Peter J. Morgan III - Mar 1, 2025 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
General Counsel
Signature
/s/ P. Blake Allen, Attorney-in-fact
Stock symbol
SCHW
Transactions as of
Mar 1, 2025
Transactions value $
-$662,239
Form type
4
Date filed
3/4/2025, 07:53 PM
Previous filing
Jan 24, 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 +18.6K $0.00 18.6K Mar 1, 2025 Direct F1
transaction SCHW Common Stock Tax liability -$662K -8.38K -45.15% $79.05 10.2K Mar 3, 2025 Direct F2
holding SCHW Common Stock 150 Mar 1, 2025 by ESOP F3
holding SCHW Common Stock 232 Mar 1, 2025 by ESPP F3

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 +27.4K $0.00 27.4K Mar 3, 2025 Common Stock 27.4K $78.12 Direct F4
* 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 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.