Schrodinger EVP sells shares to cover RSU taxes
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.
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
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,094 | $12.895 | $14K |
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 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.
- F2. 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.
- F3. Includes 42,191 unvested RSUs.
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