STOCK TITAN

[Form 4] The Charles Schwab Corporation Insider Trading Activity

Filing Impact
(Neutral)
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(Neutral)
Form Type
4
Rhea-AI Filing Summary

Charles Schwab Chief Risk Officer Nigel J. Murtagh reported significant insider trading activity on June 18, 2025. The transactions involved:

  • Exercise of 20,872 nonqualified stock options at a strike price of $42.99
  • Immediate sale of all exercised shares at an average price of $90.0089 per share
  • The sale was executed under a pre-established Rule 10b5-1 trading plan from November 23, 2024

Following these transactions, Murtagh's holdings include 58,999 shares held directly and 2,374 shares held indirectly through an ESPP. The exercised options were granted under the 2013 Stock Incentive Plan and had completely vested in four annual installments. The options were set to expire on March 1, 2027, but were exercised well before expiration.

Nigel J. Murtagh, Chief Risk Officer di Charles Schwab, ha segnalato un'attività significativa di insider trading il 18 giugno 2025. Le operazioni hanno riguardato:

  • l'esercizio di 20.872 opzioni azionarie non qualificate con un prezzo di esercizio di 42,99 $
  • la vendita immediata di tutte le azioni esercitate a un prezzo medio di 90,0089 $ per azione
  • la vendita è stata eseguita secondo un piano di trading predefinito conforme alla Regola 10b5-1, stabilito il 23 novembre 2024

Dopo queste operazioni, Murtagh detiene 58.999 azioni direttamente e 2.374 azioni indirettamente tramite un ESPP. Le opzioni esercitate sono state concesse nell'ambito del Piano di Incentivi Azionari 2013 e si erano completamente maturate in quattro rate annuali. Le opzioni sarebbero scadute il 1° marzo 2027, ma sono state esercitate ben prima della scadenza.

Nigel J. Murtagh, Director de Riesgos de Charles Schwab, informó una actividad significativa de operaciones internas el 18 de junio de 2025. Las transacciones involucraron:

  • El ejercicio de 20,872 opciones sobre acciones no calificadas con un precio de ejercicio de $42.99
  • La venta inmediata de todas las acciones ejercidas a un precio promedio de $90.0089 por acción
  • La venta se realizó bajo un plan de negociación preestablecido conforme a la Regla 10b5-1, fechado el 23 de noviembre de 2024

Después de estas transacciones, Murtagh posee 58,999 acciones directamente y 2,374 acciones indirectamente a través de un ESPP. Las opciones ejercidas fueron otorgadas bajo el Plan de Incentivos de Acciones de 2013 y se habían consolidado completamente en cuatro cuotas anuales. Las opciones tenían fecha de vencimiento el 1 de marzo de 2027, pero fueron ejercidas mucho antes de su expiración.

찰스 슈왑 최고위험책임자 나이절 J. 머터그는 2025년 6월 18일 중대한 내부자 거래 활동을 보고했습니다. 거래 내용은 다음과 같습니다:

  • 20,872개의 비자격 주식매수선택권을 행사가격 $42.99에 행사
  • 행사한 모든 주식을 주당 평균 $90.0089에 즉시 매도
  • 매도는 2024년 11월 23일에 설정된 사전 승인된 Rule 10b5-1 거래 계획에 따라 실행

이 거래 후 머터그는 직접 보유한 58,999주와 ESPP를 통해 간접 보유한 2,374주를 보유하고 있습니다. 행사된 옵션은 2013년 주식 인센티브 계획에 따라 부여되었으며 4년간 연차별로 완전히 권리가 확정되었습니다. 옵션은 2027년 3월 1일에 만료될 예정이었으나 만료 전에 조기 행사되었습니다.

Nigel J. Murtagh, Directeur des Risques chez Charles Schwab, a signalé une activité importante d’opérations d’initiés le 18 juin 2025. Les transactions comprenaient :

  • L’exercice de 20 872 options d’achat d’actions non qualifiées à un prix d’exercice de 42,99 $
  • La vente immédiate de toutes les actions exercées à un prix moyen de 90,0089 $ par action
  • La vente a été réalisée dans le cadre d’un plan de négociation préétabli conforme à la règle 10b5-1, daté du 23 novembre 2024

Après ces opérations, Murtagh détient 58 999 actions en direct et 2 374 actions indirectement via un ESPP. Les options exercées ont été attribuées dans le cadre du Plan d’Incitation en Actions de 2013 et étaient intégralement acquises en quatre versements annuels. Les options devaient expirer le 1er mars 2027, mais ont été exercées bien avant leur échéance.

Nigel J. Murtagh, Chief Risk Officer von Charles Schwab, meldete am 18. Juni 2025 eine bedeutende Insiderhandel-Aktivität. Die Transaktionen umfassten:

  • Ausübung von 20.872 nicht qualifizierten Aktienoptionen zu einem Ausübungspreis von 42,99 $
  • sofortiger Verkauf aller ausgeübten Aktien zu einem Durchschnittspreis von 90,0089 $ pro Aktie
  • Der Verkauf erfolgte im Rahmen eines vorab festgelegten Rule 10b5-1 Handelsplans vom 23. November 2024

Nach diesen Transaktionen hält Murtagh 58.999 Aktien direkt und 2.374 Aktien indirekt über einen ESPP. Die ausgeübten Optionen wurden im Rahmen des Aktienanreizplans von 2013 gewährt und waren in vier jährlichen Raten vollständig unverfallbar. Die Optionen sollten am 1. März 2027 verfallen, wurden jedoch deutlich vor Ablauf ausgeübt.

Positive
  • None.
Negative
  • None.

Nigel J. Murtagh, Chief Risk Officer di Charles Schwab, ha segnalato un'attività significativa di insider trading il 18 giugno 2025. Le operazioni hanno riguardato:

  • l'esercizio di 20.872 opzioni azionarie non qualificate con un prezzo di esercizio di 42,99 $
  • la vendita immediata di tutte le azioni esercitate a un prezzo medio di 90,0089 $ per azione
  • la vendita è stata eseguita secondo un piano di trading predefinito conforme alla Regola 10b5-1, stabilito il 23 novembre 2024

Dopo queste operazioni, Murtagh detiene 58.999 azioni direttamente e 2.374 azioni indirettamente tramite un ESPP. Le opzioni esercitate sono state concesse nell'ambito del Piano di Incentivi Azionari 2013 e si erano completamente maturate in quattro rate annuali. Le opzioni sarebbero scadute il 1° marzo 2027, ma sono state esercitate ben prima della scadenza.

Nigel J. Murtagh, Director de Riesgos de Charles Schwab, informó una actividad significativa de operaciones internas el 18 de junio de 2025. Las transacciones involucraron:

  • El ejercicio de 20,872 opciones sobre acciones no calificadas con un precio de ejercicio de $42.99
  • La venta inmediata de todas las acciones ejercidas a un precio promedio de $90.0089 por acción
  • La venta se realizó bajo un plan de negociación preestablecido conforme a la Regla 10b5-1, fechado el 23 de noviembre de 2024

Después de estas transacciones, Murtagh posee 58,999 acciones directamente y 2,374 acciones indirectamente a través de un ESPP. Las opciones ejercidas fueron otorgadas bajo el Plan de Incentivos de Acciones de 2013 y se habían consolidado completamente en cuatro cuotas anuales. Las opciones tenían fecha de vencimiento el 1 de marzo de 2027, pero fueron ejercidas mucho antes de su expiración.

찰스 슈왑 최고위험책임자 나이절 J. 머터그는 2025년 6월 18일 중대한 내부자 거래 활동을 보고했습니다. 거래 내용은 다음과 같습니다:

  • 20,872개의 비자격 주식매수선택권을 행사가격 $42.99에 행사
  • 행사한 모든 주식을 주당 평균 $90.0089에 즉시 매도
  • 매도는 2024년 11월 23일에 설정된 사전 승인된 Rule 10b5-1 거래 계획에 따라 실행

이 거래 후 머터그는 직접 보유한 58,999주와 ESPP를 통해 간접 보유한 2,374주를 보유하고 있습니다. 행사된 옵션은 2013년 주식 인센티브 계획에 따라 부여되었으며 4년간 연차별로 완전히 권리가 확정되었습니다. 옵션은 2027년 3월 1일에 만료될 예정이었으나 만료 전에 조기 행사되었습니다.

Nigel J. Murtagh, Directeur des Risques chez Charles Schwab, a signalé une activité importante d’opérations d’initiés le 18 juin 2025. Les transactions comprenaient :

  • L’exercice de 20 872 options d’achat d’actions non qualifiées à un prix d’exercice de 42,99 $
  • La vente immédiate de toutes les actions exercées à un prix moyen de 90,0089 $ par action
  • La vente a été réalisée dans le cadre d’un plan de négociation préétabli conforme à la règle 10b5-1, daté du 23 novembre 2024

Après ces opérations, Murtagh détient 58 999 actions en direct et 2 374 actions indirectement via un ESPP. Les options exercées ont été attribuées dans le cadre du Plan d’Incitation en Actions de 2013 et étaient intégralement acquises en quatre versements annuels. Les options devaient expirer le 1er mars 2027, mais ont été exercées bien avant leur échéance.

Nigel J. Murtagh, Chief Risk Officer von Charles Schwab, meldete am 18. Juni 2025 eine bedeutende Insiderhandel-Aktivität. Die Transaktionen umfassten:

  • Ausübung von 20.872 nicht qualifizierten Aktienoptionen zu einem Ausübungspreis von 42,99 $
  • sofortiger Verkauf aller ausgeübten Aktien zu einem Durchschnittspreis von 90,0089 $ pro Aktie
  • Der Verkauf erfolgte im Rahmen eines vorab festgelegten Rule 10b5-1 Handelsplans vom 23. November 2024

Nach diesen Transaktionen hält Murtagh 58.999 Aktien direkt und 2.374 Aktien indirekt über einen ESPP. Die ausgeübten Optionen wurden im Rahmen des Aktienanreizplans von 2013 gewährt und waren in vier jährlichen Raten vollständig unverfallbar. Die Optionen sollten am 1. März 2027 verfallen, wurden jedoch deutlich vor Ablauf ausgeübt.

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*
Murtagh Nigel J

(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)
Chief Risk Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
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 06/18/2025 M 20,872 A $42.99 79,871.2306 D
Common Stock 06/18/2025 S(1) 20,872 D $90.0089(2) 58,999.2306 D
Common Stock 2,374 I by ESPP
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) $42.99 06/18/2025 M 20,872 (3) 03/01/2027 Common Stock 20,872 $0 0 D
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on November 23,2024.
2. This transaction was executed in multiple trades at prices ranging from $90.00 to $90.045. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
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/ Jeffrey E. Salvesen, Attorney-in-Fact 06/20/2025
** 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 trading activity occurred at SCHW on June 18, 2025?

Chief Risk Officer Nigel J. Murtagh exercised 20,872 stock options at $42.99 per share and subsequently sold the same number of shares at an average price of $90.0089, as part of a pre-planned Rule 10b5-1 trading plan established on November 23, 2024.

How many SCHW shares does Nigel Murtagh own after the June 2025 transactions?

After the transactions, Nigel Murtagh owns 58,999.2306 shares directly and 2,374 shares indirectly through an ESPP (Employee Stock Purchase Plan), for a total of 61,373.2306 shares.

What was the exercise price of SCHW stock options traded by the insider?

The nonqualified stock options were exercised at a price of $42.99 per share. These options were originally granted under the company's 2013 Stock Incentive Plan and had an expiration date of March 1, 2027.

Was SCHW insider Murtagh's stock sale pre-planned?

Yes, the stock sale was pre-planned through a Rule 10b5-1 trading plan that Murtagh established on November 23, 2024. This type of plan provides a safe harbor from insider trading allegations by establishing the trade parameters in advance.

What was the profit margin on SCHW insider Murtagh's June 2025 trade?

Murtagh realized approximately $47.02 per share in profit (selling at $90.0089 minus the $42.99 exercise price), resulting in a total profit of around $981,402 before taxes on the 20,872 shares traded.
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