Schrodinger reports inducement equity grants of 6,325 shares under 2021 plan

Reuters03-18 20:30

Schrodinger reports inducement equity grants of 6,325 shares under 2021 plan

Schrodinger reported inducement equity awards granted to newly hired employees under its 2021 Inducement Equity Incentive Plan. The company granted a stock option covering 1,950 shares with an exercise price of USD 12.51 per share. Schrodinger also granted restricted stock units covering 4,375 shares to two newly hired employees. The stock option and the restricted stock units vest over four years, with 25% vesting after 12 months of continuous service.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schrodinger Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603180830BIZWIRE_USPR_____20260318_BW704263) on March 18, 2026, and is solely responsible for the information contained therein.

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