Chapman Steven Leonard 4

What Happened Steven L. Chapman, CEO, President and a director of Natera, sold a total of 5,838 shares in open-market transactions on April 27, 2026. He sold 2,272 shares at $203.75 for $462,920 and 3,566 shares at $204.39 for $728,855, totaling $1,191,775. These were sales (not purchases) and were executed to satisfy tax withholding obligations tied to vested Restricted Stock Units (RSUs).

Key Details

• Transaction dates/prices: 2026-04-27 — 2,272 shares @ $203.75 and 3,566 shares @ $204.39.
• Total sold/proceeds: 5,838 shares for $1,191,775.
• Shares owned after transaction: Not specified in the filing.
• Filing: Form 4 filed Apr 29, 2026 (period of report Apr 27, 2026) — appears timely.
• Footnotes: Sales were made to satisfy tax withholding on RSU vesting and pursuant to written instructions intended to satisfy the affirmative-defense conditions of Rule 10b5-1(c). The RSUs relate to grants dated Jan 26, 2024 (F1) and Jan 27, 2023 (F2).
• Transaction type/code: Open-market sales (S), effected for tax withholding (routine).

Context These sales were executed specifically to cover tax withholding on vested RSUs and were made under pre-established written instructions intended to meet Rule 10b5-1 requirements. Such transactions are common for executives when awards vest and do not, by themselves, indicate a change in the insider’s view of the company.