Schrodinger (SDGR) officer tax-withholding sale of 1,300 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schrodinger, Inc. officer Robert Lorne Abel reported an open-market sale of 1,300 shares of common stock on March 4, 2026 at $12.81 per share. After this transaction, he directly owned 55,897 shares.
According to the disclosure, the sale was executed under a Rule 10b5-1 trading plan adopted on August 25, 2025 and was a broker-assisted sale to cover withholding tax due upon the vesting of restricted stock units. The filing notes that this did not represent a discretionary trade by the officer and that his holdings include 49,824 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,300 shares ($16,653)
Net Sell
1 txn
Insider
Abel Robert Lorne
Role
See Remarks
Sold
1,300 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,300 | $12.81 | $17K |
Holdings After Transaction:
Common Stock — 55,897 shares (Direct)
Footnotes (1)
- This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 25, 2025, and 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. Includes 49,824 unvested RSUs.
FAQ
What insider transaction did Schrodinger (SDGR) report for Robert Lorne Abel?
Schrodinger reported that officer Robert Lorne Abel sold 1,300 shares of common stock. The sale occurred on March 4, 2026 at $12.81 per share in an open-market transaction, according to the Form 4 filing details.
Was the Schrodinger (SDGR) insider sale by Robert Lorne Abel discretionary?
No, the sale was not discretionary. It was executed under a Rule 10b5-1 trading plan adopted on August 25, 2025 and served as a broker-assisted sale to cover withholding tax from vested restricted stock units.
What restricted stock unit position does Robert Lorne Abel have at Schrodinger (SDGR)?
The disclosure notes that his holdings include 49,824 unvested restricted stock units. These RSUs are separate from the 55,897 common shares he directly owns after the reported March 4, 2026 open-market sale.