Jain Rachit 4

What Happened

Rachit Jain, EVP & Chief Financial Officer of Schrodinger, sold 875 shares of SDGR on July 16, 2026. The weighted-average sale price reported was $15.60, for total proceeds of approximately $13,647. This was a sale (not a purchase) and therefore typically viewed as a routine disposition rather than a bullish signal.

Key Details

• Transaction date: 2026-07-16 (filed 2026-07-17 — timely).
• Shares sold: 875; weighted-average price reported $15.60; individual sale prices ranged from $15.50 to $16.22.
• Purpose/footnote: Sale effected under a durable Rule 10b5-1 plan (adopted Mar 3, 2024) as a broker-assisted sale to satisfy withholding tax on RSU vesting; not a discretionary trade by the reporting person.
• Additional note: The filing discloses 43,154 unvested RSUs held by the reporting person. The filing did not specify total shares beneficially owned after this transaction in the provided excerpt.
• Transaction code: S = Sale; footnote also indicates the filer can provide a per-trade price breakdown on request.

Context

This sale was executed to cover tax withholding tied to RSU vesting under a pre-established 10b5-1 plan, which is common for executives and typically does not indicate a change in insider sentiment. For retail investors, purchases by insiders often carry more informational weight than routine tax-related sales.