Director Eric H. Rubin gets RSU fee award at Natera (NTRA)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rubin Eric H reported acquisition or exercise transactions in this Form 4 filing.
Natera, Inc. director Eric H. Rubin received a grant of 5 shares of common stock in the form of Restricted Stock Units (RSUs). These RSUs were issued in lieu of $1,125 in quarterly retainer fees for his Board service and were fully vested at issuance. Each RSU represents the right to receive one share of Natera common stock, and Rubin now holds 5 shares directly following this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rubin Eric H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5 shares (Direct, null)
Footnotes (1)
- Represents the issuance of Restricted Stock Units ("RSUs") to the Reporting Person in lieu of quarterly retainer fees of $1,125 for service on the Issuer's Board of Directors. The RSUs were fully vested at the time of issuance. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
Key Figures
RSUs granted: 5 shares
Retainer fees value: $1,125
Shares owned after transaction: 5 shares
+1 more
4 metrics
RSUs granted
5 shares
Equity award for Board quarterly retainer fees
Retainer fees value
$1,125
Quarterly Board service fees paid in RSUs
Shares owned after transaction
5 shares
Total direct holdings following RSU grant
Transaction price per share
$0.0000
Form 4 transaction price field for RSU grant
Key Terms
Restricted Stock Units ("RSUs"), quarterly retainer fees, contingent right
3 terms
Restricted Stock Units ("RSUs") financial
"Represents the issuance of Restricted Stock Units ("RSUs") to the Reporting Person in lieu of quarterly retainer fees"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
quarterly retainer fees financial
"in lieu of quarterly retainer fees of $1,125 for service on the Issuer's Board of Directors"
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock"
FAQ
What did Natera (NTRA) director Eric H. Rubin report in this Form 4?
Eric H. Rubin reported receiving 5 Restricted Stock Units (RSUs) of Natera common stock. The award was made as compensation for serving on the Board and was fully vested when granted, meaning the shares were immediately earned rather than subject to a vesting schedule.
What was the purpose of the RSU grant to Natera (NTRA) director Eric H. Rubin?
The RSU grant compensated Eric H. Rubin for quarterly retainer fees of $1,125 for serving on Natera’s Board. Instead of paying cash, Natera issued fully vested RSUs, aligning a portion of his compensation with the company’s equity performance.
Were the RSUs granted to Natera (NTRA) director Eric H. Rubin vested immediately?
Yes. The filing states the RSUs granted to Eric H. Rubin were fully vested at issuance. This means he did not need to satisfy any additional service or performance conditions before the RSUs converted into the right to receive common shares.