Certara, Inc.·4

May 15, 4:27 PM ET

CASHMAN JAMES E III 4

Research Summary

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Certara (CERT) Chairman James Cashman Receives RSU Award, Converts RSUs

What Happened
James E. Cashman III, Chairman and a director of Certara, converted/converted (exercise/conversion) 15,757 restricted stock units (RSUs) into common stock on May 14, 2026 (reported at $0.00 per share). The filing also reports a corresponding disposition of 15,757 derivative shares (reported at $0.00). Separately, Cashman was granted 33,222 RSUs on May 14, 2026 (reported as an award/other acquisition at $0.00). These transactions reflect equity compensation activity (vesting/conversion and a new RSU grant), not an open-market purchase or cash sale.

Key Details

  • Transaction date(s): May 14, 2026 (report filed May 15, 2026). Filing appears timely.
  • Converted/Acquired: 15,757 shares via exercise/conversion of derivative (code M) at $0.00.
  • Disposed: 15,757 derivative shares reported disposed at $0.00 (filing does not specify purpose).
  • Award/Grant: 33,222 RSUs granted (code A) at $0.00 on May 14, 2026.
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes:
    • F1: The 15,757 RSUs were originally granted May 21, 2025 and vested/converted on May 14, 2026 (the issuer’s annual meeting).
    • F2: The 33,222 RSUs were granted May 14, 2026 and vest on the earlier of the one‑year anniversary or the next annual meeting.

Context and plain-language notes:

  • Code explanations: M = exercise or conversion of a derivative (here, RSUs converting into shares); A = award/grant of RSUs.
  • These transactions are equity compensation actions (vesting/conversion and a new RSU award) rather than open-market buying or selling for investment. The filing reports a matching disposal of converted derivative shares at $0.00 but does not state the reason for that disposition.