Marianne Catherine Brown - 03 Oct 2022 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
Director
Signature
/s/ Kristopher Tate, Attorney-in-fact
Issuer symbol
SCHW
Transactions as of
03 Oct 2022
Net transactions value
$0
Form type
4
Filing time
05 Oct 2022, 17:04:09 UTC
Previous filing
04 Oct 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

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 Restricted Stock Units Award +205 +35% 798 03 Oct 2022 Common Stock 205 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a right to receive one share of company stock.
F2 The restricted stock units were received pursuant to the Directors' Deferred Compensation Plan II (the "Plan") and are held in a rabbi trust for the benefit of the reporting person pursuant to the terms of the Plan.
F3 The restricted stock units are held in a rabbi trust for the benefit of the reporting person and are distributed to the reporting person when she leaves the Board of Directors.
F4 The restricted stock units were received in lieu of cash compensation otherwise payable as director fees.

Remarks:

Exhibit List: Exhibit 24 Power of Attorney