Peter J. Morgan III - 22 Jan 2025 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Signature
/s/ P. Blake Allen, Attorney-in-fact
Issuer symbol
SCHW
Transactions as of
22 Jan 2025
Net transactions value
-$566,996
Form type
4
Filing time
24 Jan 2025, 18:20:25 UTC
Previous filing
18 Apr 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Options Exercise $614,713 +14,643 $41.98 14,643 22 Jan 2025 Direct
transaction SCHW Common Stock Sale $1,181,709 -14,643 -100% $80.70 0 22 Jan 2025 Direct F1
holding SCHW Common Stock 150 22 Jan 2025 by ESOP F2
holding SCHW Common Stock 125 22 Jan 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 -14,643 -100% $0.000000 0 22 Jan 2025 Common Stock 14,643 $41.98 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction was executed in multiple trades at prices ranging from $80.505 to $80.95. 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.
F2 This information is based on a plan statement as of December 31, 2024.
F3 This option was granted under the company's 2013 Stock Incentive Plan and vested in four annual installments beginning on March 2, 2020.