Schrodinger (NASDAQ: SDGR) director receives RSUs and stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schrodinger, Inc. director Gary L. Ginsberg received new equity awards consisting of restricted stock units and stock options as part of his compensation. He was granted 8,141 RSUs, each representing a contingent right to one share of common stock. These RSUs were granted on June 22, 2026 and will vest on the twelve-month anniversary of the grant date, or earlier if the next annual stockholder meeting occurs sooner, subject to continued service. He also received a stock option for 13,313 shares of common stock at an exercise price of $15.23 per share, expiring on June 22, 2036, with the same vesting schedule. Following these grants, he directly holds 25,388 shares of common stock, which include the 8,141 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GINSBERG GARY L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 13,313 | $0.00 | -- |
| Grant/Award | Common Stock | 8,141 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 13,313 shares (Direct, null);
Common Stock — 25,388 shares (Direct, null)
Footnotes (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 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. Includes 8,141 unvested RSUs. 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
RSUs granted: 8,141 RSUs
Stock options granted: 13,313 options
Option exercise price: $15.23 per share
+3 more
6 metrics
RSUs granted
8,141 RSUs
Grant on June 22, 2026 under 2022 Equity Incentive Plan
Stock options granted
13,313 options
Right to buy common stock, granted June 22, 2026
Option exercise price
$15.23 per share
Stock Option (right to buy) for 13,313 shares
Option expiration
June 22, 2036
Expiration date of granted stock option
Shares held after grant
25,388 shares
Common stock directly held following transactions
Unvested RSUs included
8,141 RSUs
Unvested RSUs included in post-transaction holdings
Key Terms
restricted stock units ("RSUs"), 2022 Equity Incentive Plan, Stock Option (right to buy), vesting, +1 more
5 terms
restricted stock units ("RSUs") financial
"Grant of restricted stock units ("RSUs") under the Issuer's 2022 Equity Incentive Plan"
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."
Stock Option (right to buy) financial
"Stock Option (right to buy) with underlying security title Common Stock"
vesting financial
"shall vest on the twelve-month anniversary of the date of grant of the award"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"conversion or exercise price of 15.2300 per share for the stock option"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What equity awards did Schrodinger (SDGR) director Gary Ginsberg receive?
Director Gary Ginsberg received 8,141 restricted stock units and a stock option for 13,313 shares at $15.23 per share. Both awards were granted under Schrodinger’s 2022 Equity Incentive Plan as part of his director compensation.
How do the new RSUs for Schrodinger (SDGR) director vest?
The 8,141 RSUs granted to the director vest on the twelve-month anniversary of the June 22, 2026 grant date, or earlier on the date of the next annual stockholder meeting, provided he continues to serve through the vesting date.
What are the key terms of the new stock option granted at Schrodinger (SDGR)?
The stock option covers 13,313 shares of Schrodinger common stock at an exercise price of $15.23 per share. It was granted June 22, 2026, vests on a one-year schedule, and expires on June 22, 2036, subject to continued service.
Are the new Schrodinger (SDGR) awards open-market purchases or compensation grants?
The transactions are compensation-related grants, not open-market purchases. Both the 8,141 RSUs and the 13,313-share stock option were awarded under Schrodinger’s 2022 Equity Incentive Plan as a grant or award acquisition to the director.
What plan governs the new equity awards at Schrodinger (SDGR)?
Both the RSUs and stock option were granted under Schrodinger’s 2022 Equity Incentive Plan, as amended. This plan authorizes equity-based compensation awards like restricted stock units and stock options for directors, subject to its terms and conditions.