Schrödinger, Inc. (Nasdaq: SDGR) has announced the issuance of restricted stock units (RSUs) to seven newly hired employees as part of its 2021 Inducement Equity Incentive Plan. These RSUs, totaling 7,051 shares of the company's common stock, were granted on May 21, 2025, and serve as a significant component of the employees' compensation packages. The RSUs will vest over a four-year period, with 25% vesting after the first year of continuous service and the remaining shares vesting in equal annual installments over the subsequent three years. These grants were approved by the company's compensation committee and align with Nasdaq Listing Rule 5635(c)(4).
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.