Certara, Inc.·4

Jun 2, 5:14 PM ET

Corcoran Daniel 4

4 · Certara, Inc. · Filed Jun 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Certara (CERT) SVP Daniel Corcoran Receives RSUs; Shares Withheld

What Happened

  • Daniel Corcoran, Senior Vice President and General Counsel of Certara, had restricted stock units (RSUs) vest and convert into common shares on June 1, 2026. A total of 22,830 shares were issued to him at $0.00 per share (conversion of RSUs). To satisfy tax withholding, 12,103 shares were withheld and surrendered at $5.82 per share for a cash value of $70,439 (reported as dispositions totaling $24,502 and $45,937). The RSU conversion/settlement entries are reported as derivative conversions (code M) and the withholding as tax payment (code F).

Key Details

  • Transaction date: June 1, 2026.
  • Acquired: 22,830 shares upon RSU settlement (reported at $0.00 per share).
  • Withheld/Disposed for taxes: 12,103 shares at $5.82 each, total ~$70,439.
  • Footnotes: RSUs were granted June 1, 2024 under the 2020 Incentive Plan. Footnote F1 describes a 3‑year staggered vesting (one‑third vested/settled prior and on June 1, 2026; remainder in 2027). Footnote F3 describes a grant with a two‑part vesting (half vested May 31, 2025; half vested June 1, 2026). Withholding is exempt under Rule 16b‑3 (F2).
  • Shares owned after transaction: Not specified in the provided filing.
  • Filing timeliness: Report filed June 2, 2026 for a June 1, 2026 event — appears timely.

Context

  • This was a scheduled RSU vest/settlement, not an open‑market purchase or voluntary sale. The withholding of shares to cover taxes is a routine cashless settlement method and does not necessarily signal a change in insider sentiment. The derivative codes reflect conversion/settlement of RSUs rather than option exercises for cash.

Insider Transaction Report

Form 4
Period: 2026-06-01
Corcoran Daniel
SVP and General Counsel
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-01+7,94129,260 total
  • Tax Payment

    Common Stock

    [F2]
    2026-06-01$5.82/sh4,210$24,50225,050 total
  • Exercise/Conversion

    Common Stock

    [F3]
    2026-06-01+14,88939,939 total
  • Tax Payment

    Common Stock

    [F2]
    2026-06-01$5.82/sh7,893$45,93732,046 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-06-017,9417,941 total
    Exp: 2027-06-01Common Stock (7,941 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3]
    2026-06-0114,8890 total
    Exp: 2026-06-01Common Stock (14,889 underlying)
Footnotes (3)
  • [F1]Each restricted stock unit ("RSU") was granted on June 1, 2024, under the Certara, Inc. 2020 Incentive Plan (the "2020 Incentive Plan") and represents the right to receive one share of common stock or the cash equivalent. One-third of the RSUs vested and were settled on May 30, 2025. One-third of the RSUs vested and were settled on June 1, 2026. The remaining one-third of the RSUs will vest and settle on June 1, 2027.
  • [F2]Represents shares of Certara, Inc. withheld to satisfy tax withholding obligations in connection with the vesting of the RSUs, exempt under Rule 16b-3.
  • [F3]Each RSU was granted on June 1, 2024, under the 2020 Incentive Plan and represents the right to receive one share of common stock or the cash equivalent. One-half of the RSUs vested and were settled on May 31, 2025, and the remaining one-half vested and were settled on June 1, 2026.
Signature
/s/ Daniel Corcoran|2026-06-02

Documents

1 file
  • 4
    form4-06022026_090642.xmlPrimary