Form 4: Cynthia Collins Reports Changes in Certara, Inc. Beneficial Ownership

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

• On May 21, 2024, Cynthia Collins, a director of Certara, Inc., had 8,663 restricted stock units (RSUs) vest and convert into common stock.
• These RSUs were initially granted on May 23, 2023, under Certara's 2020 Incentive Plan.
• Also on May 21, 2024, Collins was granted 11,928 additional RSUs, 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 beneficially owns 24,161 shares of common stock and 11,928 RSUs.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard compensation practices; it doesn't 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 related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The vesting of RSUs and grant of new RSUs may have a minor dilutive effect on existing shareholders.

Key Dates