Charles Schwab director receives 357 restricted stock units in equity grant

Charles Schwab Corp disclosed a director equity grant in the form of restricted stock units.

Rhea-AI Filing Summary

Charles Schwab Corp disclosed a director equity grant in the form of restricted stock units. On 01/02/2026, a director received 357 restricted stock units, each representing the right to receive one share of common stock. These units were granted under the Directors' Deferred Compensation Plan II and are held in a rabbi trust for the director’s benefit.

The RSUs were issued in lieu of cash director fees and will be distributed to the director when he leaves the Board of Directors, consistent with the plan’s terms. Following this transaction, the director beneficially owned 12,417.76 restricted stock units, which includes 35.34 RSUs acquired through dividend reinvestment in November 2025.

Insider Trade Summary

Grant/Award: 357 shares

Grant/Award 1 txn

Insider Ellis Stephen A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	357	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 12,417.76 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 35.34 RSUs acquired through dividend reinvestment in November 2025.

FAQ

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

What insider transaction did SCHW report in this Form 4 filing?

A Charles Schwab Corp director reported receiving 357 restricted stock units (RSUs) on 01/02/2026 as part of director compensation.

How many Charles Schwab (SCHW) RSUs does the director own after this grant?

After the reported transaction, the director beneficially owned 12,417.76 restricted stock units tied to Charles Schwab Corp common stock.

Under what plan were the new SCHW restricted stock units granted?

The 357 RSUs were granted under the Directors' Deferred Compensation Plan II and are held in a rabbi trust for the director’s benefit.

When will the Charles Schwab director receive the RSUs reported in this filing?

According to the filing, the RSUs are distributed to the director when he leaves the Board of Directors, in line with the plan’s terms.

Were the SCHW restricted stock units granted as cash or equity compensation?

The filing states that the RSUs were received in lieu of cash compensation that would otherwise have been paid as director fees.

How many SCHW RSUs came from dividend reinvestment for this director?

The reported beneficial ownership figure includes 35.34 RSUs that were acquired through dividend reinvestment in November 2025.

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

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Accepted by SEC EDGAR 01/06/2026 - 05:26 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^*

Ellis Stephen A

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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
Restricted Stock Units	(1)	01/02/2026		A		357(2)		(3)	(3)	Common Stock	357	(4)	12,417.76(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 35.34 RSUs acquired through dividend reinvestment in November 2025.

Remarks:

	/s/ P. Blake Allen, Attorney-in-fact	01/06/2026
	** 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.