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SCHWAB CHARLES CORP — Director's Dealing 2024
Apr 4, 2024
10451_dirs_2024-04-03_6a6b0451-023a-4113-a8a5-9bfc4cc98443.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SCHWAB CHARLES CORP (SCHW)
CIK: 0000316709
Period of Report: 2024-04-01
Reporting Person: Masrani Bharat (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-01 | Restricted Stock Units | $ | A | 415 | Acquired | Common Stock (415) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a right to receive one share of company stock.
F2: The RSUs were received pursuant to the Directors' Deferred Compensation Plan II (the "Plan") and are held in a rabbi trust for the benefit of the reporting person pursuant to the terms of the Plan.
F3: The RSUs are held in a rabbi trust for the benefit of the reporting person and are distributed to the reporting person when he leaves the Board of Directors.
F4: The RSUs were received in lieu of cash compensation otherwise payable as director fees.
F5: Includes 22.75 RSUs acquired through dividend reinvestment.