STOCK TITAN

[Form 4] SCHWAB CHARLES CORP Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Frank C. Herringer, a director of Schwab Charles Corp (SCHW), reported awards received on 10/01/2025. He was granted 224 restricted stock units (RSUs) under the Directors' Deferred Compensation Plan II, held in a rabbi trust and payable when he leaves the board; the filing notes those RSUs were issued in lieu of cash director fees. The report also shows a nonqualified stock option for 921 shares with an exercise price of $92.25, exercisable immediately and expiring on 10/01/2035, which was likewise issued in lieu of cash fees. The filing discloses total beneficial ownership following the transactions of 149,911.14 shares and that the RSU total includes 420.79 RSUs acquired through dividend reinvestment.

Frank C. Herringer, un direttore di Schwab Charles Corp (SCHW), ha riferito premi ricevuti il 10/01/2025. Gli è stato concesso 224 restricted stock units (RSUs) nell'ambito del Directors' Deferred Compensation Plan II, detenute in un rabbi trust e pagabili quando lascia il consiglio; la pratica segnala che tali RSU sono stati emessi in luogo di onorari in contanti. Il rapporto mostra anche una opzione azionaria non qualificata per 921 azioni con prezzo di esercizio di $92.25, esercitabile immediatamente e con scadenza il 10/01/2035, che è stata anch'essa emessa in luogo di compensi in contanti. Il fascicolo dichiara la proprietà beneficiaria totale dopo le transazioni di 149.911,14 azioni e che il totale delle RSU include 420,79 RSU acquisite tramite reinvestimento dei dividendi.

Frank C. Herringer, un director de Schwab Charles Corp (SCHW), reportó premios recibidos el 01/10/2025. Se le concedieron 224 unidades restringidas de acciones (RSUs) bajo el Directors' Deferred Compensation Plan II, mantenidas en un fideicomiso rabbi y pagaderas cuando deje la junta; el informe señala que esas RSU se emitieron en lugar de honorarios de director en efectivo. El informe también muestra una opción de acciones no calificadas para 921 acciones con un precio de ejercicio de $92.25, exercitable inmediatamente y con vencimiento el 01/10/2035, que también se emitió en lugar de honorarios en efectivo. El informe revela la propiedad beneficiosa total tras las transacciones de 149,911.14 acciones y que el total de RSU incluye 420.79 RSU adquiridas mediante reinversión de dividendos.

Frank C. Herringer는 Schwab Charles Corp (SCHW)의 이사이며, 2025-10-01에 수상 내역을 보고했습니다. 그는 Directors' Deferred Compensation Plan II에 따라 224개의 제한 주식 단위(RSUs)를 부여받았으며, 이는 라비 트러스트에 보관되고 이사회에서 물러날 때 지급됩니다. 보고서는 이 RSUs가 현금 이사 수수료 대신 발행된 것이라고 명시합니다. 보고서는 또한 921주에 대한 비자격 주식 옵션이 있으며 행사가격은 $92.25, 즉시 행사 가능하고 만료일은 2035-10-01이며, 현금 수수료 대신 발행된 것이라고 밝힙니다. 이 보고서는 거래 후 총 수혜 소유가 149,911.14주이고 RSU 총계에 420.79RSU가 배당 재투자를 통해 취득되었음을 밝힙니다.

Frank C. Herringer, un administrateur de Schwab Charles Corp (SCHW), a déclaré des récompenses reçues le 01/10/2025. Il a reçu 224 unités d’actions restreintes (RSU) dans le cadre du Directors' Deferred Compensation Plan II, détenues dans un rabbi trust et PAYABLE lorsqu'il quittera le conseil; le dossier indique que ces RSU ont été émises à la place de frais de directeur en espèces. Le rapport montre également une option d’achat d’actions non qualifiée pour 921 actions avec un prix d’exercice de $92,25, exerçable immédiatement et arrivant à échéance le 01/10/2035, qui a également été émise à la place de frais en espèces. Le dossier révèle la propriété bénéficiaire totale après les transactions de 149 911,14 actions et que le total des RSU inclut 420,79 RSU acquises par réinvestissement des dividendes.

Frank C. Herringer, ein Direktor von Schwab Charles Corp (SCHW), meldete Auszeichnungen, die am 01.10.2025 erhalten wurden. Ihm wurden 224 eingeschränkte Aktieneinheiten (RSUs) im Rahmen des Directors' Deferred Compensation Plan II gewährt, die in einem Rabbi-Trust gehalten werden und fällig sind, wenn er das Board verlässt; der Bericht vermerkt, dass diese RSUs anstelle von Barvorständen ausgegeben wurden. Der Bericht zeigt zudem eine nicht qualifizierte Aktienoption für 921 Aktien mit einem Ausübungspreis von $92,25, sofortigen Ausübungsrechten und Ablauf am 01.10.2035, die ebenfalls anstelle von Barvergütungen ausgestellt wurde. Der Bericht gibt das gesamte wirtschaftliche Eigentum nach den Transaktionen von 149.911,14 Aktien an und dass die RSU-Gesamtmenge 420,79 RSU umfasst, die durch Dividendene reinvestition erworben wurden.

فرانك سي. هريغرينغر، مدير في Schwab Charles Corp (SCHW)، قدم تقارير عن الجوائز التي تلقاها في 01/10/2025. وقد مُنِحت له 224 وحدة أسهم مقيدة (RSUs) بموجب خطة تعويض المدير المؤجل II، محتفظ بها في صندوق rabbi وتستحق الدفع عند مغادرته المجلس؛ يلاحظ الملف أن هذه RSUs قد صدرت بدلاً من أتعاب المدير النقدية. كما يظهر التقرير خيار أسهم غير مؤهل لـ 921 سهماً بسعر تنفيذ $92.25، قابل لتنفيذه فوراً وتنتهي صلاحيته في 01/10/2035، والذي صدر أيضاً بدلاً من أتعاب نقدية. يكشف الملف عن الملكية الفعليّة الإجمالية بعد المعاملات بـ 149,911.14 سهماً وأن مجموع RSUs يشمل 420.79 RSUs التي تم الحصول عليها من خلال إعادة استثمار الأرباح.

Frank C. Herringer,Schwab Charles Corp (SCHW) 的董事,在2025/10/01报告了获得的奖励。他在 Directors' Deferred Compensation Plan II 下获批 224 个受限股票单位 (RSUs),这些 RSU 保存于 rabbi 信托中,等他离开董事会时给付;文件指出这些 RSU 是以现金董事费的替代形式发行的。报告还显示一个 921 股的非合格股票期权,行权价为 $92.25,可立即行权,期限至 2035/10/01,同样是以现金费用的替代形式发行。文件披露交易后的总受益所有权为 149,911.14 股,并且 RSU 总数 包括 420.79 RSU 通过股息再投资获得。

Positive
  • 224 RSUs granted under the Directors' Deferred Compensation Plan II, aligning director pay with shareholder outcomes
  • RSUs are held in a rabbi trust, preserving deferred tax treatment and protecting benefits for the director
  • 921-share option vests immediately, giving the reporting person full exercise rights on grant
  • RSU holdings include 420.79 shares acquired through dividend reinvestment, increasing stake without cash outlay
Negative
  • None.

Insights

Director received routine equity compensation: 224 RSUs and a 921-share option.

These grants were issued under the company's Directors' Deferred Compensation Plan II and were paid in lieu of cash director fees, indicating the company uses equity to compensate board members. The RSUs are held in a rabbi trust and will be distributed when the director leaves the board, preserving deferred taxation and aligning long-term interests.

The 921-share nonqualified option vests immediately and expires on 10/01/2035, converting to common stock at an exercise price of $92.25. Immediate vesting of a director option is notable as it gives the holder full exercise rights upon grant; the filing states it was granted in lieu of cash fees.

Frank C. Herringer, un direttore di Schwab Charles Corp (SCHW), ha riferito premi ricevuti il 10/01/2025. Gli è stato concesso 224 restricted stock units (RSUs) nell'ambito del Directors' Deferred Compensation Plan II, detenute in un rabbi trust e pagabili quando lascia il consiglio; la pratica segnala che tali RSU sono stati emessi in luogo di onorari in contanti. Il rapporto mostra anche una opzione azionaria non qualificata per 921 azioni con prezzo di esercizio di $92.25, esercitabile immediatamente e con scadenza il 10/01/2035, che è stata anch'essa emessa in luogo di compensi in contanti. Il fascicolo dichiara la proprietà beneficiaria totale dopo le transazioni di 149.911,14 azioni e che il totale delle RSU include 420,79 RSU acquisite tramite reinvestimento dei dividendi.

Frank C. Herringer, un director de Schwab Charles Corp (SCHW), reportó premios recibidos el 01/10/2025. Se le concedieron 224 unidades restringidas de acciones (RSUs) bajo el Directors' Deferred Compensation Plan II, mantenidas en un fideicomiso rabbi y pagaderas cuando deje la junta; el informe señala que esas RSU se emitieron en lugar de honorarios de director en efectivo. El informe también muestra una opción de acciones no calificadas para 921 acciones con un precio de ejercicio de $92.25, exercitable inmediatamente y con vencimiento el 01/10/2035, que también se emitió en lugar de honorarios en efectivo. El informe revela la propiedad beneficiosa total tras las transacciones de 149,911.14 acciones y que el total de RSU incluye 420.79 RSU adquiridas mediante reinversión de dividendos.

Frank C. Herringer는 Schwab Charles Corp (SCHW)의 이사이며, 2025-10-01에 수상 내역을 보고했습니다. 그는 Directors' Deferred Compensation Plan II에 따라 224개의 제한 주식 단위(RSUs)를 부여받았으며, 이는 라비 트러스트에 보관되고 이사회에서 물러날 때 지급됩니다. 보고서는 이 RSUs가 현금 이사 수수료 대신 발행된 것이라고 명시합니다. 보고서는 또한 921주에 대한 비자격 주식 옵션이 있으며 행사가격은 $92.25, 즉시 행사 가능하고 만료일은 2035-10-01이며, 현금 수수료 대신 발행된 것이라고 밝힙니다. 이 보고서는 거래 후 총 수혜 소유가 149,911.14주이고 RSU 총계에 420.79RSU가 배당 재투자를 통해 취득되었음을 밝힙니다.

Frank C. Herringer, un administrateur de Schwab Charles Corp (SCHW), a déclaré des récompenses reçues le 01/10/2025. Il a reçu 224 unités d’actions restreintes (RSU) dans le cadre du Directors' Deferred Compensation Plan II, détenues dans un rabbi trust et PAYABLE lorsqu'il quittera le conseil; le dossier indique que ces RSU ont été émises à la place de frais de directeur en espèces. Le rapport montre également une option d’achat d’actions non qualifiée pour 921 actions avec un prix d’exercice de $92,25, exerçable immédiatement et arrivant à échéance le 01/10/2035, qui a également été émise à la place de frais en espèces. Le dossier révèle la propriété bénéficiaire totale après les transactions de 149 911,14 actions et que le total des RSU inclut 420,79 RSU acquises par réinvestissement des dividendes.

Frank C. Herringer, ein Direktor von Schwab Charles Corp (SCHW), meldete Auszeichnungen, die am 01.10.2025 erhalten wurden. Ihm wurden 224 eingeschränkte Aktieneinheiten (RSUs) im Rahmen des Directors' Deferred Compensation Plan II gewährt, die in einem Rabbi-Trust gehalten werden und fällig sind, wenn er das Board verlässt; der Bericht vermerkt, dass diese RSUs anstelle von Barvorständen ausgegeben wurden. Der Bericht zeigt zudem eine nicht qualifizierte Aktienoption für 921 Aktien mit einem Ausübungspreis von $92,25, sofortigen Ausübungsrechten und Ablauf am 01.10.2035, die ebenfalls anstelle von Barvergütungen ausgestellt wurde. Der Bericht gibt das gesamte wirtschaftliche Eigentum nach den Transaktionen von 149.911,14 Aktien an und dass die RSU-Gesamtmenge 420,79 RSU umfasst, die durch Dividendene reinvestition erworben wurden.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
HERRINGER FRANK C

(Last) (First) (Middle)
3000 SCHWAB WAY

(Street)
WESTLAKE TX 76262

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SCHWAB CHARLES CORP [ SCHW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 10/01/2025 A 224(2) (3) (3) Common Stock 224 (4) 149,911.14(5) D
Nonqualified Stock Option (right to buy) $92.25 10/01/2025 A 921 10/01/2025(6) 10/01/2035 Common Stock 921 (7) 921 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a right to receive one share of company stock.
2. 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.
3. 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.
4. The RSUs were received in lieu of cash compensation otherwise payable as director fees.
5. Includes 420.79 RSUs acquired through dividend reinvestment.
6. The option was received pursuant to the Plan and vests immediately.
7. The option was received in lieu of cash compensation otherwise payable as director fees.
Remarks:
/s/ P. Blake Allen, Attorney-in-fact 10/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did SCHW director Frank C. Herringer receive on 10/01/2025?

He received 224 RSUs under the Directors' Deferred Compensation Plan II and a nonqualified option for 921 shares with a $92.25 exercise price.

Are the RSUs immediately payable to the director?

No. The RSUs are held in a rabbi trust and are distributed to the reporting person when he leaves the Board of Directors.

What are the terms of the stock option reported on the Form 4?

The option covers 921 shares, vests immediately, has an exercise price of $92.25, and expires on 10/01/2035.

How many shares does the reporting person beneficially own after the transaction?

The filing reports 149,911.14 shares beneficially owned following the reported transactions.

Were any RSUs acquired through dividend reinvestment?

Yes. The filing states it includes 420.79 RSUs acquired through dividend reinvestment.
Schwab (CHARLES) Corp. (The)

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