[Form 4] SCHWAB CHARLES CORP Insider Trading Activity

Rhea-AI Filing Summary

Charles Schwab Corporation (SCHW)3,072 shares of common stock at $46.39 per share, then contributed those shares to a trust. That same day, the trust sold 3,072 shares of common stock at $98 per share under a pre-arranged Rule 10b5-1 trading plan adopted on May 28, 2025. Following these transactions, the executive directly owned 43,340 shares of Schwab common stock and the trust beneficially owned 11,923 shares, with 4,000 stock options remaining outstanding and held directly.

11/14/2025 - 07:05 PM

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).

X

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)
11/12/2025

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
Common Stock	11/12/2025		M		3,072	A	$46.39	43,340(1)	D
Common Stock	11/12/2025		S(2)		3,072	D	$98	11,923(1)	I	by Trust

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)	$46.39	11/12/2025		M			3,072	(3)	11/01/2028	Common Stock	3,072	$0	4,000	D

Explanation of Responses:

1. Reflects the contribution of 3,072 shares received upon exercise of the option to a trust.

2. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

3. The option was granted under the company's 2013 Stock Incentive Plan and vested in four equal annual installments beginning on the first anniversary of the grant date.

Remarks:

	/s/ P. Blake Allen, Attorney-in-fact	11/14/2025
	** 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.

FAQ

What insider transaction did Charles Schwab (SCHW) report in this Form 4?

The filing shows that an executive exercised a nonqualified stock option for 3,072 shares of Charles Schwab (SCHW) common stock and then those shares were contributed to a trust, which sold 3,072 shares on the same day.

At what prices were the Charles Schwab (SCHW) option exercise and share sale executed?

The executive exercised options at an exercise price of $46.39 per share and the trust sold 3,072 shares of SCHW common stock at a sale price of $98 per share on 11/12/2025.

How many Charles Schwab (SCHW) shares does the reporting person own after the transactions?

After the reported transactions, the executive directly owned 43,340 shares of Charles Schwab (SCHW) common stock and indirectly owned 11,923 shares through a trust.

What stock options remain for the Charles Schwab (SCHW) executive after this Form 4?

Following the exercise of 3,072 options, the executive held 4,000 nonqualified stock options for Charles Schwab (SCHW) common stock, with an exercise price of $46.39 and an expiration date of 11/01/2028.

Was the Charles Schwab (SCHW) share sale made under a Rule 10b5-1 plan?

Yes. The sale of 3,072 shares of Charles Schwab (SCHW) common stock by the trust was effected under a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

What is the reporting person’s role at Charles Schwab (SCHW)?

The reporting person is an officer of Charles Schwab (SCHW), serving as MD, Head of Advisor Services, and is required to report equity transactions in company securities.