Natera CEO sells shares after RSU grant

Natera, Inc. CEO and president Steven Leonard Chapman reported a compensation-related share grant and a linked sale.

Rhea-AI Filing Summary

Natera, Inc. CEO and president Steven Leonard Chapman reported a compensation-related share grant and a linked sale. On March 9, 2026, he received 5,623 fully vested Restricted Stock Units (RSUs), each representing one share of common stock. On March 10, 2026, he executed an open-market sale of 5,623 shares at an average price of $204.1327 per share, with the sale described as being partially to satisfy tax withholding obligations and carried out under a written instruction intended to meet Rule 10b5-1(c) conditions. After these transactions, he directly holds 156,607 shares of Natera common stock.

Insider Trade Summary 10b5-1

Net Seller: 5,623 shares

Net Sell 2 txns

Insider Chapman Steven Leonard

Role CEO AND PRESIDENT

Sold 5,623 shs ($1.15M)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,623	$204.1327	$1.15M
Grant/Award	Common Stock	5,623	$0.00	$0.00

Holdings After Transaction: Common Stock — 156,607 shares (Direct)

Footnotes (3)

1. F1. Represents the issuance of Restricted Stock Units ("RSUs") to the Reporting Person. 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.
3. F3. The sale of shares was partially effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs and was made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on March 9, 2026.

FAQ

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

What insider transactions did Natera (NTRA) CEO Steven Leonard Chapman report?

He reported a grant of 5,623 fully vested RSUs on March 9, 2026, followed by an open-market sale of 5,623 Natera common shares on March 10, 2026 at an average price of $204.1327 per share.

How many Natera shares did the CEO sell and at what price?

Steven Leonard Chapman sold 5,623 shares of Natera common stock. The sale occurred on March 10, 2026 at an average price of $204.1327 per share, according to the reported open-market transaction in the Form 4 filing.

Why did the Natera CEO’s March 10, 2026 share sale occur?

The sale was described as being partially effected to satisfy tax withholding and remittance obligations related to the vesting of RSUs and was executed under a written instruction intended to meet Rule 10b5-1(c) affirmative defense conditions.

What RSU award did Natera grant to its CEO in March 2026?

On March 9, 2026, Natera granted Steven Leonard Chapman 5,623 Restricted Stock Units that were fully vested upon issuance. Each RSU represents a contingent right to receive one share of the company’s common stock, effectively functioning as share-based compensation.

How many Natera shares does the CEO hold after these Form 4 transactions?

Following the RSU grant and subsequent sale, Steven Leonard Chapman directly holds 156,607 shares of Natera common stock. This post-transaction balance is reported in the Form 4 and shows that the sale involved only a portion of his overall holdings.

Were Natera CEO’s share sales made under a Rule 10b5-1 trading arrangement?

Yes. The filing states the sale was made pursuant to a written instruction contained in his Stock Unit Agreement, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act, indicating a pre-arranged trading framework.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 03/11/2026 - 09:35 PM 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).

X

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^*

Chapman Steven Leonard

(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)
	CEO AND PRESIDENT

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		A		5,623(1)	A	(2)	162,230	D
Common Stock	03/10/2026		S		5,623(3)	D	$204.1327	156,607	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. 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. The sale of shares was partially effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs and was made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on March 9, 2026.

	/s/ Tami Chen, Attorney-in-Fact	03/11/2026
	** 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.