GINSBERG GARY L 4
Research Summary
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Schrodinger (SDGR) Director Gary Ginsberg Receives Stock Awards
What Happened Gary L. Ginsberg, a director of Schrodinger, Inc. (SDGR), received equity awards on June 22, 2026: 8,141 restricted stock units (RSUs) and a 13,313-share derivative option award. Both grants were reported at $0.00 (awards, not purchases) and thus had a reported acquisition value of $0. The RSUs each represent a contingent right to one share; the derivative award is an option-style grant.
Key Details
- Transaction date: June 22, 2026; Form 4 filed June 23, 2026 (timely filing).
- Awards: 8,141 unvested RSUs (F1, F2) and a 13,313-share derivative/option award (F3).
- Price/value: $0.00 per share reported; acquisition value $0 for both entries (compensation grant).
- Vesting: Each award vests on the 12-month anniversary of the grant (or, if earlier, at the next annual meeting), subject to continued service.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 describes RSUs as one-share contingent rights; F2 confirms 8,141 unvested RSUs; F3 confirms the derivative award is an option granted under the 2022 Equity Incentive Plan.
Context These are compensatory equity grants to a director (not open-market purchases or sales). Such awards are common as retention/compensation and only convert to actual shares if vesting conditions are met (continued service). Because these were grant events (code A), they are informational about company compensation rather than a direct bullish or bearish trading signal.