Atara Biotherapeutics (ATRA) director awarded 24,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cherry Brian N reported acquisition or exercise transactions in this Form 4 filing.
Atara Biotherapeutics director Brian N. Cherry received a grant of 24,000 shares of common stock on June 11, 2026 as a compensation award. The shares are in the form of restricted stock units that vest in three equal annual installments on the first, second, and third anniversaries of June 11, 2026, subject to his continuous service. Following this grant, Cherry directly holds 62,320 shares of Atara common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cherry Brian N
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 62,320 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 24,000 shares
Grant price: $0.00 per share
Post-transaction holdings: 62,320 shares
+1 more
4 metrics
RSU grant size
24,000 shares
Restricted stock units granted June 11, 2026
Grant price
$0.00 per share
Reported award price for RSU grant
Post-transaction holdings
62,320 shares
Total common shares held directly after grant
Vesting schedule
1/3 each year over 3 years
Vests on first, second, third anniversaries of June 11, 2026
Key Terms
restricted stock units, Grant, award, or other acquisition, continuous service
3 terms
restricted stock units financial
"These restricted stock units shall vest as to 1/3 of the shares..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
continuous service financial
"subject to the Reporting Person's continuous service"
FAQ
What insider transaction did Atara Biotherapeutics (ATRA) disclose for Brian N. Cherry?
Atara Biotherapeutics reported that director Brian N. Cherry received a grant of 24,000 restricted stock units on June 11, 2026. This is a compensation-related award rather than an open-market stock purchase or sale.
What are the vesting terms of Brian N. Cherry’s 24,000 Atara (ATRA) restricted stock units?
The 24,000 restricted stock units vest in three equal installments. One-third of the grant vests on each of the first, second, and third anniversaries of June 11, 2026, if Brian N. Cherry maintains continuous service.
Was the Atara Biotherapeutics (ATRA) Form 4 transaction a stock purchase or sale?
The Form 4 shows a grant of 24,000 restricted stock units to director Brian N. Cherry. It is a compensation-related acquisition at a reported price of $0.00 per share, not an open-market buy or sell transaction.
What transaction code was used in Atara Biotherapeutics (ATRA) director Brian N. Cherry’s Form 4?
The transaction was reported with code “A,” indicating a grant, award, or other acquisition. This reflects restricted stock units granted to Brian N. Cherry as part of his compensation, rather than a market trade.