Joseph R. Martinetto - 01 Mar 2024 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
COO
Signature
/s/ P. Blake Allen, Attorney-in-fact
Issuer symbol
SCHW
Transactions as of
01 Mar 2024
Net transactions value
-$4,703,460
Form type
4
Filing time
05 Mar 2024, 18:48:38 UTC
Previous filing
06 Mar 2023
Next filing
18 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Award $0 +155,296 $0.000000 155,296 01 Mar 2024 Direct F1
transaction SCHW Common Stock Tax liability $4,703,460 -70,882 -46% $66.36 84,414 01 Mar 2024 Direct F2
holding SCHW Common Stock 259,786 01 Mar 2024 by LLC F3
holding SCHW Common Stock 670 01 Mar 2024 by ESOP F4

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) Award $0 +129,911 $0.000000 129,911 01 Mar 2024 Common Stock 129,911 $66.47 Direct F5
* 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, 2023.
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 transfer of 259,786 shares previously held by a trust to an LLC.
F4 This information is based on a plan statement as of December 31, 2023.
F5 This option was granted under the company's 2022 Stock Incentive Plan and vests in four equal annual installments beginning on the first anniversary of the grant date.

Remarks:

Exhibit 24 - Power of Attorney