Charles Schwab (SCHW) director reports 1,317 nonqualified stock options grant

Rhea-AI Filing Summary

Charles Schwab Corporation director reports new stock option grant. A company director filed a Form 4 disclosing receipt of a nonqualified stock option to buy 1,317 shares of Schwab common stock on 01/02/2026 at an exercise price of $101.57 per share. The option was granted under the Directors' Deferred Compensation Plan II, vested immediately on the grant date, and is scheduled to expire on 01/02/2036. The filing states the option was received in lieu of cash compensation otherwise payable as director fees and is held as a direct ownership position.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ruffel Charles A.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Nonqualified Stock Option (right to buy)	1,317	$0.00	--

Holdings After Transaction: Nonqualified Stock Option (right to buy) — 1,317 shares (Direct)

Footnotes (1)

1. The option was received pursuant to the Directors' Deferred Compensation Plan II and vested immediately. The option was received in lieu of cash compensation otherwise payable as director fees.

Form 4 Insider Transactions: What Each Field Means →

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^*

Ruffel Charles A.

(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)
01/02/2026

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
Nonqualified Stock Option (right to buy)	$101.57	01/02/2026		A		1,317		01/02/2026(1)	01/02/2036	Common Stock	1,317	(2)	1,317	D

Explanation of Responses:

1. The option was received pursuant to the Directors' Deferred Compensation Plan II and vested immediately.

2. The option was received in lieu of cash compensation otherwise payable as director fees.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ P. Blake Allen, Attorney-in-fact	01/06/2026
	** 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.

FAQ

What insider transaction did SCHW disclose in this Form 4 filing?

A director of Charles Schwab Corporation (SCHW) reported receiving a nonqualified stock option to purchase 1,317 shares of Schwab common stock on 01/02/2026.

What is the exercise price of the new Charles Schwab (SCHW) stock options?

The nonqualified stock option reported for the director has an exercise price of $101.57 per share.

When do the reported SCHW director stock options vest and expire?

According to the filing, the option vested immediately on 01/02/2026 and is scheduled to expire on 01/02/2036.

Why did the Charles Schwab director receive these stock options instead of cash?

The filing states the option was received pursuant to the Directors' Deferred Compensation Plan II in lieu of cash compensation otherwise payable as director fees.

How many derivative securities does the SCHW director beneficially own after this transaction?

Following the reported transaction, the director beneficially owns 1,317 nonqualified stock options, held as direct (D) ownership.

What type of security underlies the reported Charles Schwab stock option grant?

The derivative security is a nonqualified stock option, and the underlying security is Charles Schwab common stock covering 1,317 shares.