Steven Leonard Chapman, CEO and President of Natera, Inc., filed a Form 4 on October 29, 2026, disclosing two open-market disposals of common stock on October 27 and October 28, 2026, both executed under Rule 10b5-1(c) plans to satisfy tax withholding obligations tied to vesting restricted stock units.

Key Highlights

  • First sale: 2,264 shares disposed of on October 27, 2026, at $406 per share, under the RSU agreement granted January 26, 2024.
  • Second sale: 3,430 shares disposed of on October 28, 2026, at $426.3404 per share, under RSU agreements granted January 27, 2023.
  • Total shares sold: 5,694 shares across both transactions, both coded as sales (S) and marked disposed of (D).
  • Remaining holdings: Chapman directly beneficially owns 91,232 shares of common stock following the reported transactions.
  • Purpose disclosed: Both sales were made solely to satisfy tax withholding and remittance obligations in connection with RSU vesting, according to the filing.
  • Rule 10b5-1 plans: Both transactions were made pursuant to written instructions intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.

Chapman's RSU-Linked Tax Sales at Natera in Late October 2026

According to the Form 4 filed with the SEC on October 29, 2026, Steven Leonard Chapman, who serves as CEO and President of Natera, Inc. (NASDAQ:NTRA), disposed of shares on two consecutive trading days. On October 27, 2026, the filing discloses a sale of 2,264 shares at $406 per share. The following day, October 28, 2026, an additional 3,430 shares were sold at a price of $426.3404 per share. Both transactions are coded "S" in the filing, indicating sales of directly held common stock.

The filing states that both disposals were made to satisfy tax withholding and remittance obligations connected to the vesting of restricted stock units. The October 27 sale is linked to a Stock Unit Agreement granted on January 26, 2024, while the October 28 sale is linked to Stock Unit Agreements granted on January 27, 2023. The filing notes that each transaction was executed pursuant to a written instruction plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.

Following both transactions, the filing reports Chapman's direct beneficial ownership at 91,232 shares of Natera common stock. No derivative securities transactions were reported in Table II of the filing. The Form 4 was signed by Tami Chen as Attorney-in-Fact on October 29, 2026.

What Was Disclosed

Natera CEO and President Steven Leonard Chapman disclosed the sale of 5,694 total shares of common stock on October 27 and 28, 2026, both for RSU tax withholding purposes under pre-established Rule 10b5-1(c) plans, leaving him with 91,232 directly owned shares.