---
schema_version: "secwatch.filing_event.v1"
accession: "0001490978-25-000034"
form_type: "8-K"
ticker: "SDGR"
cik: "0001490978"
company_name: "Schrodinger, Inc."
filed_at: "2025-04-11T23:59:59+00:00"
generated_at: "2026-05-23T16:07:57.679680+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Schrödinger settles derivative suit over director pay; adopts compensation reforms

## Summary
- Company adopted new director comp policy capping each element at 60th percentile of peer group.
- Settlement requires retention of independent compensation consultant for annual peer analysis.
- Company to pay $390,000 in attorneys' fees; no admission of wrongdoing by defendants.
- Court approval hearing scheduled for June 18, 2025 in New York Supreme Court.
- Governance reforms must be maintained for at least four years from adoption.

## SEC filing metadata
- accession: 0001490978-25-000034
- form_type: 8-K
- ticker: SDGR
- cik: 0001490978
- company_name: Schrodinger, Inc.
- filed_at: 2025-04-11T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490978/000149097825000034/0001490978-25-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490978/000149097825000034/sdgr-20250411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001490978-25-000034
- JSON: https://secwatch.observer/filing/0001490978-25-000034.json
- Plain text: https://secwatch.observer/filing/0001490978-25-000034.txt

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