Marcus Gail Boxer 4

What Happened

• Marcus Gail Boxer, a director of Natera, received two awards of Restricted Stock Units (RSUs) on 2026-04-24: 108 RSUs and 222 RSUs (330 RSUs total). The filing reports these as awards (Form 4 code "A"); no per‑share price or total dollar value is disclosed.
• Per the filing footnotes, the 108 RSUs were issued in lieu of a quarterly retainer fee of $21,875 and were fully vested at issuance. The 222‑RSU grant vests 25% immediately, with the remaining RSUs vesting in three equal quarterly installments. Each RSU represents the contingent right to one share of common stock.

Key Details

• Transaction date: 2026-04-24; Form 4 filed 2026-04-28 (Accession: 0001702176-26-000003).
• Type: Award/Grant (A); shares acquired via RSU issuance (not an open‑market purchase).
• Shares/units: 108 RSUs (fully vested at issuance) + 222 RSUs (25% vested immediately; remainder vests quarterly).
• Price/value: Not reported (N/A) in the filing.
• Shares owned after transaction: Not specified in the provided excerpt.
• Notable footnotes: F1 (RSUs issued in lieu of $21,875 quarterly retainer; fully vested), F2 (each RSU = one share), F3 (vesting schedule for the 222 RSUs).
• Filing timeliness: No late‑filing flag is indicated in the excerpt provided.

Context

• RSU awards are compensation-based grants (not open‑market purchases or sales). Vested RSUs convert to shares, but conversion timing and any subsequent sales would be disclosed separately if/when they occur.
• Such grants are common for board compensation and do not, by themselves, indicate insider buying or selling sentiment. Purchases (code P) typically carry more weight for signaling.