Charles Schwab (SCHW) director granted RSUs and options in new equity awards

Rhea-AI Filing Summary

Charles Schwab director Marianne Catherine Brown received new equity awards as part of her compensation. She acquired 1,602 shares of common stock through a grant of restricted stock units under the company’s 2022 Stock Incentive Plan, bringing her direct holdings to 17,353 shares after the grant.

She was also granted a nonqualified stock option covering 3,977 shares of common stock at an exercise price of $89.40 per share, expiring on May 26, 2036. Both the restricted stock units and the option vest 25% on the first and second anniversaries of the grant date and 50% on the third anniversary.

Insights

Equity Compensation Analyst

Routine director equity awards, no open-market buying or selling.

Director Marianne Catherine Brown received grants of restricted stock units and stock options in Charles Schwab under the 2022 Stock Incentive Plan. These are compensation-related awards, not market purchases, and therefore carry limited signaling value about her view of the stock.

The equity grants include 1,602 restricted stock units and options for 3,977 shares at an exercise price of $89.40 per share, expiring in 2036. Both awards vest over three years on a 25%/25%/50% schedule, encouraging longer-term alignment with shareholders.

Following the grant, Brown directly holds 17,353 common shares plus the new option position. The filing does not show exercises or sales, only new awards, so the overall effect is to increase her potential equity exposure over time.

Insider Trade Summary

Net Buyer: 1,602 shares

Net Buy 2 txns

Insider Brown Marianne Catherine

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Nonqualified Stock Option (right to buy)	3,977	$0.00	$0.00
Grant/Award	Common Stock	1,602	$0.00	$0.00

Holdings After Transaction: Nonqualified Stock Option (right to buy) — 3,977 shares (Direct); Common Stock — 17,353 shares (Direct)

Footnotes (2)

1. F1. The reported transaction constitutes a grant of restricted stock units, which were granted under the company's 2022 Stock Incentive Plan and vest 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date.
2. F2. The option was granted under the company's 2022 Stock Incentive Plan and vests 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date

Key Figures

RSU grant size: 1,602 shares Options granted: 3,977 shares Option exercise price: $89.40 per share +3 more

6 metrics

RSU grant size 1,602 shares Restricted stock units granted on May 26, 2026

Options granted 3,977 shares Nonqualified stock option covering common stock

Option exercise price $89.40 per share Nonqualified stock option strike price

Option expiration May 26, 2036 Nonqualified stock option term end

Shares after grant 17,353 shares Total common shares directly held after RSU grant

Vesting schedule 25% / 25% / 50% RSUs and options vest over first, second, third anniversaries

Key Terms

restricted stock units, Nonqualified Stock Option, 2022 Stock Incentive Plan, vesting

4 terms

restricted stock units financial

"The reported transaction constitutes a grant of restricted stock units, which were granted under the company's 2022 Stock Incentive Plan"

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.

Nonqualified Stock Option financial

"Nonqualified Stock Option (right to buy)"

2022 Stock Incentive Plan financial

"were granted under the company's 2022 Stock Incentive Plan and vest 25% on the first and second anniversary"

vesting financial

"vest 25% on the first and second anniversary of the grant date and 50% on the third anniversary"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 05/27/2026 - 09:49 PM Accepted by SEC EDGAR 05/27/2026 - 09:49 PM Learn about SEC filing dates

FAQ

What did Marianne Catherine Brown acquire in this Charles Schwab (SCHW) Form 4 filing?

Marianne Catherine Brown received equity awards, not open-market shares. She was granted 1,602 restricted stock units in Charles Schwab common stock and a nonqualified stock option for 3,977 shares, both under the 2022 Stock Incentive Plan with multi-year vesting.

How many Charles Schwab (SCHW) shares does Marianne Catherine Brown hold after the Form 4 transactions?

After the reported grant, Brown directly holds 17,353 shares of Charles Schwab common stock. This total reflects the addition of 1,602 restricted stock units granted on the transaction date, as disclosed in the Form 4 filing, and excludes the unexercised stock options.

What are the terms of Marianne Catherine Brown’s new stock options in Charles Schwab (SCHW)?

Brown received a nonqualified stock option for 3,977 Charles Schwab shares at an exercise price of $89.40 per share. The option expires on May 26, 2036 and vests 25% on the first and second anniversaries of the grant date and 50% on the third anniversary.

How do the restricted stock units granted to Marianne Catherine Brown in SCHW vest?

The 1,602 restricted stock units vest in three steps. They vest 25% on the first anniversary of the grant date, another 25% on the second anniversary, and the remaining 50% on the third anniversary, all under Charles Schwab’s 2022 Stock Incentive Plan.

Is this Charles Schwab (SCHW) Form 4 a stock purchase or routine compensation for Marianne Catherine Brown?

The Form 4 reflects routine equity compensation, not an open-market stock purchase. Brown received restricted stock units and a nonqualified stock option as grants under the 2022 Stock Incentive Plan, classified as grant or award acquisitions rather than discretionary buying in the market.

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^*

Brown Marianne Catherine

(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)
05/26/2026

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
Common Stock	05/26/2026		A		1,602(1)	A	$0	17,353	D

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)	$89.4	05/26/2026		A		3,977		(2)	05/26/2036	Common Stock	3,977	$0	3,977	D

Explanation of Responses:

1. The reported transaction constitutes a grant of restricted stock units, which were granted under the company's 2022 Stock Incentive Plan and vest 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date.

2. The option was granted under the company's 2022 Stock Incentive Plan and vests 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date

Remarks:

	/s/ P. Blake Allen, Attorney-in-fact	05/27/2026
	** 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)