Quick Takeaways
- This page summarizes Richard A. Wurster's Form 4 filing for SCHWAB CHARLES CORP (SCHW).
- 3 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 05 Mar 2024, 20:50.
Richard A. Wurster - 01 Mar 2024 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)
- Role
- President
- Signature
- /s/ P. Blake Allen, Attorney-in-fact
- Issuer symbol
- SCHW
- Transactions as of
- 01 Mar 2024
- Net transactions value
- -$1,615,110
- Form type
- 4
- Filing time
- 05 Mar 2024, 20:50:14 UTC
- Previous filing
- 07 Jun 2023
- Next filing
- 19 Jul 2024
- SEC
- View on sec.gov
Quoteable Key Fact
"Richard A. Wurster filed Form 4 for SCHWAB CHARLES CORP (SCHW) on 05 Mar 2024."
What Changed
- Previous filing in this sequence was filed on 07 Jun 2023.
- Current net transaction value: -$1,615,110.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Official SEC Source
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SCHW | Common Stock | Award | $0 | +58,354 | +58% | $0.000000 | 158,568 | 01 Mar 2024 | Direct | F1 |
| transaction | SCHW | Common Stock | Tax liability | $1,615,110 | -24,340 | -15% | $66.36 | 134,228 | 01 Mar 2024 | Direct | F2 |
| holding | SCHW | Common Stock | 3,942 | 01 Mar 2024 | by ESPP | 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 | +167,628 | $0.000000 | 167,628 | 01 Mar 2024 | Common Stock | 167,628 | $66.47 | Direct | F4 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | A 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 | This information is based on a plan statement as of December 31, 2023 |
| 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:
Exhibit 24 - Power of Attorney