Schrödinger, Inc. insider Rachit Jain reported a change in beneficial ownership of the company’s common stock tied to a sale on July 16, 2026. The Form 4, filed July 17, 2026, describes the transaction as a broker-assisted sale of shares to cover withholding tax obligations triggered by the vesting of restricted stock units, or RSUs. The filing states that the sale was not a discretionary open-market trade by Jain. Instead, it was carried out under a “durable automatic sale instruction” pursuant to Rule 10b5-1, which Jain adopted on March 3, 2024. Such arrangements are commonly used by executives and insiders to pre-schedule trades or tax-cover sales in a way intended to reduce concerns about trading based on material nonpublic information. The shares were sold in multiple transactions at prices ranging from $15.50 to $16.22 per share. The filing notes that the reported sale price in the transaction table was a weighted average price, though the provided filing text does not include the exact weighted average price or the number of shares sold. Jain undertook to provide detailed price-by-price transaction information upon request to the company, shareholders, or SEC staff. Following the reported transaction, Jain’s beneficial ownership continued to include 43,154 unvested RSUs, according to the filing note. The document does not provide, in the supplied text, the full post-transaction share ownership figure or the total number of shares sold. The filing was signed on Jain’s behalf by Elizabeth Schauber as attorney-in-fact.