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SCHWAB CHARLES CORP — Director's Dealing 2024
Mar 27, 2024
10451_dirs_2024-03-26_f03138a2-2dd8-465b-8563-b622b1aea122.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: 2024-03-22
Reporting Person: ADAMS JOHN K JR (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-22 | Common Stock | M | 7835 | $31.21 | Acquired | 52286 | Direct |
| 2024-03-22 | Common Stock | M | 7866 | $28.96 | Acquired | 60152 | Direct |
| 2024-03-22 | Common Stock | S | 15701 | $72.6412 | Disposed | 44451 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-22 | Nonqualified Stock Option (right to buy) | $31.21 | M | 7835 | Disposed | 2025-05-15 | Common Stock (7835) | Direct |
| 2024-03-22 | Nonqualified Stock Option (right to buy) | $28.96 | M | 7866 | Disposed | 2026-05-19 | Common Stock (7866) | Direct |
Footnotes
F1: Includes 673.8678 shares acquired through dividend reinvestment.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on August 28, 2023.
F3: The transaction was executed in multiple trades at prices ranging from $72.57 to $72.645. The price reported reflects the weighted average purchase 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 number of shares and prices at which the transaction was effected.
F4: The option was granted under the company's 2013 Stock Incentive Plan and vests 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date.