Charles R. Schwab - Feb 15, 2024 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
Co-Chairman, Director
Signature
/s/ P. Blake Allen, Attorney-in-fact
Stock symbol
SCHW
Transactions as of
Feb 15, 2024
Transactions value $
-$2,787,095
Form type
4
Date filed
2/20/2024, 08:55 PM
Previous filing
Feb 12, 2024
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Options Exercise $1.84M +71.2K $25.86 0 Feb 15, 2024 Direct F1
transaction SCHW Common Stock Sale -$4.63M -71.2K -0.12% $64.99 61.3M Feb 15, 2024 by Trust F1, F2
holding SCHW Common Stock 30.7M Feb 15, 2024 by Limited Partnership
holding SCHW Common Stock 44K Feb 15, 2024 by 188 Corp
holding SCHW Common Stock 7.37M Feb 15, 2024 by Spouse as Trustee F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -71.2K -100% $0.00* 0 Feb 15, 2024 Common Stock 71.2K $25.86 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the contribution of 71,226 shares received upon exercise of the option to a living trust.
F2 This transaction was executed in multiple trades at prices ranging from $64.87 to $65.09. The price reported reflects the weighted average sale 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.
F3 Reflects a transfer of shares between trusts.
F4 This option was granted under the company's 2013 Stock Incentive Plan and vested in four annual installments beginning on March 3, 2015.