BOTHA ROELOF 4

What Happened
Roelof Botha, a director of Natera, Inc. (NTRA), received an award of 112 Restricted Stock Units (RSUs) on January 30, 2026. The RSUs were issued in lieu of a quarterly board retainer totaling $26,875 (implying an approximate per‑RSU value of $240.63) and were fully vested at issuance. This was an award/grant transaction (Form 4 transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-01-30 (reported on Form 4 filed 2026-02-03).
• Transaction type/code: Award/Grant (A). Price per share not listed; issuance in lieu of $26,875 retainer (112 RSUs).
• Each RSU represents a contingent right to receive one share of common stock (per filing footnote).
• RSUs were fully vested at issuance (immediate entitlement to the units).
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Filing appears timely (transaction 1/30/2026; Form 4 filed 2/3/2026).

Context
RSU grants to directors are routine compensation for board service and differ from open‑market buys or sales; they do not by themselves indicate the director is buying/selling stock for investment reasons. Because these RSUs were fully vested, Botha has a contingent right to 112 Natera shares subject to the plan’s settlement terms.