| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SCHW | Common Stock | Options Exercise | $244,530 | +7,835 | +18% | $31.21 | 52,286 | 22 Mar 2024 | Direct | F1 |
| transaction | SCHW | Common Stock | Options Exercise | $227,799 | +7,866 | +15% | $28.96 | 60,152 | 22 Mar 2024 | Direct | F1 |
| transaction | SCHW | Common Stock | Sale | $1,140,539 | -15,701 | -26% | $72.64 | 44,451 | 22 Mar 2024 | Direct | F1, F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SCHW | Nonqualified Stock Option (right to buy) | Options Exercise | $0 | -7,835 | -100% | $0.000000* | 0 | 22 Mar 2024 | Common Stock | 7,835 | $31.21 | Direct | F4 |
| transaction | SCHW | Nonqualified Stock Option (right to buy) | Options Exercise | $0 | -7,866 | -100% | $0.000000* | 0 | 22 Mar 2024 | Common Stock | 7,866 | $28.96 | Direct | F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Includes 673.8678 shares acquired through dividend reinvestment. |
| F2 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on August 28, 2023. |
| F3 | The transaction was executed in multiple trades at prices ranging from $72.57 to $72.645. The price reported reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F4 | The option was granted under the company's 2013 Stock Incentive Plan and vests 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date. |
Exhibit 24 - Power of Attorney