AI assistant
SCHWAB CHARLES CORP — Director's Dealing 2024
Apr 24, 2024
10451_dirs_2024-04-23_ec6acbcd-0dd7-480e-8a00-a50b752d793a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SCHWAB CHARLES CORP (SCHW)
CIK: 0000316709
Period of Report: 2024-04-19
Reporting Person: Ellis Stephen A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-19 | Common Stock | M | 10511 | $25.01 | Acquired | 7395 | Direct |
| 2024-04-19 | Common Stock | M | 2185 | $27.32 | Acquired | 7395 | Direct |
| 2024-04-19 | Common Stock | M | 2054 | $28.79 | Acquired | 7395 | Direct |
| 2024-04-19 | Common Stock | S | 14750 | $73.205 | Disposed | 108574.2588 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-19 | Nonqualified Stock Option (right to buy) | $25.01 | M | 10511 | Disposed | 2024-05-19 | Common Stock (10511) | Direct |
| 2024-04-19 | Nonqualified Stock Option (right to buy) | $27.32 | M | 2185 | Disposed | 2024-07-01 | Common Stock (2185) | Direct |
| 2024-04-19 | Nonqualified Stock Option (right to buy) | $28.79 | M | 2054 | Disposed | 2024-10-01 | Common Stock (2054) | Direct |
Footnotes
F1: Reflects the contribution of 10,511 shares received upon exercise of the option to a revocable trust.
F2: Reflects the contribution of 2,185 shares received upon exercise of the option to a revocable trust.
F3: Reflects the contribution of 2,054 shares received upon exercise of the option to a revocable trust.
F4: The transaction was executed in multiple trades at prices ranging from $73.12 to $73.26. 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: Reflects the contribution of 14,750 shares received upon exercise of options to a revocable trust.
F6: 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.
F7: The option was received pursuant to the Directors' Deferred Compensation Plan II and vested immediately.