Natera CEO Steven Chapman Sells $2.38M in Shares for Tax Withholding

Executive Summary

On October 27 and October 28, 2026, Steven Leonard Chapman, CEO and President of Natera, Inc. (NASDAQ: NTRA), executed sales of an aggregate 5,694 shares of Common Stock, generating total gross proceeds of approximately $2.38 million. The sales were conducted directly to cover tax withholding and remittance obligations arising from the vesting of restricted stock units (RSUs).

Transaction Breakdown

1. October 27, 2026:

   • Shares Sold: 2,264
   • Price: $406.00
   • Gross Amount: $919,184.00
   • Shares Owned After: 94,662

2. October 28, 2026:

   • Shares Sold: 3,430
   • Price: $426.3404
   • Gross Amount: $1,462,347.57
   • Shares Owned After: 91,232

Nature of Disposition and Significance

• Trading Significance: Low
• Rule 10b5-1 / Tax Obligations: As documented in the footnotes, both transactions were mandatory sell-to-cover transactions effected pursuant to written instructions satisfying Rule 10b5-1(c) to satisfy statutory tax obligations associated with RSU vestings from equity grants awarded in January 2023 and January 2024.
• Post-Transaction Holdings: Mr. Chapman retains direct ownership of 91,232 shares of common stock following the dispositions.