[Form 4] Certara, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Certara, Inc. SVP and General Counsel Daniel Corcoran exercised restricted stock units into common shares as part of his equity compensation. On April 1, 2026, one-third of a prior RSU grant vested and settled, delivering 10,849 shares of common stock. Of these, 5,751 shares were withheld at $5.70 per share to cover tax obligations, a non-market, tax-withholding disposition. Following these transactions, Corcoran directly held 21,319 shares of Certara common stock. The remaining RSUs from this grant are scheduled to vest and settle in equal parts on April 1, 2027 and April 1, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,849 shares exercised/converted
Mixed
3 txns
Insider
Corcoran Daniel
Role
SVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,849 | $0.00 | -- |
| Exercise | Common Stock | 10,849 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,751 | $5.70 | $33K |
Holdings After Transaction:
Restricted Stock Units — 21,698 shares (Direct);
Common Stock — 27,070 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") was granted on May 20, 2025, under the Certara, Inc. ("Certara") 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent. One-third of the RSUs vested and were settled on April 1, 2026. The remaining two-thirds of the RSUs will vest and settle in equal parts on April 1, 2027 and April 1, 2028. Represents shares of Certara withheld to satisfy tax withholding obligations in connection with the vesting of RSUs, exempt under Rule 16b-3.
Key Figures
RSU shares vested: 10,849 shares
Shares withheld for taxes: 5,751 shares
Tax withholding price: $5.70 per share
+3 more
6 metrics
RSU shares vested
10,849 shares
Restricted Stock Units settled into common stock on April 1, 2026
Shares withheld for taxes
5,751 shares
Withheld to satisfy tax obligations on April 1, 2026
Tax withholding price
$5.70 per share
Value applied to 5,751 withheld shares
Shares owned after transaction
21,319 shares
Common stock directly owned after April 1, 2026 events
RSU grant date
May 20, 2025
Grant under Certara 2020 Incentive Plan
Future vesting dates
April 1, 2027 and April 1, 2028
Remaining RSUs vest and settle in equal parts
Key Terms
Restricted Stock Units, 2020 Incentive Plan, Rule 16b-3, tax withholding obligations, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") was granted on May 20, 2025, under the Certara, Inc. 2020 Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Incentive Plan financial
"granted on May 20, 2025, under the Certara, Inc. ("Certara") 2020 Incentive Plan"
Rule 16b-3 regulatory
"Represents shares of Certara withheld to satisfy tax withholding obligations in connection with the vesting of RSUs, exempt under Rule 16b-3."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
tax withholding obligations financial
"Represents shares of Certara withheld to satisfy tax withholding obligations in connection with the vesting of RSUs"
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""