Schrodinger, Inc. (SDGR) CEO exercises options and sells 86,000 shares

Rhea-AI Filing Summary

Schrodinger, Inc. President & CEO Ramy Farid reported option exercises and related share sales. He exercised stock options to acquire a total of 160,527 shares of common stock at an exercise price of $3.070 per share.

On April 16, 2026, he exercised options for 43,000 shares and sold 43,000 shares at a weighted average price of $12.331 per share. On April 17, 2026, he exercised additional options for 117,527 shares (in two tranches) and sold 43,000 shares at a weighted average price of $12.208 per share.

According to the filing, these transactions were effected under a Rule 10b5-1 trading plan adopted on September 2, 2025. After the transactions, Farid directly holds 330,824 shares of common stock, including 132,634 unvested RSUs, and the reported option grant from May 11, 2016 is fully vested and now exercised.

Insights

Insider transactions analyst

CEO executes pre-planned option exercises and partial share sales, retaining a substantial equity stake.

Ramy Farid, President & CEO of Schrodinger, Inc., exercised stock options covering 160,527 shares of common stock at an exercise price of $3.070 per share. The options were originally granted on May 11, 2016 and are fully vested, so this represents monetizing an established award rather than a new grant.

He sold a total of 86,000 shares in open-market transactions: 43,000 shares at a weighted average price of $12.331 on April 16, 2026, and 43,000 shares at a weighted average price of $12.208 on April 17, 2026. The filing states these trades were executed under a Rule 10b5-1 trading plan adopted on September 2, 2025, indicating they were pre-scheduled.

Following the transactions, Farid directly holds 330,824 shares of common stock, including 132,634 unvested RSUs, and there are no remaining options from the reported grant in the derivative summary. This pattern fits a typical exercise-and-sell sequence for liquidity while maintaining a significant ongoing equity position. Overall, the activity appears routine and does not materially alter the investment thesis.

Insider Trade Summary 10b5-1

Net Seller: 86,000 shares ($1,055,177)

Net Sell 8 txns

Insider Farid Ramy

Role President & CEO

Sold 86,000 shs ($1.06M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy)	43,000	$0.00	--
Exercise	Stock Option (right to buy)	74,527	$0.00	--
Exercise	Common Stock	43,000	$3.07	$132K
Sale	Common Stock	43,000	$12.208	$525K
Exercise	Common Stock	74,527	$3.07	$229K
Exercise	Stock Option (right to buy)	43,000	$0.00	--
Exercise	Common Stock	43,000	$3.07	$132K
Sale	Common Stock	43,000	$12.331	$530K

Holdings After Transaction: Stock Option (right to buy) — 74,527 shares (Direct); Common Stock — 373,824 shares (Direct)

Footnotes (1)

1. These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 2, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.80 to $12.79, 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 ranges set forth in this footnote(2) of this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.66 to $12.49, 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 ranges set forth in this footnote(3) of this Form 4. Includes 132,634 unvested RSUs. The option was granted on May 11, 2016 and is fully vested.

Key Figures

Options exercised: 160,527 shares at $3.070 Shares sold: 86,000 shares Sale price April 16: $12.331 per share +4 more

7 metrics

Options exercised 160,527 shares at $3.070 Total common shares acquired via option exercise

Shares sold 86,000 shares Open-market sales on April 16–17, 2026

Sale price April 16 $12.331 per share Weighted average price for 43,000 shares sold

Sale price April 17 $12.208 per share Weighted average price for 43,000 shares sold

Post-transaction holdings 330,824 shares Direct common stock held after transactions

Unvested RSUs 132,634 units Unvested restricted stock units included in holdings

10b5-1 plan adoption date September 2, 2025 Date CEO adopted trading plan governing these sales

Key Terms

Rule 10b5-1 trading plan, RSUs, Stock Option (right to buy), weighted average price, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

RSUs financial

"Includes 132,634 unvested RSUs."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Stock Option (right to buy) financial

"security_title": "Stock Option (right to buy)""

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.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Farid Ramy

(Last) (First) (Middle)

C/O SCHRODINGER, INC.,

1540 BROADWAY, 24TH FLOOR

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Schrodinger, Inc. [ SDGR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/16/2026		M(1)		43,000	A	$3.07	373,824	D
Common Stock	04/16/2026		S(1)		43,000	D	$12.331(2)	330,824	D
Common Stock	04/17/2026		M(1)		43,000	A	$3.07	373,824	D
Common Stock	04/17/2026		S(1)		43,000	D	$12.208(3)	330,824	D
Common Stock	04/17/2026		M		74,527	A	$3.07	405,351(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$3.07	04/16/2026		M(1)			43,000	(5)	05/10/2026	Common Stock	43,000	$0	117,527	D
Stock Option (right to buy)	$3.07	04/17/2026		M(1)			43,000	(5)	05/10/2026	Common Stock	43,000	$0	74,527	D
Stock Option (right to buy)	$3.07	04/17/2026		M			74,527	(5)	05/10/2026	Common Stock	74,527	$0	0	D

Explanation of Responses:

1. These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 2, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.80 to $12.79, 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 ranges set forth in this footnote(2) of this Form 4.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.66 to $12.49, 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 ranges set forth in this footnote(3) of this Form 4.

4. Includes 132,634 unvested RSUs.

5. The option was granted on May 11, 2016 and is fully vested.

Remarks:

	/s/ Donald Shum, as attorney-in-fact for Ramy Farid	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Schrodinger (SDGR) CEO Ramy Farid report in this Form 4?

Ramy Farid reported exercising stock options to acquire 160,527 Schrodinger shares at $3.070 per share and selling 86,000 shares in open-market trades. The transactions follow a pre-established Rule 10b5-1 plan and reflect both liquidity taking and continued equity ownership.

How many Schrodinger (SDGR) shares did the CEO sell, and at what prices?

Ramy Farid sold 86,000 Schrodinger shares in total. He sold 43,000 shares on April 16, 2026 at a weighted average price of $12.331 and 43,000 shares on April 17, 2026 at a weighted average price of $12.208, executed across multiple trades within stated price ranges.

How many Schrodinger (SDGR) shares does the CEO hold after these transactions?

After the reported trades, Ramy Farid directly holds 330,824 shares of Schrodinger common stock. This figure includes 132,634 unvested RSUs, indicating a significant remaining equity position tied to the company’s future performance despite the partial share sales.

Were the Schrodinger (SDGR) CEO’s trades made under a Rule 10b5-1 plan?

Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by Ramy Farid on September 2, 2025. Such plans pre-schedule trades, helping separate personal portfolio decisions from the timing of nonpublic corporate information.

What stock options did the Schrodinger (SDGR) CEO exercise in this filing?

Ramy Farid exercised stock options originally granted on May 11, 2016 that were fully vested. He exercised options covering 160,527 shares of Schrodinger common stock at an exercise price of $3.070 per share, converting this derivative award into actual share ownership before selling part of the position.

Does the Schrodinger (SDGR) CEO still have unvested equity after these transactions?

Yes. The filing notes that Ramy Farid’s holdings include 132,634 unvested RSUs. These restricted stock units represent additional future share-based compensation that vests over time, aligning his incentives with Schrodinger’s long-term performance even after the reported option exercises and share sales.