Atara director buys 104K shares at $9.60
A director of Atara Biotherapeutics purchased 104,166 shares in a direct, non‑plan transaction, raising his holdings to 166,486 shares.
Rhea-AI Filing Summary
Atara Biotherapeutics, Inc. (ATRA) director Brian N. Cherry reported purchasing common stock of the company. On September 4, 2026, he acquired 104,166 shares of Atara common stock at $9.60 per share, increasing his directly held position to 166,486 shares.
The shares were purchased from Atara through its sales agent under a Sales Agreement dated November 1, 2023. No Rule 10b5-1 trading plan is indicated for this transaction.
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Insights
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Insider Trade Summary
Net Buyer: 104,166 shares
Net Buy
1 txn
Insider
Cherry Brian N
Role
Director
Bought
104,166 shs ($1000K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 104,166 | $9.60 | $1000K |
Holdings After Transaction:
Common Stock — 166,486 shares (Direct)
Footnotes (1)
- F1. Represents shares purchased by the Reporting Person from the Issuer, through its sales agent, pursuant to that certain Sales Agreement, dated November 1, 2023, by and between the Issuer and TD Securities (USA) LLC.
Key Figures
Shares purchased: 104,166 shares
Purchase price per share: $9.60
Shares held after transaction: 166,486 shares
+2 more
5 metrics
Shares purchased
104,166 shares
Common stock acquired by director on September 4, 2026
Purchase price per share
$9.60
Price paid for Atara common stock on September 4, 2026
Shares held after transaction
166,486 shares
Director’s direct holdings of Atara common stock after the purchase
Net buy shares
104,166 shares
Net change in reported holdings from this Form 4
Buy transactions
1 transaction
Number of purchase transactions reported in this Form 4
Key Terms
Sales Agreement, sales agent, Power of Attorney
3 terms
Sales Agreement financial
"pursuant to that certain Sales Agreement, dated November 1, 2023, by and between"
A sales agreement is a written contract that sets out the terms for selling goods, services, or assets, specifying price, delivery, payment schedule and responsibilities of each side. For investors it matters because it creates a predictable stream of revenue or cash obligations, clarifies timing and risk, and can change a company’s value or forecasts much like a signed order turns a customer’s verbal intent into a firm commitment.
sales agent financial
"purchased by the Reporting Person from the Issuer, through its sales agent"
A sales agent is an individual or firm authorized to sell a company’s products or services on its behalf, typically paid by commission or fees rather than a fixed salary. For investors, who a company uses to reach customers and how well those agents perform affects revenue growth and profit margins — like hiring local independent sellers to expand into new neighborhoods without building stores — so agent quality and cost matter to future cash flow and valuation.
Power of Attorney regulatory
"Exhibit 24 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What insider transaction did Atara Biotherapeutics (ATRA) report on this Form 4?
The filing reports that director Brian N. Cherry purchased 104,166 shares of Atara Biotherapeutics common stock on September 4, 2026 in a non-derivative transaction, identified as a purchase in an open market or private transaction.
Was the Atara Biotherapeutics (ATRA) insider trade made under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan applies to this transaction, meaning the purchase was not reported as being made pursuant to a pre-arranged trading plan.
What is the nature of the security in this Atara Biotherapeutics (ATRA) Form 4?
The reported transaction involves common stock of Atara Biotherapeutics, Inc. It is classified as a non-derivative security in the Form 4 data.
AI-generated analysis. How Rhea-AI works. Not financial advice.