Walter W. Bettinger - 12 Feb 2025 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
Co-Chairman, Director
Signature
/s/ P. Blake Allen, Attorney-in-fact
Issuer symbol
SCHW
Transactions as of
12 Feb 2025
Net transactions value
-$25,796,033
Form type
4
Filing time
14 Feb 2025, 18:19:08 UTC
Previous filing
19 Jul 2024
Next filing
04 Mar 2025
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 $12,261,559 +464,629 +56% $26.39 1,292,006 12 Feb 2025 Direct
transaction SCHW Common Stock Sale $36,170,406 -441,797 -34% $81.87 850,209 12 Feb 2025 Direct F1
transaction SCHW Common Stock Sale $1,887,186 -22,832 -2.7% $82.66 827,377 12 Feb 2025 Direct F2
holding SCHW Common Stock 6,615 12 Feb 2025 by ESOP F3
holding SCHW Common Stock 4,073 12 Feb 2025 by ESPP F3
holding SCHW Common Stock 2,515 12 Feb 2025 by Spouse

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 -464,629 -100% $0.000000 0 12 Feb 2025 Common Stock 464,629 $26.39 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $81.34 to $82.34. 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.
F2 This transaction was executed in multiple trades at prices ranging from $82.345 to $82.795. 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 information is based on a plan statement as of February 1, 2025.
F4 The option was granted under the company's 2013 Stock Incentive Plan and vested in four equal annual installments beginning on March 1, 2016.