Certara, Inc.·4

May 15, 4:26 PM ET

Killefer Nancy 4

Research Summary

AI-generated summary

Updated

Certara Director Nancy Killefer Receives RSU Award; 15,757 Converted

What Happened

  • Nancy Killefer, a director of Certara, had 15,757 restricted stock units (RSUs) vest and convert into common shares on May 14, 2026 (reported as an exercise/conversion, code M). Those units show as acquired at $0.00. The filing also shows the related derivative position as disposed (code M) which reflects conversion of the RSU derivative into shares rather than a cash sale.
  • On the same date she was granted 33,222 new RSUs (code A) at $0.00 under the Certara, Inc. 2020 Incentive Plan. No cash purchase or open‑market sale is reported.

Key Details

  • Transaction dates/prices: May 14, 2026; conversions/grants reported at $0.00 per share (no cash paid or received).
  • Shares reported: 15,757 RSUs vested/converted to common stock; 33,222 RSUs newly granted as RSUs (future vesting).
  • Shares owned after transaction: the filing does not state total common shares held by Killefer after these events.
  • Footnotes: F1 — the 15,757 RSUs were granted May 21, 2025 and vested/converted on May 14, 2026 (issuer annual meeting). F2 — the 33,222 RSUs were granted May 14, 2026 and vest the earlier of one year after grant or the next annual meeting.
  • Timeliness: Reported on May 15, 2026 for transactions dated May 14, 2026 (filed timely).

Context

  • These entries are RSU vesting/conversion and a new RSU grant — not open‑market purchases or sales. The “disposed” derivative entry reflects conversion of the RSU instrument into shares, not a market sale for cash.
  • RSU grants and vesting are common director compensation; new grants indicate future compensation tied to continued service and/or performance, while vested RSUs convert to ordinary shares available to the insider.