Stephen A. Ellis - Apr 19, 2024 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
Director
Signature
/s/ P. Blake Allen, Attorney-in-fact
Stock symbol
SCHW
Transactions as of
Apr 19, 2024
Transactions value $
-$698,065
Form type
4
Date filed
4/23/2024, 09:35 PM
Previous filing
Apr 3, 2024
Next filing
May 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Options Exercise $263K +10.5K $25.01 7.4K Apr 19, 2024 Direct F1
transaction SCHW Common Stock Options Exercise $59.7K +2.19K +41.94% $27.32 7.4K Apr 19, 2024 Direct F2
transaction SCHW Common Stock Options Exercise $59.1K +2.05K +38.46% $28.79 7.4K Apr 19, 2024 Direct F3
transaction SCHW Common Stock Sale -$1.08M -14.8K -11.96% $73.21 109K Apr 19, 2024 by Trust F4, F5

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 -10.5K -100% $0.00* 0 Apr 19, 2024 Common Stock 10.5K $25.01 Direct F6
transaction SCHW Nonqualified Stock Option (right to buy) Options Exercise $0 -2.19K -100% $0.00* 0 Apr 19, 2024 Common Stock 2.19K $27.32 Direct F7
transaction SCHW Nonqualified Stock Option (right to buy) Options Exercise $0 -2.05K -100% $0.00* 0 Apr 19, 2024 Common Stock 2.05K $28.79 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the contribution of 10,511 shares received upon exercise of the option to a revocable trust.
F2 Reflects the contribution of 2,185 shares received upon exercise of the option to a revocable trust.
F3 Reflects the contribution of 2,054 shares received upon exercise of the option to a revocable trust.
F4 The transaction was executed in multiple trades at prices ranging from $73.12 to $73.26. 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 transfer of shares and prices at which the transaction was effected.
F5 Reflects the contribution of 14,750 shares received upon exercise of options to a revocable trust.
F6 The option was granted under the company's 2013 Stock Incentive Plan and vested 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date.
F7 The option was received pursuant to the Directors' Deferred Compensation Plan II and vested immediately.