Schrodinger (SDGR) grants RSUs and stock options to director Nancy Thornberry
Rhea-AI Filing Summary
Schrodinger, Inc. director Nancy Thornberry received new equity awards as part of her compensation. She was granted 8,141 restricted stock units (RSUs), each representing one share of common stock, increasing her direct holdings to 25,388 common shares after the award.
The RSUs were granted on June 22, 2026 and vest on the twelve‑month anniversary of grant, or earlier if the next annual stockholder meeting occurs first, subject to continued service. Their settlement is deferred until separation from service or certain change in control events. Thornberry was also granted options for 13,313 shares at an exercise price of $15.23 per share, expiring on June 22, 2036, with the option award vesting on the same timetable.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,141 shares
Net Buy
2 txns
Insider
Thornberry Nancy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 13,313 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 8,141 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 13,313 shares (Direct);
Common Stock — 25,388 shares (Direct)
Footnotes (3)
- F1. Grant of restricted stock units ("RSUs") under the Issuer's 2022 Equity Incentive Plan, as amended. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs were granted on June 22, 2026 and shall vest on the twelve-month anniversary of the date of grant of the award (or, if earlier, the date of the next annual meeting of stockholders following the date of grant of the award), subject to continued service. The settlement of such RSUs will be deferred until the earlier of (i) the 30th day following the reporting person's separation from service from the Issuer or (ii) certain change in control events.
- F2. Includes 8,141 unvested RSUs.
- F3. The option was granted on June 22, 2026 under the Issuer's 2022 Equity Incentive Plan, as amended. The award shall vest on the twelve-month anniversary of the date of grant of the award (or, if earlier, the date of the next annual meeting of stockholders following the date of grant of the award), subject to continued service.
Key Figures
RSU grant: 8,141 RSUs
Options granted: 13,313 options
Option exercise price: $15.23 per share
+2 more
5 metrics
RSU grant
8,141 RSUs
Granted June 22, 2026 under 2022 Equity Incentive Plan
Options granted
13,313 options
Granted June 22, 2026; right to buy common stock
Option exercise price
$15.23 per share
Conversion or exercise price for 13,313 options
Option expiration
June 22, 2036
Expiration date of newly granted stock options
Shares held after grant
25,388 shares
Common stock directly owned after RSU grant, including 8,141 unvested RSUs
Key Terms
restricted stock units ("RSUs"), 2022 Equity Incentive Plan, change in control events, Stock Option (right to buy), +1 more
5 terms
restricted stock units ("RSUs") financial
"Grant of restricted stock units ("RSUs") under the Issuer's 2022 Equity Incentive Plan, as amended."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2022 Equity Incentive Plan financial
"Grant of restricted stock units ("RSUs") under the Issuer's 2022 Equity Incentive Plan, as amended."
change in control events financial
"until the earlier of (i) the 30th day following the reporting person's separation from service ... or (ii) certain change in control events."
Stock Option (right to buy) financial
"Stock Option (right to buy)"
vest financial
"The RSUs were granted on June 22, 2026 and shall vest on the twelve-month anniversary of the date of grant of the award"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What equity awards did Schrodinger (SDGR) director Nancy Thornberry receive?
Nancy Thornberry received 8,141 restricted stock units and stock options for 13,313 shares. The options have a $15.23 exercise price and expire in 2036, providing long-term equity incentives tied to Schrodinger’s share performance and her continued board service.
How do the new RSUs for Schrodinger (SDGR) director vest and settle?
The 8,141 RSUs vest on the 12-month anniversary of June 22, 2026, or earlier at the next annual stockholder meeting, subject to continued service. Settlement is deferred until separation from service or specified change in control events, delaying actual share delivery and potential taxation.
What are the terms of the new stock options granted by Schrodinger (SDGR)?
The options cover 13,313 shares of common stock at a $15.23 exercise price and expire on June 22, 2036. They vest on the same 12-month or next-annual-meeting schedule as the RSUs, aligning director incentives with longer-term company performance.
Under which plan were the Schrodinger (SDGR) equity awards to Nancy Thornberry granted?
Both the RSUs and stock options were granted under Schrodinger’s 2022 Equity Incentive Plan, as amended. This plan governs director and employee equity compensation, including vesting schedules and conditions such as continued service and change in control provisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
