Williams Brinkley Ruth 4

What Happened
Williams Brinkley Ruth, a director of Natera, was granted 73 Restricted Stock Units (RSUs) on January 30, 2026. The RSUs were issued in lieu of the director's quarterly retainer ($17,500) and were fully vested at issuance. The filing reports an "A" (award/acquisition) transaction; no cash purchase or sale was reported.

Key Details

• Transaction date: 2026-01-30; Form 4 filed 2026-02-03 (filed on time).
• Transaction type: A (award/grant of RSUs); price reported as N/A.
• Number of RSUs granted: 73; the RSUs were fully vested at issuance (Footnote F1).
• Each RSU represents the right to one share of common stock upon settlement (Footnote F2).
• Consideration: RSUs issued in lieu of a $17,500 quarterly retainer.
• Shares owned after the transaction: Not disclosed in the Form 4 filing.

Context
RSUs are compensation-based awards (not an open-market purchase or sale). Because these RSUs were fully vested at issuance, the director has the right to receive the underlying shares, but the filing does not indicate whether any shares were sold following issuance. Such director fee-based grants are routine and do not by themselves indicate a change in the director’s view of the company’s prospects.