Form 4: Certara Director Rosemary Crane Reports Stock Transactions
SEC Form 4 Filing
Director Rosemary Crane reports the vesting and conversion of restricted stock units (RSUs) into common stock, as well as the grant of additional RSUs.
Summary
- Rosemary Crane, a director of Certara, Inc., reported transactions involving the company's stock.
- On May 21, 2024, 8,663 restricted stock units (RSUs) vested and were converted into common stock.
- Also on May 21, 2024, Crane was granted 11,928 additional RSUs.
- Following these transactions, Crane directly owns 11,928 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, and does not inherently convey 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 of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company directors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| May 23, 2023 | Date when the initial 8,663 RSUs were granted under Certara, Inc.'s 2020 Incentive Plan. |
| May 21, 2024 | Date of the issuer's annual meeting, vesting and conversion of 8,663 RSUs to common stock, and grant of 11,928 new RSUs. |
| May 23, 2024 | Date of signature on the Form 4 filing. |
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