Charles Schwab director receives 445 stock units

The award was made through the Directors' Deferred Compensation Plan II and is held in a rabbi trust for the director's benefit.

Rhea-AI Filing Summary

Charles Schwab Corp. (SCHW) director Frank C. Herringer acquired 445 restricted stock units on October 1, 2026, in lieu of cash compensation otherwise payable as director fees. Each RSU represents a right to receive one share of company stock. The RSUs are held in a rabbi trust for his benefit and are distributed when he leaves the Board of Directors. His reported resulting position was 153,636.78 RSUs, including 440.52 RSUs acquired through dividend reinvestment.

Insider Trade Summary

Grant/Award: 445 shares

Grant/Award 1 txn

Insider HERRINGER FRANK C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2, F4, F3, F5	445	--	--

Holdings After Transaction: Restricted Stock Units — 153,636.78 contracts (Direct)

Footnotes (5)

1. F1. Each restricted stock unit ("RSU") represents a right to receive one share of company stock.
2. F2. 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. F3. 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. F4. The RSUs were received in lieu of cash compensation otherwise payable as director fees.
5. F5. Includes 440.52 RSUs acquired through dividend reinvestment.

Key Figures

Restricted stock units acquired: 445 RSUs Resulting position: 153,636.78 RSUs Shares per RSU: 1 share +1 more

4 metrics

Restricted stock units acquired 445 RSUs October 1, 2026

Resulting position 153,636.78 RSUs Following the reported transaction

Shares per RSU 1 share Each RSU represents a right to receive one share of company stock

RSUs acquired through dividend reinvestment 440.52 RSUs Included in the reported resulting position

Key Terms

Restricted Stock Units, rabbi trust, Directors' Deferred Compensation Plan II, dividend reinvestment

4 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") represents a right to receive one share"

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.

rabbi trust financial

"held in a rabbi trust for the benefit of the reporting person"

A rabbi trust is a special account a company sets up to hold promised future pay for executives, like bonus or retirement money, so those employees can see there are funds earmarked for them. It matters to investors because it signals the company’s commitment to keep key people, but the money is still part of the company’s assets and can be claimed by creditors if the company goes bankrupt—think of it as a labeled jar that isn’t completely off-limits.

Directors' Deferred Compensation Plan II financial

"received pursuant to the Directors' Deferred Compensation Plan II"

dividend reinvestment financial

"440.52 RSUs acquired through dividend reinvestment"

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

FAQ

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

How many RSUs did the SCHW director receive?

Charles Schwab Corp. director Frank C. Herringer received 445 restricted stock units on October 1, 2026, in lieu of cash compensation otherwise payable as director fees. Each RSU represents a right to receive one share of company stock.

How many RSUs did Frank C. Herringer hold after the SCHW award?

His reported resulting position was 153,636.78 RSUs, including 440.52 RSUs acquired through dividend reinvestment.

How are Frank C. Herringer's SCHW RSUs held and distributed?

The RSUs are held in a rabbi trust for his benefit under the Directors' Deferred Compensation Plan II and are distributed to him when he leaves the Board of Directors.

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

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Available on EDGAR 10/05/2026 - 08:00 PM Accepted by SEC EDGAR 10/05/2026 - 08:00 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).

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 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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

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)	10/01/2026		A		445(2)		(3)	(3)	Common Stock	445	(4)	153,636.78(5)	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 440.52 RSUs acquired through dividend reinvestment.

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)