Natera director receives new RSU grants
BOTHA ROELOF reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
BOTHA ROELOF reported acquisition or exercise transactions in this Form 4 filing.
Natera, Inc. director Roelof Botha reported new equity awards in the form of restricted stock units (RSUs). He received 1,571 RSUs that vest in full on June 11, 2027, with full vesting if Natera undergoes a change in control, and 120 RSUs issued in lieu of quarterly board retainer fees of $26,875, which were fully vested at issuance. Each RSU represents one share of Natera common stock. Following these grants, Botha holds 4,585 shares of common stock directly and 1,076,198 shares indirectly through estate planning vehicles, indicating these awards are small relative to his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,691 shares
Grant/Award
3 txns
Insider
BOTHA ROELOF
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,571 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 120 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,585 shares (Direct);
Common Stock — 1,076,198 shares (Indirect, Estate planning vehicles)
Footnotes (3)
- F1. Represents the issuance of restricted stock units (RSUs) that shall vest in full on June 11, 2027. The RSUs will become fully vested in the event that the Issuer is subject to a change in control.
- F2. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- F3. Represents the issuance of RSUs to the Reporting Person in lieu of quarterly retainer fees of $26,875 for service on the Issuer's Board of Directors. The RSUs were fully vested at the time of issuance.
Key Figures
RSU grant vesting 2027: 1,571 RSUs
RSUs in lieu of fees: 120 RSUs
Quarterly retainer fees value: $26,875
+2 more
5 metrics
RSU grant vesting 2027
1,571 RSUs
Restricted stock units vesting June 11, 2027, with change in control acceleration
RSUs in lieu of fees
120 RSUs
Issued instead of quarterly board retainer fees
Quarterly retainer fees value
$26,875
Cash board fees replaced by 120 fully vested RSUs
Direct holdings after awards
4,585 shares
Natera common stock held directly by Roelof Botha
Indirect holdings via estate planning
1,076,198 shares
Natera common stock held indirectly through estate planning vehicles
Key Terms
restricted stock units (RSUs), change in control, quarterly retainer fees, estate planning vehicles
4 terms
restricted stock units (RSUs) financial
"Represents the issuance of restricted stock units (RSUs) that shall vest in full on June 11, 2027."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
change in control financial
"The RSUs will become fully vested in the event that the Issuer is subject to a change in control."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
quarterly retainer fees financial
"Represents the issuance of RSUs to the Reporting Person in lieu of quarterly retainer fees of $26,875 for service on the Issuer's Board of Directors."
estate planning vehicles financial
"total_shares_following_transaction": "1076198.0000" ... "nature_of_ownership": "Estate planning vehicles""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Roelof Botha report in Natera (NTRA)'s latest Form 4?
Roelof Botha reported two restricted stock unit awards: 1,571 RSUs that vest in 2027 and 120 RSUs issued instead of cash board fees. These RSUs provide future shares of Natera common stock as part of his director compensation package.
When do Roelof Botha's new Natera (NTRA) RSUs vest?
The main RSU grant of 1,571 units vests in full on June 11, 2027. Those RSUs also become fully vested earlier if Natera experiences a change in control, giving Botha accelerated equity in that scenario as part of his board compensation.
What does it mean that Natera (NTRA) issued RSUs instead of cash retainer fees?
Natera issued 120 RSUs to Roelof Botha in lieu of quarterly board retainer fees of $26,875. Instead of receiving cash, he received fully vested RSUs, aligning a portion of his director compensation with Natera’s share performance over time.
What is a restricted stock unit (RSU) in the context of Natera (NTRA)?
A restricted stock unit (RSU) is a promise to deliver one share of Natera common stock in the future, once vesting conditions are met. In this filing, each RSU equals one share, providing equity-based compensation tied to continued service or corporate events.
How are estate planning vehicles relevant to Roelof Botha’s Natera (NTRA) holdings?
The filing reports 1,076,198 Natera shares held indirectly through estate planning vehicles. This means some of Botha’s ownership is structured via entities used for estate or wealth planning, rather than being held solely in his direct personal name.
AI-generated analysis. How Rhea-AI works. Not financial advice.
