Carolyn Schwab-Pomerantz (SCHW) exercises options and linked trust sells 9,910 shares
Rhea-AI Filing Summary
Charles Schwab director Carolyn Schwab-Pomerantz reported an exercise-and-sale transaction involving company common stock. She exercised 9,910 shares under a nonqualified stock option at $31.65 per share, fully using this option grant under the company’s 2013 Stock Incentive Plan.
On the same date, a revocable trust associated with her indirectly sold 9,910 shares of common stock at a weighted average price of $92.2916 per share, executed in multiple trades. After these transactions, she reported 1,396,458.6599 shares held indirectly by a trust, 436,149 shares held indirectly with her spouse as trustee, 2,798 shares held indirectly by an LLC, and 9,624 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,910 shares ($914,610)
Net Sell
5 txns
Insider
Schwab-Pomerantz Carolyn
Role
Director
Sold
9,910 shs ($915K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Nonqualified Stock Option (right to buy) | 9,910 | $0.00 | -- |
| Exercise | Common Stock | 9,910 | $31.65 | $314K |
| Sale | Common Stock | 9,910 | $92.2916 | $915K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Nonqualified Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 9,624 shares (Direct);
Common Stock — 1,396,458.66 shares (Indirect, by Trust)
Footnotes (1)
- Reflects the contribution of the shares received upon exercise of the option to a revocable trust. This transaction was executed in multiple trades at prices ranging from $92.23 to $92.38. 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. This option was granted under the company's 2013 Stock Incentive Plan and vested in four annual installments beginning on the first anniversary of the grant date.
Key Figures
Shares sold: 9,910 shares
Sale price: $92.2916 per share
Options exercised: 9,910 shares
+5 more
8 metrics
Shares sold
9,910 shares
Common Stock sold indirectly by trust on 2026-05-05
Sale price
$92.2916 per share
Weighted average sale price for 9,910 shares
Options exercised
9,910 shares
Nonqualified Stock Option exercise on 2026-05-05
Option exercise price
$31.65 per share
Exercise price of nonqualified stock option
Indirect trust holdings
1,396,458.6599 shares
Common Stock held indirectly by trust after transactions
Spousal trust holdings
436,149 shares
Common Stock held indirectly by spouse as trustee
LLC holdings
2,798 shares
Common Stock held indirectly by LLC
Direct holdings
9,624 shares
Common Stock held directly after option exercise
Key Terms
Nonqualified Stock Option, revocable trust, weighted average sale price, 2013 Stock Incentive Plan
4 terms
Nonqualified Stock Option financial
"Nonqualified Stock Option (right to buy)"
revocable trust financial
"contribution of the shares received upon exercise of the option to a revocable trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
weighted average sale price financial
"The price reported reflects the weighted average sale price."
2013 Stock Incentive Plan financial
"This option was granted under the company's 2013 Stock Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did SCHW director Carolyn Schwab-Pomerantz report in this Form 4?
She reported exercising 9,910 nonqualified stock options at $31.65 per share and a related sale of 9,910 common shares at a weighted average price of $92.2916 through an associated trust.
At what price were the SCHW stock options exercised by Carolyn Schwab-Pomerantz?
She exercised 9,910 nonqualified stock options with an exercise price of $31.65 per share. These options were granted under the company’s 2013 Stock Incentive Plan and vested in four annual installments beginning one year after the grant date.
Were the exercised SCHW options fully used in this Form 4 transaction?
Yes. The filing shows a nonqualified stock option for 9,910 shares with an exercise price of $31.65 and a post-transaction derivative balance of 0 shares, indicating this particular option grant was fully exercised.