Form 4: Schrodinger CFO Rachit Jain Executes Tax-Related Stock Sale

EVP & CFO Rachit Jain sold 844 shares of Schrodinger, Inc. to cover tax withholding obligations related to RSU vesting.

Summary

• Rachit Jain, EVP & CFO of Schrodinger, Inc., sold 844 shares of common stock on April 16, 2026.
• The transaction was executed at a weighted average price of $12.747 per share.
• The sale was conducted automatically under a Rule 10b5-1 trading plan adopted on March 3, 2024.
• The purpose of the sale was to satisfy tax withholding liabilities associated with the vesting of restricted stock units (RSUs).
• Following the transaction, the reporting person retains beneficial ownership of 51,752 shares, which includes 45,497 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is a routine, non-discretionary administrative action related to tax obligations.

Positives

• The transaction was non-discretionary, indicating it was not a signal of management's view on the company's future performance.

Negatives

• Reduction in direct equity holdings by a key executive, though the impact is minimal.

Risks

• Reliance on Rule 10b5-1 plans for tax obligations is standard, but market volatility can impact the realized price of shares sold for tax coverage.

Future Outlook

No forward-looking guidance regarding company operations was provided in this filing.

Management Comments

• The sale was effected pursuant to a durable automatic sale instruction under Rule 10b5-1 and does not represent a discretionary trade.

Industry Context

StockSavvy.ai notes that automatic sell-to-cover transactions are standard corporate governance practices for executives to manage tax liabilities arising from equity compensation vesting and generally do not reflect changes in management sentiment.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans for tax-related sales is consistent with standard executive compensation practices at publicly traded biotechnology and software companies.

Stakeholder Impact

• Minimal impact on shareholders as the sale was pre-planned and non-discretionary.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Schrodinger, SDGR, Insider Trading, Form 4, CFO, Equity Compensation