CERT.NASDAQCertara, INC

Form 4: Certara Inc. Executive Robert Aspbury Reports Stock Transaction

Sentiment:

SEC Form 4 Filing

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Robert Aspbury, President of Scientific Software at Certara, Inc., reports the withholding of shares to cover tax obligations related to vested restricted stock units.

Summary

  • On July 1, 2024, Robert Aspbury, President of Scientific Software at Certara, Inc., had 862 shares of common stock withheld to cover tax obligations.
  • This transaction occurred due to the vesting and settlement of 1,832 Restricted Stock Units (RSUs) previously granted on July 1, 2021.
  • Following the transaction, Aspbury directly owns 289,314 shares of Certara, Inc. common stock.
  • Aspbury has granted power of attorney to Richard M. Traynor, Daniel Corcoran, John B. Hoffman, and Margaret A. Peter to handle SEC filings related to his Certara securities.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's performance.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It reflects standard compensation practices involving stock-based awards and tax obligations.

Key Dates

DateDescription
June 27, 2024Date of Power of Attorney grant by Rob Aspbury.
July 1, 2021Date of original grant of 1,832 Restricted Stock Units (RSUs).
July 1, 2024Date of stock transaction where 862 shares were withheld for tax obligations.
July 2, 2024Date of signature on the Form 4 filing.

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