Collins Cynthia 4

What Happened

• Cynthia Collins, a director of Certara, had 15,757 restricted stock units (RSUs) vest and convert into 15,757 shares of Certara common stock on May 14, 2026. The Form 4 reports the conversion/exercise of a derivative (transaction code M) with an acquisition price of $0.00 and a corresponding derivative disposition also reported at $0.00 — the reported dollar value of these entries is $0.
• This was not a sale or market purchase; it was the routine vesting/conversion of previously granted RSUs into common shares.

Key Details

• Transaction date: 2026-05-14 (reported on Form 4 filed 2026-05-15). Filing appears timely.
• Reported shares converted/received: 15,757; reported price: $0.00; reported cash value: $0.
• Footnote: RSUs were granted May 21, 2025 under the Certara, Inc. 2020 Incentive Plan and vested/converted to common stock on May 14, 2026 (the issuer's annual meeting).
• Shares owned after the transaction: not specified in the provided Form 4 summary.
• Transaction codes: M = exercise/conversion of derivative; entries show both acquisition (conversion to common stock) and disposition of the derivative instrument.

Context

• This is a vesting/conversion of RSUs (an award becoming actual shares), not a purchase that signals additional insider buying, nor a sale that would signal insider cashing out. Such conversions are common when equity awards reach their vesting date and generally reflect compensation realization rather than trading intent.