Jain Rachit 4
4 · Schrodinger, Inc. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Schrodinger (SDGR) CFO Rachit Jain Sells 844 Shares
What Happened
Rachit Jain, EVP & Chief Financial Officer of Schrodinger, sold 844 shares (reported as a sale) on April 16, 2026. The weighted-average price was $12.75, resulting in proceeds of approximately $10,758. This was a sale (routine disposition) rather than a purchase.
Key Details
- Transaction date: 2026-04-16 (reported 2026-04-17; filing appears timely).
- Price: weighted average $12.75; shares sold across prices ranging $12.59–$12.82.
- Shares sold: 844; proceeds ≈ $10,758. (Reported as code “S” — sale.)
- Footnote: Sale was executed under a pre-existing Rule 10b5‑1 automated instruction (adopted Mar 3, 2024) as a broker-assisted sale to satisfy tax withholding on RSU vesting — not a discretionary trade.
- Beneficial ownership note: filing also discloses 45,497 unvested RSUs (per footnote).
Context
This was a tax-withholding sale tied to RSU vesting and executed under a 10b5‑1 plan, which is a common, pre-set mechanism insiders use to sell shares for taxes and is not generally read as a signal about the insider’s view of the company.
Insider Transaction Report
Form 4
Jain Rachit
EVP & CFO
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-04-16$12.75/sh−844$10,758→ 51,752 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 3, 2024, 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 $12.59 to $12.82, 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 45,497 unvested RSUs.
Signature
/s/ Donald Shum, as attorney-in-fact for Rachit Jain|2026-04-17