Schrodinger (SDGR) CFO sells 875 shares for RSU tax withholding
Rhea-AI Filing Summary
Schrodinger, Inc. EVP & CFO Rachit Jain reported selling 875 shares of common stock on July 16, 2026, at a weighted average price of $15.597 per share. The broker-assisted sale was executed under a Rule 10b5-1 durable automatic instruction to satisfy withholding tax liability from vested RSUs and is not a discretionary trade. Following the sale, Jain directly holds 50,877 shares, which include 43,154 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 875 shares
Net Sell
1 txn
Insider
Jain Rachit
Role
EVP & CFO
Sold
875 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 875 | $15.597 | $14K |
Holdings After Transaction:
Common Stock — 50,877 shares (Direct)
Footnotes (3)
- F1. This sale was effected pursuant to a durable automatic sale instruction under Rule 10b5-1 adopted by the reporting person on March 3, 2024, represents a broker-assisted sale of shares to satisfy the payment of withholding tax liability incurred upon the vesting of restricted stock units ("RSUs"). The sale does not represent a discretionary trade by the reporting person.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.50 to $16.22, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) of this Form 4.
- F3. Includes 43,154 unvested RSUs.
Key Figures
Shares sold: 875 shares
Average sale price: $15.597 per share
Sale price range: $15.50 to $16.22 per share
+2 more
5 metrics
Shares sold
875 shares
Common stock sale on July 16, 2026
Average sale price
$15.597 per share
Weighted average price across multiple transactions
Sale price range
$15.50 to $16.22 per share
Range of prices for individual trades in the sale
Shares owned after sale
50,877 shares
Direct holdings following the reported transaction
Unvested RSUs included
43,154 RSUs
Unvested restricted stock units within post-transaction holdings
Key Terms
Rule 10b5-1, restricted stock units ("RSUs"), weighted average price, withholding tax liability, +1 more
5 terms
Rule 10b5-1 regulatory
"durable automatic sale instruction under Rule 10b5-1 adopted by the reporting person"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
restricted stock units ("RSUs") financial
"withholding tax liability incurred upon the vesting of restricted stock units ("RSUs")"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
withholding tax liability financial
"shares to satisfy the payment of withholding tax liability incurred upon the vesting"
broker-assisted sale financial
"represents a broker-assisted sale of shares to satisfy the payment"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Schrodinger (SDGR) CFO Rachit Jain report?
Schrodinger EVP & CFO Rachit Jain reported selling 875 shares of common stock on July 16, 2026, at a weighted average price of $15.597 per share. The transaction is coded as a sale in an open-market or private transaction under Form 4 rules.
Was the SDGR insider sale made under a Rule 10b5-1 trading plan?
Yes. The sale was effected under a durable automatic sale instruction pursuant to Rule 10b5-1, adopted on March 3, 2024. The filing also checks the Rule 10b5-1 box and notes that the sale does not represent a discretionary trade by the reporting person.
Does the SDGR Form 4 sale indicate discretionary trading by the CFO?
No. A footnote explicitly states the sale was executed under a durable automatic Rule 10b5-1 instruction and “does not represent a discretionary trade.” The purpose was to cover tax withholding from RSU vesting, limiting its informational value about management’s market views.