Chapman Rowan E 4

What Happened

• Rowan E. Chapman, a director of Natera, received two grants of restricted stock units (RSUs) on 2026-06-26 totaling 1,674 RSUs (1,571 RSUs + 103 RSUs). The transaction is reported as an award/grant (code A); no cash purchase or sale was involved and no per-share price is reported.

Key Details

• Transaction date: 2026-06-26; Form 4 filed: 2026-06-30 (filed within the typical two-business-day window).
• Shares/units received: 1,571 RSUs (footnote F1) and 103 RSUs (footnote F3) — total 1,674 RSUs.
• Price/Value: Not reported for the RSU awards (N/A on the filing).
• Vesting and rights:
  • F1: The 1,571 RSUs vest in full on June 11, 2027 and accelerate upon a change in control.
  • F2: Each RSU represents a contingent right to receive one share of Natera common stock upon vesting.
  • F3: The 103 RSUs were issued in lieu of a quarterly director retainer of $23,125 and were fully vested at issuance.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Transaction code: A = Award/Grant (these RSUs are compensation-related, not an open-market purchase).

Context

• These awards are compensation-related grants to a director. Such RSU grants are commonly part of director pay and do not by themselves indicate buying or selling sentiment. The 1,571 RSUs are time-vested with a specified vesting date (and change-in-control protection); the 103 RSUs were already vested when issued as a cash-in-lieu retainer payment.