Chapman Rowan E 4

What happened
Rowan E. Chapman, a director of Natera, received two awards of restricted stock units (RSUs) on April 24, 2026 totaling 336 RSUs (114 RSUs + 222 RSUs). No cash price was reported for the grants. One award was issued in lieu of a $23,125 quarterly board retainer and was fully vested at issuance; the other grant vests 25% immediately with the remainder vesting in three equal quarterly installments.

Key details

• Transaction date: 2026-04-24; Form 4 filed 2026-04-28 (reporting period 2026-04-24).
• Grants: 114 RSUs (fully vested at issuance per footnote) and 222 RSUs (25% vested immediately, remaining vests in three equal quarterly installments).
• Price/consideration: N/A (RSUs issued as awards; one grant exchanged for a $23,125 retainer).
• Each RSU represents a contingent right to one share of common stock (will convert to one share upon settlement).
• Shares owned after the transaction are not specified in the provided filing details.
• No indication in the provided data that the filing was late.

Context
RSU awards are compensation, not open-market purchases or sales; they do not by themselves signal buying or selling intent. The first grant replaced the director’s quarterly cash retainer, and the second follows a standard vesting schedule (partial immediate vesting followed by quarterly vesting). Upon settlement, each RSU converts to one share of Natera common stock.