Carolyn Schwab-Pomerantz - 20 Jun 2024 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
Director
Signature
/s/ P. Blake Allen, Attorney-in-fact
Issuer symbol
SCHW
Transactions as of
20 Jun 2024
Net transactions value
-$652,373
Form type
4
Filing time
24 Jun 2024, 18:15:17 UTC
Previous filing
30 May 2024
Next filing
23 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Sale $391,414 -5,400 -0.32% $72.48 1,664,106 20 Jun 2024 by Trust F1, F2
transaction SCHW Common Stock Sale $260,959 -3,600 -0.63% $72.49 570,657 20 Jun 2024 by Spouse as Trustee F1, F3
holding SCHW Common Stock 8,162 20 Jun 2024 Direct
holding SCHW Common Stock 2,798 20 Jun 2024 by LLC
* 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 transaction was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on November 10, 2023.
F2 The transaction was executed in multiple trades at prices ranging from $72.19 to $72.89. 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 number of shares and prices at which the transaction was effected.
F3 The transaction was executed in multiple trades at prices ranging from $72.185 to $72.89. 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 number of shares and prices at which the transaction was effected.