Richard A. Wurster - 01 Mar 2025 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 2025
Net transactions value
-$2,735,589
Form type
4
Filing time
04 Mar 2025, 20:40:24 UTC
Previous filing
28 Oct 2024
Next filing
07 May 2025
SEC
View on sec.gov

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Quoteable Key Fact

"Richard A. Wurster filed Form 4 for SCHWAB CHARLES CORP (SCHW) on 04 Mar 2025."

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: 04 Mar 2025, 20:40.

What Changed

  • Previous filing in this sequence was filed on 28 Oct 2024.
  • Current net transaction value: -$2,735,589.

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

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Award $0 +92,770 +67% $0.000000 230,519 01 Mar 2025 Direct F1
transaction SCHW Common Stock Tax liability $2,735,589 -34,608 -15% $79.04 195,911 03 Mar 2025 Direct F2
holding SCHW Common Stock 4,334 01 Mar 2025 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 +231,419 $0.000000 231,419 03 Mar 2025 Common Stock 231,419 $78.12 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, 2024.
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 March 1, 2025.
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.

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