FRANK C. HERRINGER - 21 Apr 2025 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
21 Apr 2025
Transactions value $
$51.94
Form type
4
Filing time
22 Apr 2025, 21:28:36 UTC
Previous filing
03 Apr 2025
Next filing
29 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Options Exercise $266,783 +8,548 +1303% $31.21 9,204 21 Apr 2025 Direct F1
transaction SCHW Common Stock Sale $-266,731 -3,592 -2.04% $74.26 172,162 21 Apr 2025 by Trust F2
holding SCHW Common Stock 50,625 21 Apr 2025 by Spouse

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 -8,548 -100% $0.000000 0 21 Apr 2025 Common Stock 8,548 $31.21 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the contribution of the shares received upon exercise of the option to a revocable trust.
F2 The transaction was executed in multiple trades at prices ranging from $74.23 to $74.29. 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.
F3 The option was granted under the company's 2013 Stock Incentive Plan and vested 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date.