Carolyn Schwab-Pomerantz - 15 Aug 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
15 Aug 2024
Net transactions value
-$1,389,226
Form type
4
Filing time
19 Aug 2024, 19:45:40 UTC
Previous filing
23 Jul 2024
Next filing
20 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Sale $481,060 -7,392 -0.45% $65.08 1,651,314 15 Aug 2024 by Trust F1
transaction SCHW Common Stock Sale $320,945 -4,928 -0.87% $65.13 562,129 15 Aug 2024 by Spouse as Trustee F2
transaction SCHW Common Stock Sale $352,348 -5,400 -0.33% $65.25 1,645,914 16 Aug 2024 by Trust F3, F4
transaction SCHW Common Stock Sale $234,873 -3,600 -0.64% $65.24 558,529 16 Aug 2024 by Spouse as Trustee F3, F5
holding SCHW Common Stock 8,162 15 Aug 2024 Direct
holding SCHW Common Stock 2,798 15 Aug 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 This transaction was executed in multiple trades at prices ranging from $65.05 to $65.13. 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.
F2 This transaction was executed in multiple trades at prices ranging from $65.08 to $65.20. 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 effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2023.
F4 This transaction was executed in multiple trades at prices ranging from $64.945 to $65.49. 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.
F5 This transaction was executed in multiple trades at prices ranging from $64.93 to $65.49. 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.