Schrödinger, Inc. reported an insider transaction by Rachit Jain involving the company’s common stock on July 16, 2026. The Form 4, filed July 17, describes the transaction as a sale of shares connected to the vesting of restricted stock units, rather than a discretionary open-market trade by Jain. According to the filing’s explanatory notes, the sale was made under transaction code **S** and was conducted as a broker-assisted sale to cover withholding tax obligations that arose when RSUs vested. The sale was carried out pursuant to a durable automatic sale instruction under Rule 10b5-1 that Jain adopted on March 3, 2024. The filing specifically states that the transaction “does not represent a discretionary trade” by the reporting person. The shares were sold in multiple transactions at prices ranging from **$15.50 to $16.22** per share. The filing notes that the reported price in the transaction table was a weighted average price and that Jain will provide, upon request, a breakdown of the number of shares sold at each price within that range. The excerpt provided does not include the transaction table values showing the exact number of shares sold, the weighted-average sale price, or Jain’s total beneficial ownership after the sale. The ownership footnote states that Jain’s reported holdings include **43,154 unvested restricted stock units**. That detail is important because it indicates that a substantial portion of the reported beneficial ownership consists of equity awards that have not yet vested into freely owned common shares. The filing was signed on Jain’s behalf by Elizabeth Schauber as attorney-in-fact on July 17, 2026.