Schwab director granted 418 RSUs
Brown Marianne Catherine reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Brown Marianne Catherine reported acquisition or exercise transactions in this Form 4 filing.
Schwab Charles Corp director Marianne Catherine Brown received a grant of 418 restricted stock units (RSUs) tied to company common stock. Each RSU represents the right to receive one share of stock. After this award, she holds a total of 8,269.36 RSUs.
The RSUs were granted under the Directors' Deferred Compensation Plan II and are held in a rabbi trust for her benefit. They were received in lieu of cash director fees and will be distributed when she leaves the Board, making this a non-cash, compensation-related award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 418 shares
Grant/Award
1 txn
Insider
Brown Marianne Catherine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 418 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 8,269.36 contracts (Direct)
Footnotes (5)
- F1. Each restricted stock unit ("RSU") represents a right to receive one share of company stock.
- 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.
- F3. The RSU s are held in a rabbi trust for the benefit of the reporting person and are distributed to the reporting person when she leaves the Board of Directors.
- F4. The RSUs were received in lieu of cash compensation otherwise payable as director fees.
- F5. Includes 27.69 RSUs acquired through dividend reinvestment.
Key Figures
RSUs granted: 418 restricted stock units
Total RSUs after grant: 8,269.36 restricted stock units
RSUs from dividend reinvestment: 27.69 restricted stock units
+2 more
5 metrics
RSUs granted
418 restricted stock units
Grant/award acquisition on 2026-07-01
Total RSUs after grant
8,269.36 restricted stock units
Holdings following the reported transaction
RSUs from dividend reinvestment
27.69 restricted stock units
Accumulated through dividend reinvestment
Transaction price per RSU
$0.0000 per unit
Equity compensation, not an open-market purchase
Underlying common shares
418 shares of common stock
One share of common stock per RSU
Key Terms
Restricted Stock Units, Directors' Deferred Compensation Plan II, rabbi trust, dividend reinvestment
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a right to receive one share of company stock."
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.
Directors' Deferred Compensation Plan II financial
"The RSUs were received pursuant to the Directors' Deferred Compensation Plan II (the "Plan")."
rabbi trust financial
"The RSUs were received pursuant to the Directors' Deferred Compensation Plan II and are 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.
dividend reinvestment financial
"Includes 27.69 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.
What insider transaction did SCHW director Marianne Brown report on this Form 4?
Director Marianne Catherine Brown reported receiving 418 restricted stock units in Schwab Charles Corp. These RSUs are a compensation award rather than an open-market trade and increase her total RSU holdings to 8,269.36 units linked to company common stock.
Are the SCHW restricted stock units a stock purchase or sale by Marianne Brown?
The 418 restricted stock units are a grant received as director compensation, not a market purchase or sale. They were issued in lieu of cash fees and held in a deferred compensation plan, so no open-market trading occurred in this transaction.
Why did Marianne Brown receive RSUs instead of cash fees from Schwab Charles Corp (SCHW)?
The filing states the RSUs were received in lieu of cash compensation otherwise payable as director fees. This means part of her board pay is delivered as equity awards, aligning compensation with company performance rather than immediate cash payments.
What additional RSUs has Marianne Brown accumulated in SCHW through dividend reinvestment?
Her total RSU holdings of 8,269.36 include 27.69 restricted stock units acquired through dividend reinvestment. This reflects dividends on prior RSU awards being automatically converted into additional units instead of being paid out in cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.
