Bernard J. Clark - Mar 2, 2023 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
MD, Head of Adivsor Services
Signature
/s/ Kristopher R. Tate, Attorney-in-fact
Stock symbol
SCHW
Transactions as of
Mar 2, 2023
Transactions value $
-$1,554,941
Form type
4
Date filed
3/6/2023, 08:04 PM
Previous filing
Mar 3, 2023
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Award $0 +50.1K $0.00 50.1K Mar 2, 2023 Direct F1
transaction SCHW Common Stock Tax liability -$1.55M -20.3K -100% $76.46 0 Mar 2, 2023 Direct F2, F3
holding SCHW Common Stock 116K Mar 2, 2023 by Trust F3
holding SCHW Common Stock 3.66K Mar 2, 2023 by 401(k)
holding SCHW Common Stock 659 Mar 2, 2023 by ESOP
* 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 Reflects the contribution of the shares acquired on the vesting of and withholding related to the PBRSUs to a trust.