Tran Yvonne 4

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.