Jonathan M. Craig - Mar 1, 2024 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
Officer title: Managing Director, Head of Investor Services and Marketing; Exhibit 24 - Power of Attorney
Signature
/s/ P. Blake Allen, Attorney-in-fact
Stock symbol
SCHW
Transactions as of
Mar 1, 2024
Transactions value $
-$2,885,499
Form type
4
Date filed
3/5/2024, 07:33 PM
Previous filing
Mar 6, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Award $0 +92.2K $0.00 92.2K Mar 1, 2024 Direct F1
transaction SCHW Common Stock Tax liability -$2.89M -43.5K -100% $66.36 0 Mar 1, 2024 Direct F2, F3
holding SCHW Common Stock 48.8K Mar 1, 2024 by Trust F3

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 +69.1K $0.00 69.1K Mar 1, 2024 Common Stock 69.1K $66.47 Direct F4
* 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 contribution of the shares acquired on the vesting of and withholding related to the PBRSUs to a revocable living trust.
F4 The 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:

Officer title: Managing Director, Head of Investor Services and Marketing; Exhibit 24 - Power of Attorney