Abel Robert Lorne 4
4 · Schrodinger, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Schrodinger (SDGR) EVP Robert Abel Sells 1,300 Shares
What Happened
Robert L. Abel, EVP & Chief Scientific Officer, Platform at Schrodinger (SDGR), sold 1,300 shares in an open-market/broker-assisted transaction on March 4, 2026. The shares were sold at $12.81 per share for a total of $16,653. This was a sale (not a purchase) and was executed under a pre-established 10b5-1 plan to satisfy tax withholding on vested RSUs.
Key Details
- Transaction date and price: 2026-03-04, 1,300 shares at $12.81 each (total $16,653).
- Transaction type: S (Sale); executed under a Rule 10b5-1 trading plan (Footnote F1).
- Reason given: Broker-assisted sale to satisfy withholding tax liability upon RSU vesting; not a discretionary trade (F1).
- Holdings note: Filing indicates there are 49,824 unvested RSUs included in the reporting person's holdings (F2). The Form 4 did not provide a complete total of shares owned after the sale.
- Filing date and timeliness: Form filed 2026-03-06 for a 2026-03-04 transaction — appears timely (within the Form 4 two-business-day rule).
Context
Sales under 10b5-1 plans, especially broker-assisted sales to cover tax withholding on vested restricted stock units, are commonly routine and do not necessarily signal a change in the insider’s view of the company. This filing is factual disclosure of that routine tax-related sale.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-04$12.81/sh−1,300$16,653→ 55,897 total
Footnotes (2)
- [F1]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 25, 2025, 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]Includes 49,824 unvested RSUs.