Charles Schwab: Hathi trust sells 5,000 shares

The Trust's reported sale was made under a Rule 10b5-1 plan adopted May 29, 2026.

Rhea-AI Filing Summary

SCHW officer Neesha Hathi, MD, Head Wealth Adv, Bnk, Tst, exercised 5,000 nonqualified stock options at an exercise price of $41.98 per share on October 1, 2026. The shares received were contributed to a trust, which sold 5,000 shares that day at a weighted average price of $97.8014 per share under a Rule 10b5-1 trading plan adopted by Hathi on May 29, 2026. After the exercise, 13,950 options remained; the trust held 5,770 shares after the sale.

Insider Trade Summary 10b5-1

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Hathi Neesha

Role MD, Head Wealth Adv, Bnk, Tst

Sold 5,000 shs ($489K)

Approx. gross sale proceeds $489K

Approx. exercise cost $210K

Type	Security	Shares	Price	Value
Exercise	Nonqualified Stock Option (right to buy) F4	5,000	$0.00	$0.00
Exercise	Common Stock F1	5,000	$41.98	$210K
Sale	Common Stock F2, F3, F1	5,000	$97.8014	$489K

Holdings After Transaction: Nonqualified Stock Option (right to buy) — 13,950 contracts (Direct); Common Stock — 0 shares (Direct); Common Stock — 5,770 shares (Indirect, by Trust)

Footnotes (4)

1. F1. Reflects the contribution of the shares received upon exercise of the option to a trust.
2. F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2026.
3. F3. This transaction was executed in multiple trades at prices ranging from $97.275 to $98.23. 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 number of shares and prices at which the transaction was affected.
4. F4. The option was granted under the company's 2013 Stock Incentive Plan and vested in four equal annual installments beginning on the first anniversary of the grant date.

Key Figures

Options exercised: 5,000 options Exercise price: $41.98 per share Shares sold by trust: 5,000 shares +4 more

7 metrics

Options exercised 5,000 options October 1, 2026

Exercise price $41.98 per share Options exercised October 1, 2026

Shares sold by trust 5,000 shares October 1, 2026

Weighted average sale price $97.8014 per share Trust sale on October 1, 2026

Multiple-trade price range $97.275 to $98.23 per share Trust sale on October 1, 2026

Options following exercise 13,950 options Reported after the October 1, 2026 exercise

Trust shares following sale 5,770 shares Reported after the October 1, 2026 sale

Key Terms

Nonqualified Stock Option, Rule 10b5-1 trading plan, weighted average sale price

3 terms

Nonqualified Stock Option financial

"Nonqualified Stock Option (right to buy)"

A nonqualified stock option (NQSO) is a company grant that gives an individual the right to buy shares at a set price but does not meet special tax rules for incentive stock options; when exercised the difference between the market price and the exercise price is treated as ordinary income for the recipient and as a tax-deductible expense for the company. It matters to investors because NQSOs affect an employee’s after-tax proceeds, the company’s reported expenses, and potential share dilution—think of it like a cash bonus that converts into stock but is taxed as regular pay when you take it.

Rule 10b5-1 trading plan regulatory

"pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average sale price financial

"reflects the weighted average sale price"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SCHW shares did Neesha Hathi's trust sell, and at what price?

The trust sold 5,000 SCHW shares on October 1, 2026, at a weighted average price of $97.8014 per share. The sale was made under a Rule 10b5-1 trading plan adopted by Hathi on May 29, 2026; the multiple trade prices ranged from $97.275 to $98.23.

How many SCHW options did Neesha Hathi exercise?

Hathi exercised 5,000 nonqualified stock options on October 1, 2026, at an exercise price of $41.98 per share. The shares received upon exercise were contributed to a trust. After the exercise, 13,950 options remained.

What stock plan covered Neesha Hathi's SCHW options?

The option was granted under the company's 2013 Stock Incentive Plan and vested in four equal annual installments beginning on the first anniversary of the grant date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 04:01 PM Accepted by SEC EDGAR 10/05/2026 - 04:01 PM Learn about SEC filing dates

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).

X

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^*

Hathi Neesha

(Last) (First) (Middle)

3000 SCHWAB WAY

(Street)

WESTLAKE TEXAS 76262

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SCHWAB CHARLES CORP [ SCHW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	MD, Head Wealth Adv, Bnk, Tst

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock	10/01/2026		M		5,000	A	$41.98	0(1)	D
Common Stock	10/01/2026		S(2)		5,000	D	$97.8014(3)	5,770(1)	I	by Trust

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
Nonqualified Stock Option (right to buy)	$41.98	10/01/2026		M			5,000	03/02/2020(4)	03/02/2030	Common Stock	5,000	$0	13,950	D

Explanation of Responses:

1. Reflects the contribution of the shares received upon exercise of the option to a trust.

2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2026.

3. This transaction was executed in multiple trades at prices ranging from $97.275 to $98.23. 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 number of shares and prices at which the transaction was affected.

4. The option was granted under the company's 2013 Stock Incentive Plan and vested in four equal annual installments beginning on the first anniversary of the grant date.

Remarks:

	/s/ P. Blake Allen, Attorney-in-fact	10/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)