Schwab Charles R. - Mar 1, 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: Mar 1, 2024
Transactions value $: -$2,211,785
Form type: 4
Date filed: 3/5/2024, 06:35 PM
Previous filing: Feb 26, 2024
Next filing: Apr 24, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCHW	Common Stock	Award	$0	+84.7K		$0.00	84.7K	Mar 1, 2024	Direct	F1
transaction	SCHW	Common Stock	Tax liability	-$2.21M	-33.3K	-100%	$66.36	0	Mar 1, 2024	Direct	F2, F3
holding	SCHW	Common Stock						61.2M	Mar 1, 2024	by Trust	F3
holding	SCHW	Common Stock						30.7M	Mar 1, 2024	by Limited Partnership
holding	SCHW	Common Stock						44K	Mar 1, 2024	by 188 Corp
holding	SCHW	Common Stock						7.37M	Mar 1, 2024	by Spouse as Trustee

Showing 1 to 6 of 6 entries

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)	Award	$0	+105K		$0.00	105K	Mar 1, 2024	Common Stock	105K	$66.47	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares acquired on the vesting of performance-based restricted stock units ("PBRSUs") granted under the company's 2013 Stock Incentive Plan, reflecting the achievement by the reporting person of the performance goal over a three-year performance period ended December 31, 2023.
F2	The company withheld shares of common stock from the reporting person to pay the tax withholding obligations related to the vesting of the PBRSUs.
F3	Reflects the contribution of the shares acquired on the vesting of and withholding related to the PBRSUs to a living trust.
F4	The option was granted under the company's 2022 Stock Incentive Plan and vests in four equal annual installments beginning on the first anniversary of the grant date.