Richard A. Wurster - Mar 1, 2025 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
President
Signature
/s/ P. Blake Allen, Attorney-in-fact
Stock symbol
SCHW
Transactions as of
Mar 1, 2025
Transactions value $
-$2,735,589
Form type
4
Date filed
3/4/2025, 08:40 PM
Previous filing
Oct 28, 2024
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 +92.8K +67.35% $0.00 231K Mar 1, 2025 Direct F1
transaction SCHW Common Stock Tax liability -$2.74M -34.6K -15.01% $79.05 196K Mar 3, 2025 Direct F2
holding SCHW Common Stock 4.33K 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 +231K $0.00 231K Mar 3, 2025 Common Stock 231K $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.