Shareholders back Schrodinger (NASDAQ: SDGR) equity plan, director slate and KPMG
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Schrödinger, Inc. reported results of its 2026 annual stockholder meeting. Stockholders approved an amendment to the 2022 Equity Incentive Plan that increases the shares of common stock available for issuance by 3,000,000 shares, supporting future equity-based compensation.
Three Class III directors—Richard A. Friesner, Rosana Kapeller-Libermann and Gary Sender—were elected to three-year terms expiring at the 2029 annual meeting. Stockholders approved, on a non-binding basis, the compensation of named executive officers and ratified the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.02, 5.07, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Equity plan share increase: 3,000,000 shares
Say-on-pay support: 51,345,375 for vs. 870,926 against
Equity plan amendment vote: 41,422,096 for vs. 10,825,547 against
+4 more
7 metrics
Equity plan share increase
3,000,000 shares
Additional common stock available under 2022 Equity Incentive Plan
Say-on-pay support
51,345,375 for vs. 870,926 against
Advisory vote on executive compensation, with 75,635 abstentions
Equity plan amendment vote
41,422,096 for vs. 10,825,547 against
Approval of 2026 Plan Amendment, with 44,293 abstentions
Auditor ratification support
61,674,114 for vs. 179,559 against
Ratification of KPMG LLP for fiscal year ending December 31, 2026
Director vote – Friesner
33,634,879 for vs. 9,424,525 against
Election of Richard A. Friesner as Class III director
Director vote – Kapeller-Libermann
32,336,273 for vs. 10,723,565 against
Election of Rosana Kapeller-Libermann as Class III director
Director vote – Sender
33,506,486 for vs. 9,552,235 against
Election of Gary Sender as Class III director
Key Terms
2022 Equity Incentive Plan, non-binding, advisory vote, broker non-votes, independent registered public accounting firm, +1 more
5 terms
2022 Equity Incentive Plan financial
"The 2026 Plan Amendment ... to the Schrödinger, Inc. 2022 Equity Incentive Plan, as amended"
non-binding, advisory vote financial
"The Company’s stockholders approved the non-binding, advisory vote on the compensation paid"
broker non-votes financial
"Number of Shares of Common Stock ABSTAINING | BROKER NON-VOTES"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
limited common stock financial
"Holders of the Company’s limited common stock were entitled to one vote per share"
FAQ
Which directors were elected at Schrödinger (SDGR) 2026 annual meeting?
Shareholders elected Richard A. Friesner, Rosana Kapeller-Libermann and Gary Sender as Class III directors. Each will serve a three-year term expiring at the 2029 annual meeting and continue until a successor is duly elected and qualified.
What were the voting results on Schrödinger (SDGR) equity plan amendment?
For the 2026 Plan Amendment, total votes were 41,422,096 for, 10,825,547 against and 44,293 abstaining, with 9,593,955 broker non-votes. This approved increasing shares available under the 2022 Equity Incentive Plan by 3,000,000.
How do common and limited common stock votes work at Schrödinger (SDGR)?
Each share of common stock and limited common stock carries one vote on most matters. However, each share of limited common stock is not entitled to vote on the election of directors, while still voting on advisory pay, plan amendments and auditor ratification.