Schrodinger (SDGR) CAO Jenny Herman receives new RSU and option awards

Rhea-AI Filing Summary

Schrodinger, Inc. chief accounting officer Jenny Herman reported equity awards consisting of stock options and restricted stock units. On March 2, 2026, she acquired options to purchase 8,220 shares of common stock and 9,590 RSUs, both at no cash cost as compensation.

The 9,590 RSUs were granted under the 2022 Equity Incentive Plan and will vest in four equal installments on March 9, 2027, 2028, 2029 and 2030, subject to continued service. The stock option grant is scheduled to vest 25% on March 2, 2027, with the remaining shares vesting in equal monthly installments through March 2, 2030. Following these awards, Herman directly holds 36,187 shares of common stock, including 26,875 unvested RSUs.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Herman Jenny

(Last) (First) (Middle)

C/O SCHRODINGER, INC.,

1540 BROADWAY, 24TH FLOOR

(Street)

NEW YORK NY 10036

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Schrodinger, Inc. [ SDGR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CAO

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	03/02/2026		A		9,590	A	$0	36,187(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$12.15	03/02/2026		A		8,220		(3)	03/02/2036	Common Stock	8,220	$0	8,220	D

Explanation of Responses:

1. 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 March 2, 2026 and will vest in equal installments on each of March 9, 2027, 2028, 2029 and 2030, subject to the reporting person's continued service with the company.

2. Includes an aggregate of 26,875 unvested RSUs.

3. The option was granted on March 2, 2026. The shares underlying the option are scheduled to vest with respect to 25% of the shares on March 2, 2027 and the remainder are scheduled to vest in equal monthly installments through March 2, 2030, subject to the reporting person's continued service with the company.

Remarks:

	/s/ Donald Shum, as attorney-in-fact for Jenny Herman	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did Schrodinger (SDGR) report for Jenny Herman?

Schrodinger reported that CAO Jenny Herman received equity compensation on March 2, 2026, including 8,220 stock options and 9,590 restricted stock units. These awards increase her direct holdings and are subject to multi‑year vesting schedules tied to continued service.

How many Schrodinger (SDGR) RSUs were granted to Jenny Herman?

Jenny Herman was granted 9,590 restricted stock units on March 2, 2026. Each RSU represents a contingent right to receive one share of Schrodinger common stock, vesting in four equal annual installments from March 9, 2027 through March 9, 2030, assuming continued employment.

What is the vesting schedule for Jenny Herman’s Schrodinger (SDGR) RSUs?

The 9,590 RSUs granted to Jenny Herman vest in four equal installments on March 9, 2027, 2028, 2029 and 2030. Vesting is conditioned on her continued service with Schrodinger, meaning shares are delivered over time rather than immediately.

How do Jenny Herman’s Schrodinger (SDGR) stock options vest?

The 8,220 stock options granted on March 2, 2026 vest with 25% of the shares on March 2, 2027. The remaining options vest in equal monthly installments through March 2, 2030, contingent on her continued service at the company.

How many Schrodinger (SDGR) shares does Jenny Herman own after these awards?

After the March 2, 2026 awards, Jenny Herman directly holds 36,187 shares of Schrodinger common stock. This total includes 26,875 unvested RSUs, which will only fully convert into shares as the specified vesting conditions and dates are met.

Under which plan were Jenny Herman’s Schrodinger (SDGR) RSUs granted?

Jenny Herman’s 9,590 RSUs were granted under Schrodinger’s 2022 Equity Incentive Plan, as amended. This plan provides equity-based compensation, and each RSU represents a right to receive one share of common stock upon satisfaction of time-based vesting conditions.