Farid Ramy 4
4 · Schrodinger, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Schrodinger (SDGR) CEO Farid Ramy Sells 3,661 Shares
What Happened
- Farid Ramy, President & CEO and Director of Schrodinger, sold 3,661 shares on March 5, 2026. The weighted-average sale price was $12.91 per share for total proceeds of $47,249. The sale is reported as code "S" (sale).
- Per the filing, this transaction was effected under a durable Rule 10b5-1 automatic sale instruction and was a broker-assisted sale to satisfy withholding tax on vested restricted stock units (RSUs). The reporting person did not make a discretionary trade.
Key Details
- Transaction date: 2026-03-05; Form 4 filed: 2026-03-06 (timely).
- Price: weighted average $12.91; individual trade prices ranged from $12.73 to $13.00 (report offers to provide per-price breakdown on request).
- Shares sold: 3,661; proceeds: $47,249.
- Holdings note: filing indicates holdings include 132,634 unvested RSUs.
- Footnotes: F1 confirms the sale was under a 10b5-1 plan and for tax withholding; F2 explains the weighted-average price/range; F3 notes the unvested RSU count.
- Filing timeliness: reported the next day (not late under Section 16 reporting rules).
Context
- This was a routine, non-discretionary sale to cover tax obligations when RSUs vested—not an open-market purchase that might be interpreted as a bullish signal. Such withholding sales are common and do not necessarily indicate the insider’s view on company prospects.
Insider Transaction Report
Form 4
Farid Ramy
DirectorPresident & CEO
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-03-05$12.91/sh−3,661$47,249→ 330,824 total
Footnotes (3)
- [F1]This sale was effected pursuant to a durable automatic sale instruction under Rule 10b5-1 adopted by the reporting person on March 8, 2023, represents a broker-assisted sale of shares to satisfy the payment of withholding tax liability incurred upon the vesting of restricted stock units ("RSUs"). The sale does not represent a discretionary trade by the reporting person.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.73 to $13.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) of this Form 4.
- [F3]Includes 132,634 unvested RSUs.
Signature
/s/ Donald Shum, as attorney-in-fact for Ramy Farid|2026-03-06