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Schrodinger (NASDAQ: SDGR) director granted RSUs and stock options in new Form 4

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

Rhea-AI Filing Summary

Schrodinger, Inc. director Gary Sender received new equity awards as part of his compensation. He was granted 8,141 restricted stock units, each representing one future share of common stock, under the company’s 2022 Equity Incentive Plan. These RSUs were granted on June 22, 2026 and will vest after about one year or at the next annual shareholder meeting, subject to continued service.

Sender was also granted stock options for 13,313 shares of common stock at an exercise price of $15.23 per share, expiring in 2036, which follow the same vesting schedule. After the RSU grant, he beneficially owns 25,388 common shares directly, including 8,141 unvested RSUs, plus the new option award.

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Insights

Routine director equity grants with RSUs and options; no open-market buying or selling.

Director Gary Sender received 8,141 RSUs and options for 13,313 shares at an exercise price of $15.23, all under the 2022 Equity Incentive Plan. Both awards vest after roughly one year or at the next annual stockholder meeting, conditioned on continued board service.

These are non-cash, compensation-related acquisitions rather than market trades, so they carry limited signaling value about near-term share-price views. After the grant, Sender holds 25,388 common shares directly, including 8,141 unvested RSUs, plus the new option position expiring in 2036.

Insider Sender Gary
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)
  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.
RSUs granted 8,141 RSUs Grant under 2022 Equity Incentive Plan on June 22, 2026
Options granted 13,313 options Stock Option (right to buy) granted June 22, 2026
Option exercise price $15.23 per share Exercise price for 13,313 stock options
Common shares after grant 25,388 shares Total common stock beneficially owned following RSU grant
Option expiration June 22, 2036 Expiration date of 13,313 stock options
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
"under the Issuer's 2022 Equity Incentive Plan, as amended"
Stock Option (right to buy) financial
"Stock Option (right to buy)"
vest financial
"shall vest on the twelve-month anniversary of the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
beneficially owns financial
"Includes 8,141 unvested RSUs."
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Sender Gary

(Last)(First)(Middle)
C/O SCHRODINGER, INC.,
1540 BROADWAY, 24TH FLOOR

(Street)
NEW YORK NEW YORK 10036

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Schrodinger, Inc. [ SDGR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock(1)06/22/2026A8,141A$025,388(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$15.2306/22/2026A13,313 (3)06/22/2036Common Stock13,313$013,313D
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 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.
2. Includes 8,141 unvested RSUs.
3. 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.
Remarks:
/s/ Donald Shum, as attorney-in-fact for Gary Sender06/23/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Schrodinger (SDGR) director Gary Sender receive in this Form 4 filing?

Director Gary Sender received equity compensation, including 8,141 restricted stock units and stock options for 13,313 shares. Both awards were granted under Schrodinger’s 2022 Equity Incentive Plan and represent non-cash grants rather than open-market share purchases or sales.

How many Schrodinger (SDGR) RSUs were granted to Gary Sender and when do they vest?

Gary Sender was granted 8,141 restricted stock units on June 22, 2026. These RSUs vest on the twelve-month anniversary of the grant date, or earlier at the next annual stockholder meeting, provided he continues to serve as a director during that period.

What are the terms of Gary Sender’s new Schrodinger (SDGR) stock options?

Sender received options for 13,313 shares of Schrodinger common stock with an exercise price of $15.23 per share. The options vest after about one year or at the next annual stockholder meeting and expire on June 22, 2036, subject to his continued service.

How many Schrodinger (SDGR) shares does Gary Sender own after these grants?

After the restricted stock unit grant, Gary Sender directly beneficially owns 25,388 shares of Schrodinger common stock. This total includes 8,141 unvested restricted stock units that are scheduled to vest based on continued service and the defined vesting schedule.

Are Gary Sender’s Schrodinger (SDGR) transactions open-market buys or sells?

The transactions are not open-market buys or sells; they are equity awards. Sender acquired 8,141 RSUs and 13,313 stock options as compensation under the 2022 Equity Incentive Plan, with no cash purchase and no sale of existing holdings in this filing.