Herman Jenny 4
4 · Schrodinger, Inc. · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Schrodinger (SDGR) CAO Jenny Herman Sells 752 Shares
What Happened
Jenny Herman, Chief Accounting Officer of Schrodinger, sold 752 shares of SDGR stock on February 10, 2026. The shares were disposed in a broker-assisted sale under a durable 10b5-1 plan, generating about $10,370 in proceeds (weighted average price $13.79; trades ranged $13.71–$13.85). This was a sale to satisfy withholding tax from RSU vesting and was not a discretionary trade by the reporting person.
Key Details
- Transaction date: 2026-02-10; Form 4 filed 2026-02-12 (timely — within the usual two-business-day window).
- Transaction type: Sale (S); 752 shares sold for total proceeds of $10,370. Weighted average price $13.79; per-share prices ranged $13.71–$13.85.
- Footnotes: Sale executed under a 10b5-1 plan adopted Mar 11, 2023 (broker-assisted to cover tax withholding). Reporting person will provide breakdown of number of shares sold at each price upon request.
- Holdings note: Filing discloses 17,285 unvested RSUs (per footnote). The sale relates to tax withholding on RSU vesting, not a new sale of vested holdings.
Context
Sales executed solely to cover tax withholding on vested awards are routine and non-discretionary; they generally provide less insight into an insider’s view of the company than outright purchases. The transaction size here (~$10K) is small relative to typical insider trades.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-02-10$13.79/sh−752$10,370→ 26,597 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 11, 2023, and 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 $13.71 to $13.85, 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 17,285 unvested RSUs.