Executive at Schrodinger (NASDAQ: SDGR) sells shares under 10b5-1 for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schrodinger, Inc. executive Yvonne Tran, EVP, CLO & CPO, reported an open-market sale of common stock linked to tax withholding on vested restricted stock units. On March 5, 2026, she sold 1,094 shares at a weighted average price of $12.895 per share under a pre-arranged Rule 10b5-1 trading plan adopted on March 8, 2023. The sale was a broker-assisted transaction to satisfy withholding tax obligations and did not represent a discretionary trade. Following this transaction, she beneficially owns 52,683 shares of Schrodinger common stock, including 42,191 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,094 shares ($14,107)
Net Sell
1 txn
Insider
Tran Yvonne
Role
EVP, CLO & CPO
Sold
1,094 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,094 | $12.895 | $14K |
Holdings After Transaction:
Common Stock — 52,683 shares (Direct)
Footnotes (1)
- This sale was effected pursuant to a durable automatic sale instruction under Rule 10b5-1 adopted by the reporting person on March 8, 2023, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.75 to $13.01, 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. Includes 42,191 unvested RSUs.
FAQ
What insider transaction did Schrodinger (SDGR) report for executive Yvonne Tran?
Schrodinger reported that EVP, CLO & CPO Yvonne Tran sold 1,094 shares of common stock. The sale occurred on March 5, 2026 at a weighted average price of $12.895 per share to cover withholding taxes on vested RSUs under a Rule 10b5-1 plan.
Was the recent Schrodinger (SDGR) insider sale by Yvonne Tran a discretionary trade?
No. The 1,094-share sale by Yvonne Tran was executed under a pre-established Rule 10b5-1 durable automatic sale instruction. It represented a broker-assisted sale to satisfy tax withholding from RSU vesting, not a discretionary open-market decision by the executive.
What is notable about the Rule 10b5-1 plan used in the Schrodinger (SDGR) insider sale?
The sale was carried out under a durable automatic sale instruction adopted on March 8, 2023 pursuant to Rule 10b5-1. Such plans pre-schedule trades, helping separate routine tax and liquidity transactions from real-time trading decisions by insiders.