew Rabinowitz received an award of 29,920 restricted stock units (RSUs) of Natera common stock. The grant carries no cash exercise price and each RSU converts into one share, providing additional equity-based compensation aligned with the company’s long-term performance and stock value.

How do the new Natera (NTRA) RSUs granted to Matthew Rabinowitz vest?

The 29,920 RSUs vest over four years. Twenty-five percent vests on March 1, 2027, and the remaining 75% vests in 12 equal quarterly installments thereafter, encouraging long-term alignment between the executive chairman’s compensation and Natera’s ongoing operational and share price performance.

Does Matthew Rabinowitz pay cash for the Natera (NTRA) RSU grant?

The RSU grant to Matthew Rabinowitz was issued at a price of $0.00 per share. This means he does not pay cash to receive the 29,920 units; instead, they convert into common shares as they vest according to the specified four-year vesting schedule.

What does each Natera (NTRA) RSU granted to Matthew Rabinowitz represent?

Each restricted stock unit granted to Matthew Rabinowitz represents a contingent right to receive one share of Natera common stock. Shares are actually delivered only as the RSUs vest over time, tying his potential ownership directly to continued service and company performance.

How many Natera (NTRA) shares does Matthew Rabinowitz hold after the RSU grant?

Following the grant-related reporting, Matthew Rabinowitz is shown with 2,310,772 shares of Natera common stock held directly. An additional 5,000 shares are reported as held indirectly through his spouse, reflecting both direct and family-related beneficial ownership interests in the company.

Is the Natera (NTRA) RSU grant to Matthew Rabinowitz a stock purchase or a compensation award?

The 29,920-unit award is a compensation grant, not an open-market stock purchase. It reflects an equity-based incentive that costs him no cash upfront, with value realized only as RSUs vest into Natera common shares over the four-year vesting period described.