Thornberry Nancy 4

What Happened

• Nancy Thornberry, a director of Schrodinger, received equity awards on June 22, 2026: 8,141 restricted stock units (RSUs) and a 13,313-share derivative award (total 21,454 shares). Both awards were reported as grants (code A) at a $0.00 acquisition price — i.e., she did not pay cash for these awards. This is an award/grant, not a purchase or sale.

Key Details

• Transaction date and price: June 22, 2026; price $0.00 for both grants.
• Total shares granted: 8,141 RSUs + 13,313 derivative award = 21,454 shares.
• Vesting/settlement: Footnotes state the RSUs (and the derivative award/option per footnote) vest on the 12‑month anniversary of grant (or sooner at the next annual meeting), subject to continued service. Settlement of the RSUs is deferred until the earlier of (i) 30 days after Thornberry’s separation from service or (ii) certain change‑in‑control events.
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Filing date 2026‑06‑23 for a 2026‑06‑22 report date — filing appears timely (no late‑filing flag indicated).

Context

• RSUs are a contingent right to receive company shares in the future and do not represent immediate share ownership until settled; derivative awards (footnote indicates an option) similarly vest over time. Awards are common forms of director compensation and do not by themselves indicate buying or selling sentiment.