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Schrodinger (NASDAQ: SDGR) EVP granted stock options and RSU awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Tran Yvonne reported acquisition or exercise transactions in this Form 4 filing.

Schrodinger, Inc. executive Yvonne Tran, EVP, CLO & CPO, reported equity awards on March 2, 2026. She received a stock option for 34,250 shares with vesting of 25% on March 2, 2027 and the remainder in monthly installments through March 2, 2030, subject to continued service.

She was also granted 17,130 restricted stock units (RSUs) under the 2022 Equity Incentive Plan that vest in four equal annual installments on March 9 of 2027, 2028, 2029 and 2030, subject to continued service. In addition, 13,788 performance-based RSUs from a March 4, 2024 grant had their performance metrics certified on March 2, 2026 and will vest upon the filing of the company’s Form 10-K for the year ended December 31, 2026, subject to continued service.

Positive

  • None.

Negative

  • None.
Insider Tran Yvonne
Role EVP, CLO & CPO
Type Security Shares Price Value
Grant/Award Stock Option (right to buy) 34,250 $0.00 --
Grant/Award Common Stock 17,130 $0.00 --
Grant/Award Common Stock 13,788 $0.00 --
Holdings After Transaction: Stock Option (right to buy) — 34,250 shares (Direct); Common Stock — 39,989 shares (Direct)
Footnotes (1)
  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. Represents portion of the performance-based restricted stock units ("PRSUs") previously granted to the reporting person on March 4, 2024, for which the compensation committee of the Issuer's board of directors certified on March 2, 2026 the level of achievement of the performance metrics for the PRSUs. The PRSUs will vest upon the filing of the Issuer's Annual Report on Form 10-K for the year ended December 31, 2026, subject to the reporting person's continued service with the company. Includes an aggregate of 45,316 unvested RSUs. 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.
Form 4 Insider Transactions: What Each Field Means →
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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Tran Yvonne
(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)
EVP, CLO & CPO
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 17,130 A $0 39,989 D
Common Stock 03/02/2026 A(2) 13,788 A $0 53,777(3) 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 34,250 (4) 03/02/2036 Common Stock 34,250 $0 34,250 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. Represents portion of the performance-based restricted stock units ("PRSUs") previously granted to the reporting person on March 4, 2024, for which the compensation committee of the Issuer's board of directors certified on March 2, 2026 the level of achievement of the performance metrics for the PRSUs. The PRSUs will vest upon the filing of the Issuer's Annual Report on Form 10-K for the year ended December 31, 2026, subject to the reporting person's continued service with the company.
3. Includes an aggregate of 45,316 unvested RSUs.
4. 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 Yvonne Tran 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Schrodinger (SDGR) report for Yvonne Tran?

Schrodinger reported equity awards to EVP, CLO & CPO Yvonne Tran on March 2, 2026. She received a 34,250-share stock option, 17,130 time-based RSUs, and 13,788 performance-based RSUs tied to previously granted awards, all subject to continued service.

How do Yvonne Tran’s new Schrodinger (SDGR) stock options vest?

Tran’s 34,250-share stock option vests over four years. 25% vests on March 2, 2027, with the remaining shares vesting in equal monthly installments through March 2, 2030, provided she continues her service with the company throughout the vesting period.

What are the vesting terms of the new RSUs granted to Schrodinger (SDGR) EVP Yvonne Tran?

Tran received 17,130 RSUs on March 2, 2026. These units vest in four equal annual installments on March 9 of 2027, 2028, 2029 and 2030. Each RSU represents a right to receive one Schrodinger common share, subject to continued service.

What triggered vesting for Yvonne Tran’s performance-based RSUs at Schrodinger (SDGR)?

The compensation committee certified performance for previously granted PRSUs on March 2, 2026. 13,788 performance-based RSUs will vest upon filing Schrodinger’s Form 10-K for the year ended December 31, 2026, assuming Tran continues serving the company through that time.

Are Yvonne Tran’s Schrodinger (SDGR) equity awards open-market purchases or compensation grants?

The reported transactions are compensation-related grants, not open-market purchases. They include a stock option grant, time-based RSUs, and performance-based RSUs awarded under Schrodinger’s equity incentive plans, all with vesting tied to future service and performance conditions.

What does each RSU granted to Yvonne Tran by Schrodinger (SDGR) represent?

Each restricted stock unit (RSU) granted to Tran represents a contingent right to receive one share of Schrodinger common stock. Delivery of shares occurs only if the specified time-based or performance-based vesting conditions are satisfied while she remains with the company.