---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-005306"
form_type: "8-K"
ticker: "CERT"
cik: "0001827090"
company_name: "Certara, Inc."
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T08:19:09.179481+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Certara modifies 2022 PSU targets; caps maximum payout at 100% for 2023-2024

## Summary
- Compensation Committee modified 2022 PSU award agreements for all participants including CEO, CFO, and NEOs.
- For fiscal 2023-2024, target revenue/FCF growth remains 20% if acquisition contributes >5% growth; otherwise reverts to 15%.
- Maximum Weighted Percentage for entire performance period capped at 100%, eliminating above-target payout.
- Change intended to align performance goals with expected growth rates and provide flexibility for future acquisitions.

## SEC filing metadata
- accession: 0001558370-23-005306
- form_type: 8-K
- ticker: CERT
- cik: 0001827090
- company_name: Certara, Inc.
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1827090/000155837023005306/0001558370-23-005306-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1827090/000155837023005306/cert-20230329x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-005306
- JSON: https://secwatch.observer/filing/0001558370-23-005306.json
- Plain text: https://secwatch.observer/filing/0001558370-23-005306.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.