---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-063008"
form_type: "8-K"
ticker: "SDGR"
cik: "0001490978"
company_name: "Schrodinger, Inc."
filed_at: "2022-03-02T23:59:59+00:00"
generated_at: "2026-06-27T02:23:42.382395+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CFO Joel Lebowitz retires; enters transition and consulting agreements effective Feb 28, 2022

## Summary
- Joel Lebowitz retired as CFO and Treasurer effective February 28, 2022.
- Receives salary continuation for 9 months post-separation and COBRA premium payments for up to 18 months.
- Consulting agreement: $3,500/month for up to 10 hours of services, $350/hour for additional hours.
- Stock options continue vesting during the consulting period; exercise period extended to 9 months after termination.
- Non-compete obligation under employment agreement extended for 9 months following separation.

## SEC filing metadata
- accession: 0001193125-22-063008
- form_type: 8-K
- ticker: SDGR
- cik: 0001490978
- company_name: Schrodinger, Inc.
- filed_at: 2022-03-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490978/000119312522063008/0001193125-22-063008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490978/000119312522063008/d215428d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-063008
- JSON: https://secwatch.observer/filing/0001193125-22-063008.json
- Plain text: https://secwatch.observer/filing/0001193125-22-063008.txt

## Key facts
- Executive change
  Joel Lebowitz retired as Chief Financial Officer and Treasurer at Schrodinger, Inc..
  - Action: retired
  - Role: Chief Financial Officer and Treasurer
  source text: On February 28, 2022, following the previously disclosed retirement of Joel Lebowitz as Chief Financial Officer and Treasurer of Schrödinger, Inc. (the “Company”), the Company entered into a transition, separation and release of claims agreement (the “Transition Agreement”) with Mr. Lebowitz, which confirms the terms of his retirement from the Company, effective as of February 28, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1490978/000119312522063008/0001193125-22-063008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.