Tran Yvonne 4
4 · Schrodinger, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Schrodinger (SDGR) EVP Yvonne Tran Sells 1,094 Shares
What Happened
Yvonne Tran, EVP, CLO & CPO of Schrodinger, sold 1,094 shares of Schrodinger common stock in an open-market, broker-assisted transaction on March 5, 2026. The weighted-average sale price was $12.89, producing proceeds of approximately $14,107. This sale was effected to satisfy tax withholding on vested restricted stock units (RSUs) and was part of an automatic 10b5-1 selling plan, not a discretionary trade.
Key Details
- Transaction date: 2026-03-05 (filed on 2026-03-06; appears timely).
- Shares sold: 1,094; weighted-average price reported $12.89 (range $12.75–$13.01).
- Proceeds: ~$14,107.
- Shares owned after transaction: the filing does not state a total common stock balance; it does note 42,191 unvested RSUs.
- Notable footnotes: (F1) Sale executed under a durable 10b5-1 automatic sale instruction (adopted March 8, 2023) to cover RSU tax withholding; (F2) weighted-average price with multiple execution prices — issuer/SEC can request per-price breakdown; (F3) includes 42,191 unvested RSUs.
- Filing timeliness: Reported the next day (filed 2026-03-06), so no late-filing indication in this Form 4.
Context
This was a tax-withholding sale tied to RSU vesting, a routine administrative transaction rather than an expression of buy/sell sentiment. Such broker-assisted sales under 10b5-1 plans are common for covering withholding obligations and do not necessarily reflect the insider's view of the company.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-03-05$12.89/sh−1,094$14,107→ 52,683 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 $12.75 to $13.01, 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 42,191 unvested RSUs.