Nigel J. Murtagh - 02 Mar 2023 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
MD, Chief Risk Officer
Signature
/s/ Kristopher R. Tate, Attorney-in-fact
Issuer symbol
SCHW
Transactions as of
02 Mar 2023
Transactions value $
-$1,399,111
Form type
4
Date filed
06 Mar 2023, 20:08
Previous filing
03 Mar 2023
Next filing
05 Mar 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 +40.8K +71.22% $0.00 98.1K 02 Mar 2023 Direct F1
transaction SCHW Common Stock Tax liability -$1.4M -18.3K -18.64% $76.46 79.8K 02 Mar 2023 Direct F2
holding SCHW Common Stock 1.43K 02 Mar 2023 by ESPP
* 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.