Sender Gary 4
4 · Schrodinger, Inc. · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
Schrodinger (SDGR) Director Gary Receives RSU and Option Awards
What Happened
- Schrodinger director Gary received equity awards on June 22, 2026: 8,141 restricted stock units (RSUs) granted at $0.00 and a 13,313-share derivative award (an option-style award) also granted at $0.00. The filing shows no cash paid for these awards (total reported value $0).
- Both awards are subject to a vesting schedule: they vest on the 12‑month anniversary of the grant (or, if earlier, at the next annual meeting), contingent on continued service.
Key Details
- Transaction date: June 22, 2026; filing date: June 23, 2026 (timely).
- Price: $0.00 per award; reported acquisition amounts: 8,141 (RSUs) and 13,313 (derivative/option).
- Total shares granted: 21,454 (sum of both awards).
- Shares owned after transaction: not disclosed in this Form 4.
- Footnotes: F1 — RSUs granted under the 2022 Equity Incentive Plan, each RSU converts to one share upon vesting. F2 — confirms 8,141 unvested RSUs. F3 — the 13,313 award is an option granted under the same plan with the same vesting schedule.
- No 10b5-1 plan, tax-withholding, or late-filing flags are indicated.
Context
- RSUs are a compensation grant that entitles the holder to receive common shares upon vesting; they are not an open‑market purchase and do not result in immediate share ownership until vested/delivered.
- The 13,313-share derivative appears to be an option-style award that will require vesting (and possibly exercise) before yielding shares.
- These awards are routine director/executive compensation and should be viewed as grants for service rather than an immediate bullish purchase signal.
Insider Transaction Report
Form 4
Sender Gary
Director
Transactions
- Award
Common Stock
[F1][F2]2026-06-22+8,141→ 25,388 total - Award
Stock Option (right to buy)
[F3]2026-06-22+13,313→ 13,313 totalExercise: $15.23Exp: 2036-06-22→ Common Stock (13,313 underlying)
Footnotes (3)
- [F1]Grant of restricted stock units ("RSUs") under the Issuer's 2022 Equity Incentive Plan, as amended. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs were granted on June 22, 2026 and shall vest on the twelve-month anniversary of the date of grant of the award (or, if earlier, the date of the next annual meeting of stockholders following the date of grant of the award), subject to continued service.
- [F2]Includes 8,141 unvested RSUs.
- [F3]The option was granted on June 22, 2026 under the Issuer's 2022 Equity Incentive Plan, as amended. The award shall vest on the twelve-month anniversary of the date of grant of the award (or, if earlier, the date of the next annual meeting of stockholders following the date of grant of the award), subject to continued service.
Signature
/s/ Donald Shum, as attorney-in-fact for Gary Sender|2026-06-23