Schwab (NYSE: SCHW) awards 24,509 options to advisor services head

Rhea-AI Filing Summary

SCHWAB CHARLES CORP reported that executive Jonathan S. Beatty, Managing Director and Head of Advisor Services, received a grant of 24,509 nonqualified stock options on March 2, 2026. The options were granted at an exercise price of $0.00 per share under the company’s 2022 Stock Incentive Plan and vest in four equal annual installments starting on the first anniversary of the grant date.

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

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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^*

Beatty Jonathan S

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	MD, Head of Advisor Services

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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)	$95.49	03/02/2026		A		24,509		(1)	03/02/2036	Common Stock	24,509	$0	24,509	D

Explanation of Responses:

1. The option was granted under the company's 2022 Stock Incentive Plan and vests in four equal annual installments beginning on the first anniversary of the grant date.

Remarks:

	/s/ P. Blake Allen, Attorney-in-fact	03/04/2026
	** 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).
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FAQ

What did SCHW executive Jonathan Beatty report on this Form 4?

Jonathan S. Beatty reported receiving a grant of 24,509 nonqualified stock options. These options give him the right to buy SCHWAB CHARLES CORP shares under specified terms defined in the company’s 2022 Stock Incentive Plan and disclosed vesting schedule.

How many SCHWAB CHARLES CORP options were granted to Jonathan Beatty?

He was granted 24,509 nonqualified stock options. This entire amount was acquired in a single derivative transaction, and following the grant his reported holdings of this option award total 24,509 options, all subject to the plan’s vesting conditions.

What is the exercise price of Jonathan Beatty’s new SCHW options?

The reported exercise price for the 24,509 nonqualified stock options is $0.00 per share. That means there is no cash exercise price disclosed for this particular award, which is typical for certain stock-based compensation grants.

When do Jonathan Beatty’s SCHW stock options vest?

The options vest in four equal annual installments beginning on the first anniversary of the grant date. This means the award vests gradually over four years, aligning compensation with longer-term service and performance at SCHWAB CHARLES CORP.

Under which plan were Jonathan Beatty’s SCHW options granted?

The 24,509 nonqualified stock options were granted under SCHWAB CHARLES CORP’s 2022 Stock Incentive Plan. This plan governs key terms such as eligibility, vesting schedule, and other conditions that apply to equity awards for executives and employees.