Chodakewitz Jeffrey 4

What Happened
Jeffrey Chodakewitz, a director of Schrodinger, Inc. (SDGR), received equity awards on June 22, 2026: 8,141 restricted stock units (RSUs) and 13,313 derivative awards (reported as a derivative grant). Both grants show an acquisition price of $0.00 (i.e., they were awards/compensation rather than purchases). Combined, the awards cover 21,454 share-equivalents. These awards vest on the 12‑month anniversary of the grant (or earlier at the next annual meeting), subject to continued service.

Key Details

• Transaction date: June 22, 2026; Form 4 filed June 23, 2026 (filed next day).
• Grants: 8,141 RSUs (unvested) and 13,313 derivative awards; acquisition price $0.00.
• Vesting: Generally vests 12 months after grant (or earlier at next annual meeting), subject to continued service. RSU settlement is deferred until the earlier of (i) 30 days after separation from service or (ii) certain change-in-control events.
• Shares owned after transaction: Not stated in the provided filing excerpt.
• Footnotes: F1 explains RSUs (each RSU = contingent right to one share); F2 confirms 8,141 unvested RSUs; F3 describes the derivative/option vesting terms.
• Filing timeliness: Reported the day after the grant (appears timely).

Context
These were compensation awards to a director (not open‑market purchases or sales). Such grants are common for director compensation and do not by themselves indicate buying or selling sentiment. The derivative award is not an immediate exercise—vesting and settlement conditions apply before any shares are delivered.