Sender Gary 4

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.