Walter W. Bettinger - Mar 1, 2025 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
Co-Chairman, Director
Signature
/s/ P. Blake Allen, Attorney-in-fact
Stock symbol
SCHW
Transactions as of
Mar 1, 2025
Transactions value $
-$7,630,925
Form type
4
Date filed
3/4/2025, 08:37 PM
Previous filing
Feb 14, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Award $0 +225K +27.23% $0.00 1.05M Mar 1, 2025 Direct F1
transaction SCHW Common Stock Tax liability -$7.63M -96.5K -9.17% $79.05 956K Mar 3, 2025 Direct F2
holding SCHW Common Stock 6.6K Mar 1, 2025 by ESOP F3
holding SCHW Common Stock 4.07K Mar 1, 2025 by ESPP F3
holding SCHW Common Stock 2.54K Mar 1, 2025 by Spouse F4

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 +52.4K $0.00 52.4K Mar 3, 2025 Common Stock 52.4K $78.12 Direct F5
* 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 Includes 26.1283 shares acquired through dividend reinvestment.
F5 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.