The Charles Schwab Corporation Form 4 Filings

Schwab Charles Corp director Christopher V. Dodds reported equity awards, not open-market trades. He received 1,602 shares of Common Stock as a grant with no cash paid, increasing his directly held shares to 5,669.

He was also granted a Nonqualified Stock Option for 3,977 shares of Common Stock at an exercise price of $89.40 per share. Both the restricted stock units and the option were granted under the company’s 2022 Stock Incentive Plan and vest 25% on the first and second anniversaries of the grant date and 50% on the third anniversary.

Separately, an indirect holding entry shows 450,654 shares of Common Stock held by a trust, reflecting existing ownership reported as indirect, rather than a new transaction.

SCHWAB CHARLES CORP director Frank C. Herringer reported new equity awards and updated holdings. On May 26, 2026, he received 1,602 shares of Common Stock as a grant under the company’s 2022 Stock Incentive Plan, increasing his directly held shares to 12,268. He was also granted a nonqualified stock option for 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. Separately, indirect holdings are shown as 50,625 shares held by a spouse’s IRA and 177,508 shares held by a trust. These entries reflect compensation-related grants and existing indirect ownership rather than open-market buying or selling.

Schwab Charles Corp director Paula A. Sneed reported new equity awards in company stock. She received a grant of 1,602 shares of Common Stock in the form of restricted stock units under the company’s 2022 Stock Incentive Plan. These units vest 25% on the first and second anniversaries of the grant date and 50% on the third anniversary.

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, with the same 25/25/50 vesting schedule. After these awards, she directly holds 9,675 shares of Common Stock and indirectly holds 96,974.1605 shares through a trust. These transactions are compensation-related grants rather than open-market purchases or sales.

Stephen A. Ellis, a director of Charles Schwab, received new equity awards. He was granted 1,602 shares of Common Stock as restricted stock units at no cash cost and options on 3,977 shares with a $89.40 exercise price. Both awards were granted under the company’s 2022 Stock Incentive Plan and vest 25% on the first and second anniversaries of the grant date and 50% on the third. After these grants, Ellis directly holds 8,262 Common shares and indirectly holds 98,917.6963 shares through a trust, which includes shares acquired through dividend reinvestment.

Schwab Charles Corp director Arun Sarin reported new equity awards. He received 1,602 shares of common stock as a grant with no cash purchase price, increasing his directly held shares to 12,268. He also received a nonqualified stock option for 3,977 shares at an exercise price of $89.40 per share, all held directly.

Both the restricted stock units and the option were granted under the company’s 2022 Stock Incentive Plan and vest 25% on the first and second anniversaries of the grant date and 50% on the third anniversary. In addition, 23,983 shares are reported as held indirectly by a trust.

Charles Schwab’s latest insider report shows a large stock gift, not a market sale. A trust associated with Charles R. Schwab made a bona fide gift of 210,000 shares of Charles Schwab common stock at a reported price of $0.0000 per share. After this gift, the trust still indirectly holds 54,174,341 shares. Other indirect holdings reported as of the same date include 10,624,797.33 shares held by his spouse as trustee, 44,025 shares held by 188 Corp, and 30,209,768 shares held through a limited partnership.

Charles Schwab Corp director Joan Dea reported a bona fide gift of 835 shares of Common Stock. The shares were transferred at no stated price and are classified as a gift disposition, not a market sale. After the transaction, Dea directly holds 26,838 shares of Charles Schwab common stock.

Charles R. Schwab, Co-Chairman of Charles Schwab Corp, reported an indirect open-market sale of 27,500 shares of common stock on May 19, 2026. The shares were sold by a Limited Partnership at a weighted average price of $92.2228 per share.

The filing notes that this transaction was executed in multiple trades at prices ranging from $91.95 to $92.54. Following the sale, the Limited Partnership held 30,209,768 shares indirectly.

Additional indirect holdings reported as of that date include 10,624,797.33 shares held by his spouse as trustee, 54,384,341 shares held by a trust, and 44,025 shares held by 188 Corp.

Charles Schwab Corp Co-Chairman Charles R. Schwab reported insider activity involving indirect holdings of the company’s common stock. On May 18, 2026, a limited partnership associated with him sold 27,500 shares in an open-market sale at a weighted-average price of $92.4003 per share, leaving 30,237,268 shares held by that partnership.

On May 15, 2026, a trust associated with him transferred 5,300 shares as a bona fide gift, with 54,384,341 shares remaining in that trust afterward. Additional indirect holdings are reported as 10,624,797.33 shares held by his spouse as trustee and 44,025 shares held by 188 Corp.

Schwab Charles Corp director Arun Sarin reported an option exercise and a related share sale. He exercised 7,866 shares of Common Stock at $28.96 per share, then contributed the shares received to a revocable trust. The trust later sold 2,500 shares of Common Stock in open-market transactions at a weighted average price of $91.164 per share. Following these transactions, Sarin held 10,666 shares directly and 23,983 shares indirectly through the trust.

Charles Schwab director Carolyn Schwab-Pomerantz reported an exercise-and-sale transaction involving company common stock. She exercised 9,910 shares under a nonqualified stock option at $31.65 per share, fully using this option grant under the company’s 2013 Stock Incentive Plan.

On the same date, a revocable trust associated with her indirectly sold 9,910 shares of common stock at a weighted average price of $92.2916 per share, executed in multiple trades. After these transactions, she reported 1,396,458.6599 shares held indirectly by a trust, 436,149 shares held indirectly with her spouse as trustee, 2,798 shares held indirectly by an LLC, and 9,624 shares held directly.

Charles R. Schwab, Co-Chairman of The Charles Schwab Corporation, reported indirect open-market sales totaling 218,600 shares of common stock. The sales, executed by a limited partnership on May 4 and May 6, 2026, were at weighted average prices of $91.5043 and $92.0132 per share.

After these transactions, the limited partnership holds 30,264,768 Schwab shares indirectly. Additional indirect holdings reported include 54,389,641 shares held by a trust, 10,624,797.33 shares held by the spouse as trustee, and 44,025 shares held by 188 Corp., indicating a large remaining overall stake.

Charles Schwab & Co-Chairman Charles R. Schwab reported indirect open-market sales of 168,743 shares of SCHW common stock through trusts. The sales occurred on April 29, April 30 and May 1, at weighted average prices of $90.4920, $91.8082 and $91.8577 per share, respectively. Footnotes note each sale was executed in multiple trades within stated price ranges. After the May 1 transaction, a trust associated with Schwab held 54,389,641 shares indirectly.

Schwab Charles Corp director Frank C. Herringer reported a mix of stock option exercises and share sales. On April 28, 2026, an entity described as a trust indirectly sold 2,520 shares of common stock at a weighted average price of $90.6006 per share. Herringer also exercised nonqualified stock options to acquire 7,866 common shares at $28.96 per share, and the option grant was fully exhausted.

Following these transactions, indirect holdings through a trust were 177,508 shares, indirect holdings through a spouse were 50,625 shares, and direct holdings were 10,666 shares. A footnote states that shares received upon exercise of the option were contributed to a revocable trust, and that the sale was executed in multiple trades between $90.60 and $90.615 per share.

Charles R. Schwab, Co-Chairman of SCHWAB CHARLES CORP, reported open-market sales of 72,900 shares of common stock at weighted average prices around $90–$91. The shares are held indirectly by a trust, and after these sales the trust still holds about 55.7 million shares, alongside large additional indirect holdings through a spouse, a corporation, and a limited partnership.

Schwab Charles Corp managing director and Chief Banking Officer Paul V. Woolway exercised stock options and sold shares in pre-planned trades. He exercised options for a total of 15,883 shares of common stock at an exercise price of $52.05 per share on April 14–15, 2026.

On the same dates, 15,883 shares of common stock were sold indirectly by a trust at weighted average prices of $98.0033 and $100.0046 per share under a Rule 10b5-1 trading plan adopted on November 24, 2025. Following these transactions, Woolway holds 25,153 shares directly and additional indirect holdings through a trust, an ESPP account and family accounts.

Charles Schwab executive Jonathan M. Craig exercised options and sold shares in a planned transaction. He exercised nonqualified stock options for 21,750 shares of common stock at an exercise price of $46.81 per share, under the company’s 2013 Stock Incentive Plan.

The shares received from the option exercise were contributed to a revocable trust and then 21,750 common shares were sold by the trust at a weighted average price of $99.0035 per share. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on November 11, 2025.

Schwab Charles Corp Chief Risk Officer Nigel J. Murtagh exercised nonqualified stock options and sold the resulting shares. He exercised options for 41,297 shares of Common Stock at $52.05 per share, then sold the same 41,297 shares in open-market transactions at a weighted average price of $99.0029.

The sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025, indicating it was pre‑scheduled. After these transactions, he holds 57,972.4846 shares directly and 2,484 shares indirectly through an employee stock purchase plan.

Brown Marianne Catherine reported acquisition or exercise transactions in this Form 4 filing.

Charles Schwab director Marianne Catherine Brown received 434 Restricted Stock Units (RSUs) as a grant under the company's Directors' Deferred Compensation Plan II. Each RSU represents one share of common stock and was taken in lieu of cash director fees.

The RSUs are held in a rabbi trust for her benefit and will be distributed when she leaves the Board of Directors, deferring receipt of the shares until that time. Following this award and prior dividend reinvestments, she now holds a total of 7,823.67 RSUs.

Director Charles A. Ruffel of Schwab Charles Corp received a grant of 1,286 nonqualified stock options on April 1, 2026. Each option allows him to buy one share of common stock at an exercise price of $92.36 per share.

The options were granted under the Directors' Deferred Compensation Plan II, vested immediately, and were received in lieu of cash director fees. This is a compensation-related award rather than an open-market stock purchase or sale.

HERRINGER FRANK C reported acquisition or exercise transactions in this Form 4 filing.

Schwab Charles Corp director Frank C. Herringer reported receiving 474 restricted stock units (RSUs) on April 1, 2026. Each RSU represents a right to receive one share of Schwab common stock and was granted in lieu of cash director fees under the Directors' Deferred Compensation Plan II.

The RSUs are held in a rabbi trust for his benefit and will be distributed when he leaves the Board of Directors. Following this award and prior accruals, including 500.51 RSUs from dividend reinvestment, he holds a total of 151,757.24 RSUs directly.

Charles Schwab Corporation director Stephen A. Ellis received a grant of 393 restricted stock units (RSUs) on company stock as a compensation award. Each RSU represents the right to receive one share of common stock. The RSUs were issued under the Directors' Deferred Compensation Plan II in lieu of cash director fees and are held in a rabbi trust for his benefit, to be distributed when he leaves the Board of Directors. Following this award, Ellis holds a total of 12,851.98 RSUs, which includes 41.22 RSUs acquired through dividend reinvestment.

Charles Schwab director Stephen A. Ellis exercised stock options to acquire additional common shares. On March 24, 2026 he exercised options on 9,765 shares of Charles Schwab common stock at exercise prices of $28.38 and $28.96 per share, fully converting these option grants into shares.

Following the transactions, Ellis held 6,660 shares of common stock directly. A footnote explains that shares received upon exercise were contributed to a revocable trust, which held 97,327.5296 Charles Schwab common shares indirectly on his behalf. The filing shows only option exercises and related transfers, with no open-market share sales.

Schwab Chief Risk Officer Nigel J. Murtagh reported selling 7,203 shares of Charles Schwab common stock in open-market transactions. The sales occurred on March 3, 2026 in two trades: 4,463 shares at a weighted average price of $94.4274 and 2,740 shares at $94.8993.

The filing notes these sales were made under a Rule 10b5-1 trading plan adopted on November 25, 2025. After the transactions, Murtagh directly holds 57,972.4846 shares of Schwab common stock and indirectly holds 2,484 shares through an employee stock purchase plan, based on a plan statement as of January 30, 2026.

Charles Schwab executive Jonathan M. Craig reported preset insider sales of company stock. A trust associated with him sold a total of 14,481 shares of Charles Schwab common stock in two open-market transactions on March 3, 2026, at weighted average prices of $94.4218 and $94.8943. These sales were made under a Rule 10b5-1 trading plan adopted on November 11, 2025, and left the trust with no remaining Schwab shares.

Charles Schwab Corporation executive Dennis Howard, MD and Chief Technology, Operations & Data Officer, reported selling a total of 10,108 shares of Schwab common stock in open-market transactions on March 3, 2026. The sales were executed at weighted average prices of $94.4316 and $94.8778 per share.

The transactions were carried out under a pre-arranged Rule 10b5-l trading plan adopted on November 25, 2025. Following these sales, Howard directly owns 10,470 shares of Schwab common stock.

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.

Verdeschi Michael D reported acquisition or exercise transactions in this Form 4 filing.

Charles Schwab Corporation reported that its CFO, Michael D. Verdeschi, received a grant of nonqualified stock options covering 62,134 shares on March 2, 2026. The options were granted at no cost to him on the grant date.

The award was issued under the company’s 2022 Stock Incentive Plan and vests in four equal annual installments, beginning on the first anniversary of the grant date. This is a compensation-related equity grant rather than an open-market stock purchase or sale.

Charles Schwab’s MD and Chief Banking Officer Paul V. Woolway reported a mix of equity awards, option activity, and insider sales in company stock. Across several open-market transactions executed through a trust, he sold 22,010 shares of common stock, with prices in the mid‑$90s, under a pre‑arranged Rule 10b5‑1 trading plan. The filing also shows shares acquired from vesting of performance-based restricted stock units tied to a three-year goal period ending December 31, 2025, the exercise of a nonqualified stock option, a new stock option grant, and shares withheld to cover related tax obligations.

Charles Schwab executive Jonathan M. Craig, Managing Director and Head of Investor Services, reported equity compensation activity. He received 25,633 shares of common stock on the vesting of performance-based restricted stock units tied to a three-year performance period ending December 31, 2025, all under the company’s 2022 Stock Incentive Plan. To cover related tax withholding on this vesting, the company withheld 11,152 shares of common stock at $95.305 per share, leaving Craig with 14,481 shares of common stock held directly after these transactions. Separately, on March 2, 2026, he was granted a nonqualified stock option for 50,052 shares, which vests in four equal annual installments beginning on the first anniversary of the grant date.

Charles Schwab’s Chief Risk Officer Nigel J. Murtagh reported equity compensation activity. He was granted 30,377 nonqualified stock options on March 2, 2026, at an exercise price of $0.0000 as a grant under the 2022 Stock Incentive Plan, vesting in four equal annual installments beginning on the first anniversary of the grant date.

On March 1, 2026, he acquired 16,312 shares of common stock upon the vesting of performance-based restricted stock units tied to a three-year performance period ended December 31, 2025. The company withheld 9,109 shares at $95.3050 per share to cover related tax obligations. After these transactions, he directly owned 65,175.4846 common shares and indirectly held 2,374 common shares through an employee stock purchase plan.

Charles Schwab Corporation executive Dennis Howard reported equity awards and related tax withholding. He received 42,458 nonqualified stock options on March 2, 2026 at an exercise price of $0.00, which vest in four equal annual installments starting one year after the grant date.

On March 1, 2026, he acquired 16,312 shares of common stock upon vesting of performance-based restricted stock units tied to a three-year performance period ending December 31, 2025. The company withheld 6,204 shares at $95.305 per share to cover tax obligations, leaving him with 20,578 common shares held directly after these transactions.

Charles Schwab Corp director and Co-Chairman Charles R. Schwab reported equity compensation activity. He acquired 38,838 shares of common stock upon vesting of performance-based restricted stock units tied to a three-year performance period ending December 31, 2025.

The company withheld 15,283 shares at $95.305 per share to cover tax obligations related to this vesting. Schwab also received a grant of 72,489 nonqualified stock options, which vest in four equal annual installments starting on the first anniversary of the grant date. The filing also lists large indirect common stock holdings through a trust, a limited partnership, a corporation, and a trust where his spouse serves as trustee.

Charles Schwab Co-Chairman Walter W. Bettinger reported equity compensation transactions involving common stock and options. On March 1, 2026, he acquired 141,757 shares of common stock at $0.0000 per share through the vesting of performance-based restricted stock units tied to a three-year performance period ending December 31, 2025. On the same date, the company withheld 60,743 shares of common stock at $95.3050 per share to cover related tax obligations, a tax-withholding disposition rather than an open-market sale, leaving 81,014 shares of this award directly owned afterward. On March 2, 2026, he received a nonqualified stock option for 42,113 shares at an exercise price of $0.0000, scheduled to vest in four equal annual installments beginning on the first anniversary of the grant date. The filing also lists indirect common stock holdings through a family trust, ESOP, ESPP, and a trust where his spouse serves as trustee.

SCHWAB CHARLES CORP President & CEO Richard A. Wurster reported equity compensation changes. He received a grant of 230,411 nonqualified stock options with an exercise right to buy common shares, which vest in four equal annual installments beginning on the first anniversary of the grant date.

He also acquired 62,140 shares of common stock at no cost upon vesting of performance-based restricted stock units tied to a three-year performance period ended December 31, 2025. To cover related tax withholding, the company withheld 22,879 shares of common stock at a price of $95.305 per share. Following these transactions, he held 196,450 shares of common stock directly and 4,334 shares indirectly through an employee stock purchase plan.

Charles Schwab’s General Counsel Peter J. Morgan III reported equity compensation activity. He received a grant of 21,057 nonqualified stock options that vest in four equal annual installments and 11,263 shares of common stock from performance-based restricted stock units that vested after a three-year performance period. To cover related tax obligations, 4,311 shares of common stock were withheld by the company at $95.305 per share, resulting in updated direct and indirect share holdings.

Charles Schwab executive Jonathan S. Beatty, Managing Director and Head of Advisor Services, reported an open-market sale of 2,030 shares of common stock on February 27, 2026. The shares were sold indirectly by a trust at a weighted average price of $95.2974 per share, across multiple trades between $95.20 and $95.36.

After this transaction, the trust held 19,738 shares, and Beatty also reported 33,495 shares held directly. The filing notes that full trade details are available on request.

Charles Schwab director-linked trust reports stock sale. A trust associated with director Stephen A. Ellis sold 10,725 shares of Schwab common stock in an open-market transaction on February 26, 2026 at a weighted average price of $96.5682 per share. After this indirect sale, the trust holds 87,562.5296 shares, including 327.7634 shares acquired through dividend reinvestment.

SCHWAB CHARLES CORP executive Dennis Howard, MD and Chief Technology, Operations & Data Officer, exercised stock options and sold shares in a planned transaction. On February 25, 2026, he exercised 27,903 nonqualified stock options at $64.10 per share, receiving the same number of common shares.

That same day, he sold 27,903 common shares at a weighted average price of $95.02 per share in open-market trades executed between $95.00 and $95.09. The sale was made under a Rule 10b5-1 trading plan adopted on November 25, 2025. After these transactions, he directly owned 10,470 common shares and 84,000 options.

Charles R. Schwab, Co‑Chairman and director of Charles Schwab Corp, reported indirect sales and a gift of company common stock. On February 9, 2026, a trust associated with him made a bona fide gift of 60,000 shares at $0, leaving 55,722,729 shares held indirectly by that trust.

Also on February 9, a limited partnership associated with him sold 126,200 shares at a weighted average price of $106.5495, with 30,515,781 shares remaining indirectly held by the partnership. On February 10, 2026, the same partnership sold an additional 32,413 shares at a weighted average price of $105.5774, leaving 30,483,368 shares indirectly held.

The filing also reports indirect holdings of 44,025 shares through 188 Corp and 9,509,797.33 shares held by his spouse as trustee, with no transaction codes indicated for these positions.

Charles Schwab Co-Chairman Walter W. Bettinger reported option exercises and related share sales on February 6, 2026. A nonqualified stock option to buy 67,514 shares at $42.99 per share was exercised and fully exhausted.

The same 67,514 shares of common stock, held indirectly through a family trust, were sold at a weighted average price of $104.2521, leaving the trust with 529,346 shares. Additional indirect holdings include shares held through an ESPP, ESOP, and by the spouse, including as trustee.

Charles Schwab director Christopher V. Dodds, through a trust, reported option exercises and a share sale in Charles Schwab Corp. common stock. On February 6, 2026, a trust associated with him acquired 4,390 shares at $73, 4,703 shares at $62.66, and 2,732 shares at $51.97 upon exercising nonqualified stock options.

The trust then sold 11,825 common shares at a weighted average price of $104.5509, with individual trades ranging from $104.38 to $104.67. After these transactions, the trust held 449,406 indirect shares, while Dodds also reported 4,067 directly held shares and 2,732 remaining options under the 2022 stock incentive plan.

Charles Schwab Co-Chairman Charles R. Schwab reported indirect share sales in Charles Schwab Corporation common stock through a trust. On 02/03/2026, a trust associated with him sold 96,625 shares at a weighted average price of $103.7364 per share. On 02/04/2026, the same trust sold 67,975 shares at a weighted average price of $103.8091 per share.

After these sales, the trust held 55,782,729 shares. The filing also lists additional indirect holdings, including 30,641,981 shares held by a limited partnership, 44,025 shares held by 188 Corp, and 9,509,797.33 shares held by his spouse as trustee.

Charles Schwab Co-Chairman Walter W. Bettinger reported option exercises and related stock sales through a family trust. On February 3, 2026, nonqualified stock options with a $42.99 exercise price for 162,462 shares were exercised, followed by family trust sales of 141,033 and 21,429 common shares at weighted average prices of $103.8485 and $104.2429.

On February 4, 2026, additional options for 94,948 shares at $42.99 were exercised and the same number of shares were sold by the family trust at a weighted average price of $104.252. After these transactions, the family trust held 529,346 Schwab common shares, with further indirect holdings reported through an ESPP, ESOP, and spouse-related accounts.

Charles Schwab Corp’s General Counsel, Morgan Peter J. III, reported an option exercise and share sale. On February 2, 2026, he exercised 7,595 nonqualified stock options for common stock at an exercise price of $66.47 per share and acquired an equal number of shares.

On the same day, he sold 7,595 common shares at a weighted average price of $104.384 per share in multiple trades between $104.32 and $104.44, leaving 0 directly held common shares after the reported sale. He continues to hold 22,788 stock options directly, plus indirect holdings of 549 common shares through an ESPP and 151.331 common shares through an ESOP.

Charles R. Schwab, Co-Chairman and director of Charles Schwab Corp, reported an indirect sale of common stock through a trust. On January 29, 2026, a trust associated with him sold 145,650 shares of Charles Schwab common stock at a weighted average price of $103.1649, with individual trade prices ranging from $103.00 to $103.46.

Following this transaction, the Form 4 shows indirect beneficial ownership of 55,947,329 shares by the trust, 30,641,981 shares by a limited partnership, 44,025 shares by 188 Corp, and 9,509,797.33 shares by his spouse as trustee.

Charles R. Schwab, Co-Chairman and director of Charles Schwab Corp (SCHW), reported option exercises and related share sales through affiliated entities. On 01/26/2026, nonqualified stock options with a $26.39 exercise price were exercised for 134,895 shares, which were contributed to a living trust and then sold indirectly by the trust at a weighted average price of $103.0864 per share. On 01/28/2026, options at the same exercise price were exercised for 44,962 shares, again contributed to a living trust and sold indirectly by the trust at $103.2003 per share, with an additional trust sale of 26,475 shares at $103.2177 per share. Following these transactions, indirect holdings included 56,092,979 common shares by trust, 30,641,981 shares by a limited partnership, 44,025 shares by 188 Corp, and 9,509,797.33 shares by spouse as trustee.

Charles Schwab Corporation director Carolyn Schwab-Pomerantz reported several indirect sales of Common Stock on January 22, 2026. Trust accounts associated with her sold 19,050 shares at $105.2473, 9,525 shares at $105.1893, and 9,525 shares at $105.175, while an account held by spouse as trustee sold 4,765 shares at $105.0158.

After these transactions, a trust associated with her held 1,396,458.6599 shares, the spouse-as-trustee account held 436,149 shares, she held 9,624 shares directly, and 2,798 shares were held indirectly through an LLC. Each reported price reflects a weighted average for multiple trades within narrow ranges around $105 per share.

Charles Schwab Corp executive Jonathan S. Beatty reported option exercises and related share movements. On January 22, 2026, he exercised a nonqualified stock option for 2,000 shares of Charles Schwab common stock at an exercise price of $46.39 per share, receiving 2,000 shares.

According to the footnotes, those 2,000 shares were contributed to a trust, and the filing also notes an additional contribution of 9,845 shares to that trust. A trust associated with him then sold 2,000 shares of common stock at a weighted average price of $105.0017 per share in multiple trades under a Rule 10b5-1 trading plan adopted on May 28, 2025. Following these transactions, he reported 33,495 shares held directly and 21,768 shares held indirectly by a trust.