Schrodinger, Inc. 8-K

What Happened

• Schrödinger, Inc. filed an 8-K (dated March 12, 2026) announcing that on March 8, 2026 the Board designated Therese Abrams as the company's principal accounting officer, effective immediately.
• Jenny Herman transitioned out of the combined Chief Accounting Officer/principal accounting officer role on March 6, 2026 and will remain employed through April 10, 2026 to support the handover.

Key Details

• New principal accounting officer: Therese Abrams, age 42; a CPA with a B.S. in Accounting from Oregon State University.
• Ms. Abrams’ company tenure and roles: Vice President, Corporate Controller since July 2025; prior roles include VP, Finance; Executive Director, Finance; Senior Director of Revenue Operations; Director of Revenue; and Revenue Manager (with the company since 2013).
• Prior experience: Revenue Manager at Jive Software, Senior Financial Analyst at EVRAZ North America, and Senior Associate at KPMG.
• Indemnification: Ms. Abrams entered the company’s standard indemnification agreement (previously filed as Exhibit 10.21 to the company’s S-1). No other compensation changes were made in connection with this designation.
• Related-party and arrangements: Ms. Abrams has no family relationship with company officers or directors and no reportable related-party transactions or special arrangements regarding her designation.

Why It Matters

• This filing documents a leadership change in the company’s accounting function: the person responsible for overseeing accounting and helping certify financial reports has been formally designated. That can affect who signs or supports internal controls and financial disclosures.
• The company has a short transition period (through April 10, 2026) with the prior CAO remaining employed to help ensure continuity. No new compensation or special arrangements were disclosed, which suggests a standard internal reorganization rather than a broader compensation change.