Jain Rachit 4

What Happened
Rachit Jain (EVP & CFO) reported the sale of 1,631 shares of Schrodinger on March 5, 2026. The shares were disposed of in an open-market/broker-assisted transaction at a weighted average price of $12.90, producing proceeds of approximately $21,033. This was a sale (not a purchase) and was executed to satisfy tax withholding obligations on vested restricted stock units (RSUs).

Key Details

• Transaction date: 2026-03-05; filing date: 2026-03-06 (timely filing).
• Shares sold: 1,631; weighted average price reported: $12.90; execution prices ranged from $12.75 to $12.98.
• Purpose / footnote: Sale effected under a durable Rule 10b5-1 automatic sale instruction adopted March 3, 2024; broker-assisted sale to cover withholding tax on RSU vesting — not a discretionary trade.
• Ownership reported: filing notes 47,997 unvested RSUs; the summary provided does not specify total beneficially owned shares after the sale.
• Transaction code: S = Sale. No indication this was a late filing.

Context
This was a routine, non-discretionary sale to cover tax withholding on vested RSUs under a pre-established 10b5-1 plan. Such tax-withholding sales are common and generally less informative about an insider’s view of company prospects than voluntary open-market purchases. The proceeds (~$21k) are relatively small relative to typical insider trades.