Paul Woolway V - 01 May 2025 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
MD, Chief Banking Officer
Signature
/s/ Jeffrey E. Salvesen, Attorney-in-Fact
Issuer symbol
SCHW
Transactions as of
01 May 2025
Net transactions value
-$619,019
Form type
4
Filing time
05 May 2025, 16:01:21 UTC
Previous filing
02 Apr 2025
Next filing
09 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Woolway Paul V MD, Chief Banking Officer 3000 SCHWAB WAY, WESTLAKE /s/ Jeffrey E. Salvesen, Attorney-in-Fact 05 May 2025 0002031313

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Options Exercise $361,616 +8,614 +34% $41.98 33,767 01 May 2025 Direct F1
transaction SCHW Common Stock Sale $706,361 -8,614 -16% $82.00 45,824 01 May 2025 by Trust F1, F2, F3
transaction SCHW Common Stock Sale $274,274 -3,380 -7.4% $81.15 42,444 01 May 2025 by Trust F2, F4
holding SCHW Common Stock 7,464 01 May 2025 by ESPP F5
holding SCHW Common Stock 1,139 01 May 2025 by Son 1
holding SCHW Common Stock 1,139 01 May 2025 by Son 2

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 -8,614 -50% $0.000000 8,613 01 May 2025 Common Stock 8,614 $41.98 Direct F6
* 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 Reflects the contribution of the shares received upon exercise of the option to a revocable trust.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 15, 2024.
F3 The transaction was executed in multiple trades at prices ranging from $81.01 to $81.34. 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.
F4 The transaction was executed in multiple trades at prices ranging from $82.00 to $82.01. 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.
F5 This information is based on a plan statement as of April 30, 2025.
F6 The option was granted under the company's 2013 Stock Incentive Plan and vested in four equal annual installments beginning on the first anniversary of the grant date.