Roelof Botha takes $26,875 Natera (NASDAQ: NTRA) board fee in RSUs

Rhea-AI Filing Summary

Natera, Inc. director Roelof Botha received equity compensation for board service. On January 30, 2026, he was issued 112 Restricted Stock Units (RSUs) in lieu of a quarterly cash retainer of $26,875 for serving on Natera's Board of Directors. The RSUs were fully vested at issuance, and each RSU represents a right to receive one share of Natera common stock. Following this grant, Botha directly beneficially owned 2,540 shares of Natera common stock and indirectly beneficially owned 1,154,198 shares through estate planning vehicles.

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

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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 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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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	01/30/2026		A		112(1)	A	(2)	2,540	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)
				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 $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.

	/s/ Tami Chen, Attorney-in-Fact	02/03/2026
	** 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 did Natera (NTRA) disclose about Roelof Botha in this Form 4?

Natera reported that director Roelof Botha received 112 fully vested Restricted Stock Units on January 30, 2026, as compensation for board service. The filing also updates his direct and indirect beneficial ownership of Natera common stock after this grant.

How many Natera (NTRA) shares did Roelof Botha receive in this transaction?

Roelof Botha received 112 Restricted Stock Units, each representing one share of Natera common stock. These RSUs were granted in lieu of a quarterly board retainer of $26,875 and were fully vested at the time they were issued to him.

What is the nature of the RSU grant to Roelof Botha at Natera (NTRA)?

The grant consists of 112 Restricted Stock Units awarded instead of a $26,875 cash retainer for board service. Each RSU represents a contingent right to receive one Natera common share, and all the RSUs were fully vested when issued on January 30, 2026.

How many Natera (NTRA) shares does Roelof Botha beneficially own after this filing?

After the reported RSU grant, Roelof Botha beneficially owns 2,540 Natera common shares directly. He also beneficially owns 1,154,198 additional shares indirectly through estate planning vehicles, as disclosed in the ownership table in the Form 4.

Why did Natera (NTRA) grant RSUs instead of cash to Roelof Botha?

Natera granted RSUs to Roelof Botha in lieu of paying a $26,875 quarterly cash retainer for his Board of Directors service. This structure compensates him with equity rather than cash, using fully vested stock-based awards tied directly to Natera’s common shares.

How is Roelof Botha’s indirect ownership in Natera (NTRA) described?

The filing reports that Roelof Botha indirectly beneficially owns 1,154,198 Natera common shares through estate planning vehicles. These holdings are categorized as indirect ownership, separate from his 2,540 directly held shares, and reflect his beneficial interest via those entities.