Natera, Inc. — Director's Dealing 2026

Jan 22, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Natera, Inc. (NTRA)
CIK: 0001604821
Period of Report: 2026-01-20

Reporting Person: Sheena Jonathan (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-20	Common Stock	S	2981	$234.7384	Disposed	267050	Direct
2026-01-20	Common Stock	M	191	—	Acquired	267241	Direct
2026-01-21	Common Stock	S	93	$235	Disposed	267148	Direct
2026-01-21	Common Stock	S	2470	$234.1157	Disposed	264678	Direct
2026-01-21	Common Stock	S	600	$235.8183	Disposed	264078	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-01-20	Restricted Stock Unit	$	M	191	Disposed		Common Stock (191)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	22532	Indirect
Common Stock	22532	Indirect

Footnotes

F1: The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of Restricted Stock Units (RSUs) and made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on January 27, 2023.

F2: Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.

F3: The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of Restricted Stock Units (RSUs) and made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on January 28, 2022.

F4: The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 7, 2024.

F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $234.04 to $234.87 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F6: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.5650 to $236.1850 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F7: The RSUs vest over four years. 25% of the RSUs vested on January 20, 2023 and the remaining shares vest in 12 equal quarterly installments thereafter.