Pedersen Leif E 4
4 · Certara, Inc. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Certara (CERT) President Leif Pedersen Receives Award
What Happened
- Leif E. Pedersen, President and Chief Commercial Officer of Certara, recorded derivative awards on May 11, 2026: three grants totaling 253,533 units (68,348 + 74,074 + 111,111). All were recorded at $0.00 per unit (derivative awards), and the filing also shows a disposition to the issuer of 68,348 shares with $0 proceeds. The disposition to the issuer is commonly a share surrender to satisfy tax withholding on awards; the filing’s footnotes describe two PSU awards and one RSU award.
Key Details
- Transaction date: May 11, 2026; filing date: May 13, 2026 (timely).
- Prices/values reported: $0.00 per unit for all entries (derivative awards); disposition showed $0 proceeds.
- Awards breakdown and footnotes:
- 68,348 units (footnote F1 — PSU originally granted May 20, 2025).
- 74,074 RSUs (footnote F2 — RSUs granted May 11, 2026; vest in three equal installments on 4/1/2027, 4/1/2028, 4/1/2029).
- 111,111 PSUs (footnote F3 — PSUs granted May 11, 2026; performance-based payout 0%–200% based on TSR through 3/31/2029).
- Shares owned after the transactions: not specified in the provided filing excerpts.
- No indication in the filing of a 10b5-1 plan or other sale plan; disposition likely tax withholding (documented as a disposition to issuer).
Context
- RSUs are restricted stock units that convert to shares (or cash) when they vest; PSUs are performance stock units that pay out a number of shares between 0% and 200% of target depending on performance metrics and time horizons noted in the footnotes.
- These entries are awards/grants (not open-market purchases or sales) and are part of compensation; such grants do not by themselves indicate the insider’s buying or selling sentiment.
Insider Transaction Report
Form 4
Certara, Inc.CERT
Pedersen Leif E
PRESIDENT, CHIEF COMMERCAL OFF
Transactions
- Disposition to Issuer
Performance Stock Units
[F1]2026-05-11−68,348→ 0 total→ Common Stock (68,348 underlying) - Award
Performance Stock Units
[F1]2026-05-11+68,348→ 68,348 total→ Common Stock (68,348 underlying) - Award
Restricted Stock Units
[F2]2026-05-11+74,074→ 74,074 totalExp: 2029-04-01→ Common Stock (74,074 underlying) - Award
Performance Stock Units
[F3]2026-05-11+111,111→ 111,111 total→ Common Stock (111,111 underlying)
Footnotes (3)
- [F1]Each Certara, Inc. ("Company") performance stock unit ("PSU") was granted on May 20, 2025, pursuant to the terms of the 2025 Long-Term Incentive Plan for Company executives approved by the Compensation Committee of the Company's Board of Directors, under the Certara 2020 Incentive Plan (the "2020 Incentive Plan"). Each PSU represents a conditional right to receive one share of Company common stock. The reporting person will be entitled to receive a number of shares between 0% and 200% of the target amount reported based on the Company's performance against certain total shareholder return thresholds through the period ending on March 31, 2028.
- [F2]Each restricted stock unit ("RSU") was granted on May 11, 2026, under the 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent. The RSUs will vest and settle in three equal installments on April 1, 2027, April 1, 2028, and April 1, 2029.
- [F3]Each Company PSU was granted on May 11, 2026, pursuant to the terms of the 2026 Long-Term Incentive Plan for Company executives approved by the Compensation Committee of the Company's Board of Directors, under the 2020 Incentive Plan. Each PSU represents a conditional right to receive one share of Company common stock. The reporting person will be entitled to receive a number of shares between 0% and 200% of the target amount reported based on the Company's performance against certain total shareholder return thresholds through the period ending on March 31, 2029.
Signature
/s/ Daniel D. Corcoran, as Attorney--in-Fact for Leif E. Pedersen|2026-05-13