Natera director receives equity grant in lieu of fees

Bertagnolli Monica reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Bertagnolli Monica reported acquisition or exercise transactions in this Form 4 filing.

Natera, Inc. director Monica Bertagnolli received an equity grant rather than cash fees for board service. She was issued 83 fully vested Restricted Stock Units (RSUs) on common stock in lieu of quarterly retainer fees of $16,875. Each RSU equals one share of common stock, bringing her direct holdings to 5,374 shares after this grant.

Insider Trade Summary

Grant/Award: 83 shares

Grant/Award 1 txn

Insider Bertagnolli Monica

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	83	$0.00	$0.00

Holdings After Transaction: Common Stock — 5,374 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 $16,875 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: 83 RSUs Cash fees replaced: $16,875 Holdings after transaction: 5,374 shares +1 more

4 metrics

RSUs granted 83 RSUs Equity award in lieu of quarterly board retainer fees

Cash fees replaced $16,875 Quarterly retainer fees replaced by RSU grant

Holdings after transaction 5,374 shares Total Natera common shares directly held by Bertagnolli after grant

Grant price per share $0.00 RSUs issued as compensation, not a market purchase

Key Terms

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

4 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 $16,875 for service on the Issuer's Board of Directors"

Board of Directors financial

"for service on the Issuer's Board of Directors"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

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 insider transaction did Natera (NTRA) report for Monica Bertagnolli?

Natera reported that director Monica Bertagnolli received 83 Restricted Stock Units as an equity award. The RSUs were granted in lieu of quarterly board retainer fees and were fully vested at issuance, increasing her direct common stock holdings to 5,374 shares.

How many Natera (NTRA) shares did Monica Bertagnolli acquire in this Form 4 filing?

Monica Bertagnolli acquired 83 shares of Natera common stock through a grant of Restricted Stock Units. These RSUs were issued as compensation for board service, replacing a cash retainer, and were fully vested immediately, adding directly to her existing share position.

What is the dollar value of the fees replaced by RSUs in Natera’s Form 4?

The RSU grant replaced quarterly retainer fees of $16,875 for Monica Bertagnolli’s service on Natera’s Board of Directors. Instead of receiving cash, she accepted fully vested Restricted Stock Units that convert into an equal number of common shares.

How many Natera (NTRA) shares does Monica Bertagnolli hold after this RSU grant?

After the award of 83 Restricted Stock Units, Monica Bertagnolli directly holds 5,374 shares of Natera common stock. This total includes the newly issued RSUs, each of which represents a contingent right to receive one share of the company’s common stock.

Were the Natera RSUs granted to Monica Bertagnolli immediately vested?

Yes. The Form 4 notes the Restricted Stock Units issued to Monica Bertagnolli were fully vested at the time of issuance. This means the equity compensation was not subject to a service-based vesting schedule and counted immediately toward her direct share ownership.

What does each Natera RSU granted to Monica Bertagnolli represent?

Each Restricted Stock Unit granted to Monica Bertagnolli represents a contingent right to receive one share of Natera’s common stock. When settled, these RSUs convert into an equivalent number of common shares, providing equity compensation instead of cash board fees.

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^*

Bertagnolli Monica

(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		83(1)	A	(2)	5,374	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 $16,875 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	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)