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Certara, Inc.·4

Apr 3, 4:11 PM ET

Pedersen Leif E 4

4 · Certara, Inc. · Filed Apr 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Certara (CERT) President Leif Pedersen Receives Awards, Sells Shares for Taxes

What Happened

  • Leif E. Pedersen, President & Chief Commercial Officer of Certara, had a package of performance stock units (PSUs) and restricted stock units (RSUs) vest/settle on April 1, 2026. The filing shows gross issuance/acquisition of 47,677 shares (multiple A and M transaction codes at $0.00). To satisfy tax-withholding obligations, 11,611 shares were withheld/disposed at $5.70 per share, totaling $66,182. Net shares retained from the vesting = 36,066 shares.
  • These transactions are equity award settlements and conversions (codes A and M) with accompanying tax-withholding disposals (code F). They reflect routine compensation vesting and tax-related share withholding rather than open-market selling for investment reasons.

Key Details

  • Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (timely filing).
  • Prices shown: acquired/settled shares reported at $0.00 (award/settlement); withheld/disposed shares at $5.70 per share.
  • Withheld shares/value: 11,611 shares withheld to cover taxes; total withholding value reported $66,182.
  • Net shares added to insider’s position: 36,066 shares (47,677 gross acquired − 11,611 withheld).
  • Footnotes: PSUs were granted 4/1/2023 and vested/performance measured through 2025 (settled 4/1/2026). Multiple RSU grants (4/1/2023, 4/1/2024, 5/20/2025) had various tranche vesting; the filing notes share withholding to satisfy tax obligations (exempt under Rule 16b-3).
  • Shares owned after transaction: not disclosed in the excerpt provided.

Context

  • These transactions are best read as compensation vesting and tax-withholding activity (A/M = awards/exercise or conversion; F = shares withheld to pay tax). Withheld shares are not open-market sales by the insider and are routine—generally not interpreted as a signal about insider sentiment.
  • For investors watching insider activity, purchases are typically more informative than routine vesting + withholding events.

Insider Transaction Report

Form 4
Period: 2026-04-01
Certara, Inc.CERT
Pedersen Leif E
PRESIDENT, CHIEF COMMERCAL OFF
Transactions
  • Award

    Common Stock

    [F1]
    2026-04-01+14,510→ 88,489 total
  • Tax Payment

    Common Stock

    [F2][F1]
    2026-04-01$5.70/sh−3,534$20,144→ 84,955 total
  • Exercise/Conversion

    Common Stock

    [F3]
    2026-04-01+7,852→ 92,807 total
  • Tax Payment

    Common Stock

    [F2][F3]
    2026-04-01$5.70/sh−1,912$10,898→ 90,895 total
  • Exercise/Conversion

    Common Stock

    [F4]
    2026-04-01+10,127→ 101,022 total
  • Tax Payment

    Common Stock

    [F2][F4]
    2026-04-01$5.70/sh−2,466$14,056→ 98,556 total
  • Exercise/Conversion

    Common Stock

    [F5]
    2026-04-01+15,188→ 113,744 total
  • Tax Payment

    Common Stock

    [F2][F5]
    2026-04-01$5.70/sh−3,699$21,084→ 110,045 total
  • Exercise/Conversion

    Restricted Stock Units

    [F3]
    2026-04-01−7,852→ 0 total
    Exp: 2026-04-01→ Common Stock (7,852 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F4]
    2026-04-01−10,127→ 10,127 total
    Exp: 2027-04-01→ Common Stock (10,127 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F5]
    2026-04-01−15,188→ 30,378 total
    Exp: 2028-04-01→ Common Stock (15,188 underlying)
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.
Signature
/s/ Daniel Corcoran, as Attorney-in-Fact for Leif E. Pedersen|2026-04-03

Documents

1 file
  • 4
    form4-04032026_080450.xmlPrimary