Director Jeffrey Chodakewitz receives RSUs and options at Schrodinger (SDGR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schrodinger, Inc. director Jeffrey Chodakewitz reported equity awards rather than open-market trades. He received 8,141 restricted stock units (RSUs), each representing one future share of common stock, and 13,313 stock options with an exercise price of $15.23 per share.
The RSUs and options were granted on June 22, 2026 and are scheduled to vest on the twelve-month anniversary of grant, or earlier if the next annual stockholder meeting occurs sooner, subject to continued service. Following the RSU grant, his direct common stock holdings total 25,388 shares, including 8,141 unvested RSUs. The stock options are scheduled to expire on June 22, 2036. Settlement of the RSUs is deferred until separation from service or certain change in control events.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chodakewitz Jeffrey
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. 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. 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
RSU grant: 8,141 RSUs
Stock options granted: 13,313 options
Option exercise price: $15.23 per share
+5 more
8 metrics
RSU grant
8,141 RSUs
Granted June 22, 2026 under 2022 Equity Incentive Plan
Stock options granted
13,313 options
Granted June 22, 2026, right to buy common stock
Option exercise price
<money>$15.23</money> per share
Exercise price for 13,313 stock options
Options expiration
<date>June 22, 2036</date>
Expiration date of granted stock options
Common shares after award
25,388 shares
Direct holdings after RSU grant, includes unvested RSUs
Unvested RSUs included
8,141 RSUs
Unvested portion included in total common stock holdings
RSU settlement timing
30 days after separation or change in control
Deferral condition for RSU settlement
Vesting schedule
Approximately 12 months
RSUs and options vest on 12‑month anniversary or earlier annual meeting
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
"The settlement of such RSUs will be deferred until ... certain change in control events."
Stock Option (right to buy) financial
"Stock Option (right to buy)"
FAQ
What did Schrodinger (SDGR) director Jeffrey Chodakewitz report in this Form 4?
Jeffrey Chodakewitz reported equity awards, not market trades. He received 8,141 RSUs and 13,313 stock options under Schrodinger’s 2022 Equity Incentive Plan, both granted on June 22, 2026, subject to standard vesting and service conditions.
How many RSUs did Jeffrey Chodakewitz receive from Schrodinger (SDGR)?
He received 8,141 restricted stock units (RSUs). Each RSU represents a contingent right to one share of Schrodinger common stock, with vesting after about twelve months and settlement deferred until separation from service or specified change in control events.
What stock options were granted to Jeffrey Chodakewitz by Schrodinger (SDGR)?
He was granted options for 13,313 shares of Schrodinger common stock at an exercise price of $15.23 per share. These options vest after roughly twelve months, subject to continued service, and are scheduled to expire on June 22, 2036.
When do Jeffrey Chodakewitz’s Schrodinger (SDGR) RSUs and options vest?
Both the RSUs and stock options are scheduled to vest on the twelve-month anniversary of June 22, 2026, or earlier if the next annual stockholder meeting occurs sooner, provided Chodakewitz continues his service with Schrodinger during that period.
How is settlement of Jeffrey Chodakewitz’s Schrodinger (SDGR) RSUs timed?
Settlement of the RSUs is deferred until the earlier of 30 days after his separation from service or certain change in control events. This means he does not immediately receive common shares, aligning settlement with major career or corporate milestones.