Schwab (SCHW) banking chief Tyler Woulfe discloses RSU and stock option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SCHWAB CHARLES CORP reports initial holdings for MD, Chief Banking Officer Tyler A. Woulfe. The position includes 4,018 shares of common stock in the form of restricted stock units that vest in four equal annual installments beginning on the first anniversary of the grant date. Woulfe also holds a nonqualified stock option for 9,666 underlying shares of common stock at an exercise price of $95.49 per share, vesting in four equal annual installments and expiring on March 2, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Woulfe Tyler A.
Role
MD, Chief Banking Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Nonqualified Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Nonqualified Stock Option (right to buy) — 9,666 shares (Direct);
Common Stock — 4,018 shares (Direct)
Footnotes (1)
- The reported holding comprises 4,018 restricted stock units granted under the company's 2022 Stock Incentive Plan, all of which vest in four equal annual installments beginning on the first anniversary of the grant date. 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.
Key Figures
Restricted Stock Units: 4,018 shares
Stock Option Underlying Shares: 9,666 shares
Stock Option Exercise Price: $95.49 per share
+3 more
6 metrics
Restricted Stock Units
4,018 shares
Restricted stock units granted under the 2022 Stock Incentive Plan, vesting in four equal annual installments
Stock Option Underlying Shares
9,666 shares
Underlying common stock for nonqualified stock option held directly
Stock Option Exercise Price
$95.49 per share
Exercise price for nonqualified stock option on 9,666 underlying shares
Stock Option Expiration
March 2, 2036
Expiration date of nonqualified stock option granted under the 2022 Stock Incentive Plan
Common Stock RSU Holding
4,018.0000 shares
Total shares following transaction for restricted stock units classified as common stock
Option Position Size
9,666.0000 options
Total shares following transaction for nonqualified stock option position
Key Terms
Restricted stock units, Nonqualified Stock Option, 2022 Stock Incentive Plan
3 terms
Restricted stock units financial
"The reported holding comprises 4,018 restricted stock units granted under the company's 2022 Stock Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Nonqualified Stock Option financial
"The option was granted under the company's 2022 Stock Incentive Plan and vests in four equal annual installments"
2022 Stock Incentive Plan financial
"granted under the company's 2022 Stock Incentive Plan and vests in four equal annual installments"
FAQ
What insider position is reported for SCHW MD, Chief Banking Officer Tyler A. Woulfe?
Tyler A. Woulfe holds 4,018 restricted stock units of SCHWAB CHARLES CORP common stock and a nonqualified stock option
How many SCHW restricted stock units does Tyler A. Woulfe hold and how do they vest?
Tyler A. Woulfe holds 4,018 restricted stock units. These RSUs vest in four equal annual installments, beginning on the first anniversary of the grant date, under the 2022 Stock Incentive Plan.
What are the key terms of Tyler A. Woulfe’s SCHW nonqualified stock option?
Woulfe’s nonqualified stock option covers 9,666 underlying shares of SCHW common stock, with an exercise price of $95.49 per share and an expiration date of March 2, 2036.
Does the SCHW Form 3 for Tyler A. Woulfe show any insider buying or selling?
No insider buying or selling is reported. The Form 3 lists holdings only: 4,018 restricted stock units and a nonqualified stock option over 9,666 underlying shares, with no buy or sell transactions.
Under which plan were Tyler A. Woulfe’s SCHW equity awards granted?
Both the 4,018 restricted stock units and the nonqualified stock option over 9,666 shares were granted under SCHWAB CHARLES CORP’s 2022 Stock Incentive Plan, with vesting in four equal annual installments.