Porges Geoffrey Craig sold SDGR
March 4, 2024 · Form 4 insider transaction
Porges Geoffrey Craig sold 3,315 shares of Schrödinger, Inc. at $26.35 per share, a transaction worth $87.4K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
3,315
Price
$26.35
Total value
$87.4K
InsiderPorges Geoffrey Craig
Role—
CompanySchrödinger, Inc. (SDGR)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateMarch 4, 2024
Filing dateMarch 5, 2024
Shares owned after5,685
OwnershipDirect
10b5-1 planYes
AmendedNo
Footnotes
This sale was effected pursuant to a durable automatic sale instruction under Rule 10b5-1 adopted by the reporting person on August 16, 2022 and represents a broker-assisted sale of shares to satisfy the payment of withholding tax liability incurred upon the vesting of the PRSUs on March 4, 2024. The sale does not represent a discretionary trade by the reporting person.