AI brief of an SEC Form 8-K · Schrödinger (SDGR)

Schrodinger Executive Mannix Aklian Separation Agreement Sets Severance Terms

Neutral Impact 2 of 5 leadership Written later

Schrodinger, Inc. disclosed a June 5, 2026 separation agreement with Mannix Aklian, its former Chief Commercial Officer and Global Head of Software Sales and Marketing. The agreement confirms severance payments and benefits that are substantially comparable to those in his prior employment agreement and the company's severance plan, with a gross bonus amount of $88,096 across three bonus components. For shareholders, the filing describes a routine executive departure with defined costs and a mutual release of claims.

Key points

  • Separation Agreement dated June 5, 2026, between the company and Mannix Aklian, subject to a seven-day revocation period
  • Salary continuation for nine months and COBRA premium support for 12 months after separation
  • Bonus payments for Q1 2026, prorated Q2 2026, and prorated 2026 annual bonus total $88,096 gross, plus acceleration of a July 2026 restricted stock unit vesting

The filing

CompanySchrödinger (SDGR)
Form8-K, current report
Filed with the SECJun 8, 2026, 4:22 PM ET
Accession number0001490978-26-000045

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 08, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.