Charles R. Schwab - 24 Jul 2023 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role: Co-Chairman, Director
Signature: /s/ Kristopher R. Tate, Attorney-in-fact
Issuer symbol: SCHW
Transactions as of: 24 Jul 2023
Net transactions value: -$8,183,078
Form type: 4
Filing time: 26 Jul 2023, 19:17:37 UTC
Previous filing: 24 May 2023
Next filing: 03 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCHW	Common Stock	Options Exercise	$1,665,727	+72,047		$23.12	0	24 Jul 2023	Direct	F1
transaction	SCHW	Common Stock	Sale	$4,802,984	-72,047	-0.12%	$66.66	59,748,538	24 Jul 2023	by Trust	F1, F2
transaction	SCHW	Common Stock	Sale	$5,045,821	-75,760	-0.13%	$66.60	59,672,778	26 Jul 2023	by Trust	F3
holding	SCHW	Common Stock						30,731,256	24 Jul 2023	by Limited Partnership
holding	SCHW	Common Stock						44,025	24 Jul 2023	by 188 Corp
holding	SCHW	Common Stock						9,383,927	24 Jul 2023	by Spouse as Trustee

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	-72,047	-100%	$0.000000^*	0	24 Jul 2023	Common Stock	72,047	$23.12	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 72,047 shares received upon exercise of the option to a living trust.
F2	This transaction was executed in multiple trades at prices ranging from $66.595 to $66.805. 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	This transaction was executed in multiple trades at prices ranging from $66.38 to $66.71. 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.
F4	The option was granted under the company's 2013 Stock Incentive Plan and vested in four equal annual installments beginning on November 1, 2014.