Certara (CERT) chair exercises 15,757 RSUs and receives 33,222-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Certara, Inc. director and chairman James E. Cashman III reported routine equity compensation activity. He exercised 15,757 restricted stock units (RSUs) into common stock on May 14, 2026, tied to awards granted under the 2020 Incentive Plan and scheduled to vest at the issuer's annual meeting.
On the same date, he received a new grant of 33,222 RSUs under the same plan, each representing a right to one share of common stock that will vest on the earlier of one year from grant or the next annual meeting. Following these transactions, he directly holds 484,197 shares of common stock and 33,222 RSUs, with no open‑market purchases or sales disclosed in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,757 shares exercised/converted
Mixed
3 txns
Insider
CASHMAN JAMES E III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,757 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 33,222 | $0.00 | -- |
| Exercise | Common Stock | 15,757 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 484,197 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") was granted on May 21, 2025, under the Certara, Inc. 2020 Incentive Plan ("2020 Incentive Plan") entitling the reporting person to receive one share of the issuer's common stock per RSU. The RSUs vested and were converted to common stock on May 14, 2026, the day of the issuer's annual meeting. Each RSU was granted on May 14, 2026, under the 2020 Incentive Plan that entitles the reporting person to receive one share of issuer's common stock per RSU. The RSUs vest on the earlier of the one-year anniversary of the date of grant or the date of the issuer's next annual meeting.
Key Figures
RSUs exercised: 15,757 units
New RSU grant: 33,222 units
Common shares held: 484,197 shares
+2 more
5 metrics
RSUs exercised
15,757 units
Converted to common stock on May 14, 2026
New RSU grant
33,222 units
Granted May 14, 2026 under 2020 Incentive Plan
Common shares held
484,197 shares
Direct holdings after transactions
RSUs outstanding
33,222 units
RSUs held after new grant
Exercise transactions
15,757 shares
ExerciseShares in transaction summary
Key Terms
Restricted Stock Units, 2020 Incentive Plan, annual meeting, grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"The RSUs vested and were converted to common stock on May 14, 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.
2020 Incentive Plan financial
"Each restricted stock unit was granted under the Certara, Inc. 2020 Incentive Plan"
annual meeting financial
"The RSUs vested and were converted to common stock on May 14, 2026, the day of the issuer's annual meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
grant, award, or other acquisition financial
"Transaction code description: Grant, award, or other acquisition"
