StockWatch
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Biotechnology: Pharmaceutical Preparations
Corporate ActionJun 23, 2026, 04:17 PM

Schrodinger Stockholders Approve 3M Share Increase for Equity Plan

AI Summary

Schrodinger, Inc. stockholders approved an amendment to the 2022 Equity Incentive Plan, increasing the number of shares available for issuance by 3,000,000. This amendment was approved at the Annual Meeting held on June 22, 2026. Additionally, stockholders elected three Class III directors, approved the advisory vote on executive compensation, and ratified KPMG LLP as the independent auditor for 2026.

Key Highlights

  • Stockholders approved a 3,000,000 share increase for the 2022 Equity Incentive Plan.
  • Richard A. Friesner, Rosana Kapeller-Libermann, and Gary Sender were elected as Class III directors.
  • Advisory vote on executive compensation was approved by stockholders.
  • KPMG LLP was ratified as the independent auditor for fiscal year 2026.
  • The 2026 Plan Amendment was approved with 41,422,096 total shares FOR.