Form 4: Certara Director Cynthia Collins Reports Stock Transactions
SEC Form 4 Filing
Director Cynthia Collins reports the vesting and conversion of restricted stock units into common stock, as well as the grant of additional restricted stock units.
Summary
- Cynthia Collins, a director of Certara, Inc., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On May 21, 2025, 11,928 restricted stock units (RSUs) vested and were converted into 11,928 shares of common stock.
- These RSUs were initially granted on May 21, 2024, under the company's 2020 Incentive Plan.
- Collins also received a grant of 15,757 new RSUs on May 21, 2025, which will vest on the earlier of one year from the grant date or the date of the next annual meeting.
- Following these transactions, Collins directly owns 36,089 shares of common stock and 15,757 RSUs.
- Daniel Corcoran, acting as Attorney-In-Fact, signed the report on behalf of Cynthia Collins.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The newly granted RSUs will vest on the earlier of the one-year anniversary of the grant date or the date of the issuer's next annual meeting.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- The vesting of RSUs and grant of new RSUs can incentivize the director to act in the best interests of the company and its shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/10/2025 | Date of Power of Attorney |
| 05/21/2024 | Initial grant date of 11,928 RSUs under the 2020 Incentive Plan |
| 05/21/2025 | Vesting and conversion of 11,928 RSUs to common stock; grant of 15,757 new RSUs |
| 05/22/2025 | Date of Form 4 signature |
Keywords
Form 4, Beneficial Ownership, Restricted Stock Units, Certara, Cynthia Collins, Director, Stock Transactions
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