CERT insider files to sell 51,224 shares valued at $559K via Fidelity
Rhea-AI Filing Summary
Form 144 filing for Certara, Inc. (CERT): The filer intends to sell 51,224 shares of common stock through Fidelity Brokerage Services on 09/09/2025, with an aggregate market value of $559,303.56. These shares represent restricted stock that vested on 09/09/2020 and were acquired as compensation from the issuer. The company reports 160,623,580 shares outstanding. The filer reports no sales of the issuer's securities in the past three months and includes the standard representation that they are not aware of any undisclosed material adverse information.
Positive
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Negative
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Insights
TL;DR: Routine insider notice to sell vested restricted shares through a broker; limited immediate material impact on investors.
This Form 144 documents a proposed sale of 51,224 common shares by an insider via Fidelity on 09/09/2025. The shares were acquired through restricted stock vesting in 2020 as compensation. The filing discloses the aggregate market value of $559,303.56 and the reported outstanding share count of 160,623,580. Because this is a scheduled sale of vested shares and there are no reported recent sales, the filing appears to be a compliance disclosure rather than a signal of new corporate developments. Investors should treat this as routine insider liquidity rather than material corporate news.
TL;DR: Compliance-focused disclosure of an insider sale; no governance red flags are evident from the filing alone.
The notice indicates the sale arises from vested restricted stock awarded as compensation, which is a common executive or employee liquidity event. The filer affirms absence of undisclosed material adverse information, and the form lists no other aggregated sales in the prior three months. From a governance perspective, the form fulfills Rule 144 disclosure requirements. There is no indication in this filing of unusual timing, clustering of sales, or reliance on a 10b5-1 plan date, but the filing also does not provide plan-adoption details.