Baynes Roy D. 4

What Happened Roy D. Baynes, a director of Natera, Inc. (NTRA), was granted two awards on June 26, 2026: 1,571 restricted stock units (RSUs) that vest in full on June 11, 2027 (or sooner upon a change in control), and 75 RSUs issued in lieu of his quarterly board retainer that were fully vested at issuance. Both entries are reported as acquisition awards (transaction code A). The filing lists no per‑share price or aggregate dollar value (N/A).

Key Details

• Transaction date: June 26, 2026; Form 4 filed June 30, 2026 (timely).
• Awards: 1,571 RSUs (time‑vesting; full vest: June 11, 2027; accelerated vesting on change in control) and 75 RSUs (issued in lieu of $16,875 quarterly retainer; fully vested at issuance).
• RSU conversion: Each RSU is a contingent right to receive one share of Natera common stock upon settlement.
• Transaction code: A = Award/Grant.
• Post‑transaction beneficial ownership: Not specified in the filing.
• Footnotes referenced: F1 (vesting date and change‑in‑control acceleration), F2 (each RSU = one share), F3 (75 RSUs issued for $16,875 retainer; vested at issuance).

Context These entries are equity compensation grants rather than open‑market purchases or sales; such awards are routine director compensation and do not, by themselves, indicate a purchase decision or market view. The larger 1,571 RSU award is time‑vesting (future settlement), while the 75 RSUs were immediately vested as compensation for board service.