Certara grants 63,532 RSUs to interim CFO Faiz
Interim CFO Mohammed Faiz received a 63,532-unit equity award that vests in two annual installments tied to continued service.
Rhea-AI Filing Summary
Certara, Inc. (symbol: CERT) is the issuer of record for a Form 4 filing submitted to the SEC. Mohammed Faiz reported acquisition or exercise transactions in this Form 4 filing.
Certara, Inc. (CERT) reported that its Interim CFO Mohammed Faiz received a grant of 63,532 Restricted Stock Units on September 1, 2026 under the Certara 2020 Incentive Plan. Each RSU represents a contingent right to one share of common stock or cash. The RSUs vest 50% on July 15, 2027 and 50% on July 15, 2028, subject to continued service, and Faiz now directly holds 63,532 RSUs.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 63,532 shares
Grant/Award
1 txn
Insider
Mohammed Faiz
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 63,532 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 63,532 contracts (Direct)
Footnotes (1)
- F1. Each restricted stock unit ("RSU") was granted on September 1, 2026, under the Certara, Inc. ("Certara") 2020 Incentive Plan and represents a contingent right to receive one share of Certara common stock (or the cash equivalent thereof). The RSUs vest in two equal installments, with 50% of the award vesting on July 15, 2027, and the remaining 50% vesting on July 15, 2028, subject to the reporting person's continued service through each applicable vesting date.
Key Figures
RSUs granted: 63,532 units
Vesting on July 15, 2027: 31,766 units
Vesting on July 15, 2028: 31,766 units
+4 more
7 metrics
RSUs granted
63,532 units
Restricted Stock Units granted to Interim CFO on September 1, 2026
Vesting on July 15, 2027
31,766 units
50% of the RSU award vests on July 15, 2027, subject to continued service
Vesting on July 15, 2028
31,766 units
Remaining 50% of the RSU award vests on July 15, 2028, subject to continued service
Shares underlying RSUs
63,532 shares
Each RSU represents a contingent right to receive one share of common stock or cash
Exercise or expiration date
July 15, 2028
Reported expiration date for the RSU award
Price per RSU
$0.00
Equity award granted without cash consideration to the reporting person
Holdings after transaction
63,532 units
Total Restricted Stock Units directly owned by Interim CFO after the grant
Key Terms
Restricted Stock Units, contingent right, 2020 Incentive Plan, vesting
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") was granted on September 1, 2026"
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.
contingent right financial
"represents a contingent right to receive one share of Certara common stock"
2020 Incentive Plan financial
"granted on September 1, 2026, under the Certara, Inc. ("Certara") 2020 Incentive Plan"
vesting financial
"The RSUs vest in two equal installments, with 50% of the award vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Certara (CERT) report for Interim CFO Mohammed Faiz?
Certara reported that Interim CFO Mohammed Faiz received a grant of 63,532 Restricted Stock Units on September 1, 2026 as an equity award under the company’s 2020 Incentive Plan.
How many Certara (CERT) RSUs did Mohammed Faiz receive in this Form 4 filing?
Mohammed Faiz received 63,532 Restricted Stock Units, each representing a contingent right to receive one share of Certara common stock or the cash equivalent.
What are the vesting terms of the 63,532 RSUs reported for CERT’s Interim CFO?
The 63,532 RSUs vest in two equal installments: 50% on July 15, 2027 and the remaining 50% on July 15, 2028, subject to Mohammed Faiz’s continued service through each vesting date.
What does each RSU granted to Certara (CERT) Interim CFO represent?
Each RSU granted to Mohammed Faiz represents a contingent right to receive one share of Certara common stock or the cash equivalent, in accordance with the terms of the 2020 Incentive Plan.
How many Certara (CERT) RSUs does Interim CFO Mohammed Faiz hold after this transaction?
Following this grant, Interim CFO Mohammed Faiz directly holds 63,532 Restricted Stock Units as reported in the Form 4 filing.
Was the Certara (CERT) RSU grant to the Interim CFO made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and the filing does not state that this RSU grant was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.