Certara exec nets stock from RSU and PSU vesting
Certara, Inc. president and chief commercial officer Leif E. Pedersen reported vesting and settlement of stock awards on April 1, 2026.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Certara, Inc. president and chief commercial officer Leif E. Pedersen reported vesting and settlement of stock awards on April 1, 2026. He exercised restricted stock units and performance stock units to receive 33,167 shares of common stock at an exercise price of $0.00 per share.
He also received a separate award of 14,510 shares of common stock, while 11,611 shares were withheld at $5.70 per share to satisfy tax obligations tied to the RSU and PSU vesting. Following these compensation-related transactions, he directly holds 110,045 shares of Certara common stock.
Insider Trade Summary
33,167 shares exercised/converted
Exercise
11 txns
Insider
Pedersen Leif E
Role
PRESIDENT, CHIEF COMMERCAL OFF
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,852 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 10,127 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 15,188 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 14,510 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,534 | $5.70 | $20K |
| Exercise | Common Stock | 7,852 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,912 | $5.70 | $11K |
| Exercise | Common Stock | 10,127 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,466 | $5.70 | $14K |
| Exercise | Common Stock | 15,188 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,699 | $5.70 | $21K |
Holdings After Transaction:
Restricted Stock Units — 40,505 contracts (Direct);
Common Stock — 110,045 shares (Direct)
Footnotes (5)
- F1. Each performance stock unit ("PSU") was granted on April 1, 2023, under the Certara, Inc. ("Certara") 2020 Incentive Plan (the "2020 Incentive Plan") and represents a right to receive one share of common stock. The PSUs were subject to the achievement of certain performance objectives over a three-year period from January 1, 2023, to December 31, 2025. The PSUs were vested and settled on April 1, 2026.
- F2. Represents shares of Certara withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") and PSUs described in footnotes 1, 3, 4, and 5, exempt under Rule 16b-3.
- F3. Each RSU was granted on April 1, 2023, under the 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, 2024. One-third of the RSUs vested and were settled on April 1, 2025. The remaining one-third of the RSUs vested and settled on April 1, 2026.
- F4. Each RSU was granted on April 1, 2024, under the 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, 2025. One-third of the RSUs vested and were settled on April 1, 2026. The remaining one-third of the RSUs will vest and settle on April 1, 2027.
- F5. Each restricted stock unit was granted on May 20, 2025, under the 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 an April 1, 2028.
Key Figures
RSUs/PSUs exercised: 33,167 shares
New common stock award: 14,510 shares
Shares withheld for taxes: 11,611 shares
+4 more
7 metrics
RSUs/PSUs exercised
33,167 shares
Derivative exercises into common stock on April 1, 2026
New common stock award
14,510 shares
Grant or award of common stock on April 1, 2026
Shares withheld for taxes
11,611 shares
Tax withholding dispositions at $5.70 per share
Tax withholding price
$5.70 per share
Price used for F-code tax-withholding transactions
Shares owned after transactions
110,045 shares
Direct holdings after April 1, 2026 transactions
Derivative exercises count
3 transactions
M-code exercises totaling 33,167 underlying shares
Tax-withholding transactions
4 transactions
F-code dispositions covering RSU and PSU vesting taxes
Key Terms
Restricted Stock Units, performance stock unit, 2020 Incentive Plan, tax withholding obligations, +1 more
5 terms
Restricted Stock Units financial
"Represents shares of Certara withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units"
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.
performance stock unit financial
"Each performance stock unit ("PSU") was granted on April 1, 2023, under the Certara, Inc. 2020 Incentive Plan"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
2020 Incentive Plan financial
"granted on April 1, 2023, under the Certara, Inc. ("Certara") 2020 Incentive Plan"
tax withholding obligations financial
"Represents shares of Certara withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units"
Rule 16b-3 regulatory
"withheld to satisfy tax withholding obligations ... 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Certara (CERT) report for Leif Pedersen?
Certara reported that executive Leif E. Pedersen had RSUs and PSUs vest and settle into 33,167 shares of common stock, received an additional 14,510 shares as an award, and had 11,611 shares withheld for taxes, ending with 110,045 shares owned.
Did the Certara (CERT) insider Form 4 show any open-market stock sales?
The Form 4 for Certara executive Leif E. Pedersen shows no open-market sales. Dispositions were coded F, meaning 11,611 shares were withheld at $5.70 per share solely to cover tax obligations on vested RSUs and PSUs.
What equity awards vested for Certara (CERT) executive Leif Pedersen on April 1, 2026?
Performance stock units granted on April 1, 2023 vested after a three-year performance period ending December 31, 2025. In addition, RSUs granted in 2023, 2024, and 2025 had portions vest and settle into Certara common stock on April 1, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
