Walter W. Bettinger - Mar 2, 2023 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
Co-Chairman and CEO, Director
Signature
/s/ Kristopher R. Tate, Attorney-in-fact
Stock symbol
SCHW
Transactions as of
Mar 2, 2023
Transactions value $
-$9,705,920
Form type
4
Date filed
3/6/2023, 08:03 PM
Previous filing
Mar 3, 2023
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Award $0 +301K +69.53% $0.00 733K Mar 2, 2023 Direct F1
transaction SCHW Common Stock Tax liability -$9.71M -127K -17.31% $76.46 607K Mar 2, 2023 Direct F2
holding SCHW Common Stock 6.41K Mar 2, 2023 by ESOP
holding SCHW Common Stock 3.3K Mar 2, 2023 by ESPP
holding SCHW Common Stock 2.46K Mar 2, 2023 by Spouse F3
* 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, 2022.
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 Includes 21.0292 shares acquired through dividend reinvestment.