Schrodinger (NASDAQ: SDGR) director receives RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schrodinger, Inc. director Richard Friesner reported new equity awards and updated share holdings. He received 8,141 restricted stock units (RSUs) under the 2022 Equity Incentive Plan, each representing one share of common stock. These RSUs vest on the 12‑month anniversary of the June 22, 2026 grant date, or earlier if the next annual shareholder meeting occurs sooner, subject to continued service.
Friesner was also granted a stock option for 13,313 shares of common stock at an exercise price of $15.23 per share, expiring in 2036 and vesting on the same schedule. Following these awards, he holds 690,365 common shares directly, which include the 8,141 unvested RSUs, plus indirect holdings of 28,328 shares held by his spouse and 694,925 shares held by the RF 2018 grantor retained annuity trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Friesner Richard
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 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 13,313 shares (Direct, null);
Common Stock — 690,365 shares (Direct, null);
Common Stock — 694,925 shares (Indirect, By grantor retained annuity trust)
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. These shares are owned directly by the RF 2018 GRAT (the "Trust"), a grantor retained annuity trust, and indirectly by Dr. Friesner as trustee and sole annuitant of the Trust. 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 units
Stock options granted: 13,313 options
Option exercise price: $15.23 per share
+4 more
7 metrics
RSUs granted
8,141 units
Grant of RSUs 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
Strike price for 13,313-share stock option grant
Option expiration
June 22, 2036
Expiration date of stock option grant
Direct common shares after grant
690,365 shares
Direct holdings following RSU and option awards
Spouse-held shares
28,328 shares
Indirect ownership by spouse as of June 22, 2026
GRAT-held shares
694,925 shares
Indirect holdings via RF 2018 grantor retained annuity trust
Key Terms
restricted stock units ("RSUs"), 2022 Equity Incentive Plan, grantor retained annuity trust, 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"
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"
grantor retained annuity trust financial
"owned directly by the RF 2018 GRAT (the "Trust"), a grantor retained annuity trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
stock option (right to buy) financial
"Stock Option (right to buy)"
sole annuitant financial
"indirectly by Dr. Friesner as trustee and sole annuitant of the Trust"
FAQ
What equity awards did Richard Friesner report in Schrodinger (SDGR) Form 4?
Richard Friesner reported a grant of 8,141 restricted stock units and a stock option for 13,313 shares at a $15.23 exercise price. Both awards were granted under Schrodinger’s 2022 Equity Incentive Plan and vest after roughly one year, subject to continued service.
How do Richard Friesner’s new RSUs in Schrodinger (SDGR) vest?
The 8,141 RSUs granted to Richard Friesner vest on the 12-month anniversary of the June 22, 2026 grant date, or earlier on the date of the next annual stockholder meeting. Vesting is contingent on his continued service with Schrodinger during that period.
What are the key terms of Richard Friesner’s new Schrodinger (SDGR) stock option?
Richard Friesner received a stock option covering 13,313 shares of Schrodinger common stock at a $15.23 exercise price. The option was granted June 22, 2026, will vest after about one year on the same schedule as his RSUs, and expires June 22, 2036.