Nigel J. Murtagh - 08 May 2025 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Signature
/s/ Jeffrey E. Salvesen, Attorney-in-Fact
Issuer symbol
SCHW
Transactions as of
08 May 2025
Net transactions value
-$1,050,250
Form type
4
Filing time
09 May 2025, 16:00:40 UTC
Previous filing
07 May 2025
Next filing
30 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Murtagh Nigel J Chief Risk Officer 3000 SCHWAB WAY, WESTLAKE /s/ Jeffrey E. Salvesen, Attorney-in-Fact 09 May 2025 0001649599

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Options Exercise $1,074,750 +25,000 +42% $42.99 83,993 08 May 2025 Direct
transaction SCHW Common Stock Sale $2,125,000 -25,000 -30% $85.00 58,993 08 May 2025 Direct F1
holding SCHW Common Stock 2,374 08 May 2025 by ESPP F2

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 -25,000 -54% $0.000000 20,872 08 May 2025 Common Stock 25,000 $42.99 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on November 23, 2024.
F2 This information is based on a plan statement as of April 30, 2025.
F3 This option was granted under the company's 2013 Stock Incentive Plan and vested in four installments beginning on March 1, 2017.