Director Charles A. Ruffel granted 1,280 SCHW options in lieu of fees

Rhea-AI Filing Summary

Schwab Charles Corp director Charles A. Ruffel received a grant of nonqualified stock options covering 1,280 shares of common stock. The options have an exercise price of $95.78 per share, vested immediately, and expire on July 1, 2036. According to the disclosure, the options were issued under the Directors' Deferred Compensation Plan II in lieu of cash director fees, leaving Ruffel with 1,280 options following this transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ruffel Charles A.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Nonqualified Stock Option (right to buy)	1,280	$0.00	--

Holdings After Transaction: Nonqualified Stock Option (right to buy) — 1,280 shares (Direct, null)

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.

Key Figures

Option grant size: 1,280 options Exercise price: $95.78 per share Expiration date: July 1, 2036 +2 more

5 metrics

Option grant size 1,280 options Nonqualified stock option grant to director Charles A. Ruffel

Exercise price $95.78 per share Exercise price of nonqualified stock options

Expiration date July 1, 2036 Option expiration for director grant

Shares underlying options 1,280 shares Common stock underlying the nonqualified stock options

Total options after grant 1,280 options Total derivative securities held directly after transaction

Key Terms

Nonqualified Stock Option, Directors' Deferred Compensation Plan II, in lieu of cash compensation

3 terms

Nonqualified Stock Option financial

"Nonqualified Stock Option (right to buy)"

Directors' Deferred Compensation Plan II financial

"The option was received pursuant to the Directors' Deferred Compensation Plan II"

in lieu of cash compensation financial

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 06:54 PM Accepted by SEC EDGAR 07/06/2026 - 06:54 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^*

Ruffel Charles A.

(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)
07/01/2026

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
Nonqualified Stock Option (right to buy)	$95.78	07/01/2026		A		1,280		(1)	07/01/2036	Common Stock	1,280	$0(2)	1,280	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:

	/s/ P. Blake Allen, Attorney-in-fact	07/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SCHW director Charles A. Ruffel report?

Director Charles A. Ruffel reported receiving 1,280 nonqualified stock options in Schwab Charles Corp. The grant is a compensation award, not an open-market purchase, and represents options to buy common shares at a fixed exercise price in the future.

What are the key terms of Charles A. Ruffel’s SCHW option grant?

Ruffel’s grant covers 1,280 nonqualified stock options with an exercise price of $95.78 per share. The options vested immediately and are scheduled to expire on July 1, 2036, providing a long-dated right to purchase Schwab Charles Corp common stock.

Was the SCHW option grant to Charles A. Ruffel part of his director compensation?

Yes. The filing states the option was received under the Directors' Deferred Compensation Plan II. It was granted in lieu of cash compensation otherwise payable as director fees, effectively replacing a portion of his cash board pay with equity-linked compensation.

Did Charles A. Ruffel buy or sell SCHW shares in this Form 4 filing?

The Form 4 shows an acquisition of derivative securities, not a market trade in common shares. Ruffel received 1,280 nonqualified stock options as a grant, classified as a grant or award acquisition, with no reported open-market buying or selling of SCHW stock.

How many Schwab options does Charles A. Ruffel hold after this transaction?

After the reported grant, Ruffel holds 1,280 nonqualified stock options directly, according to the filing’s post-transaction balance. These options each relate to one share of Schwab Charles Corp common stock, all under the same $95.78 exercise price and July 1, 2036 expiration.