Farid Ramy 4

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.