Jain Rachit 4

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.