HERRINGER FRANK C 4
4 · SCHWAB CHARLES CORP · Filed Apr 3, 2025
Insider Transaction Report
Form 4
HERRINGER FRANK C
Director
Transactions
- Award
Restricted Stock Units
2025-04-01+266→ 148,579.01 total→ Common Stock (266 underlying) - Award
Nonqualified Stock Option (right to buy)
2025-04-01+1,078→ 1,078 totalExercise: $77.67From: 2025-04-01Exp: 2035-04-01→ Common Stock (1,078 underlying)
Footnotes (7)
- [F1]Each restricted stock unit ("RSU") represents a right to receive one share of company stock.
- [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.
- [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.
- [F4]The RSUs were received in lieu of cash compensation otherwise payable as director fees.
- [F5]Includes 508.34 RSUs acquired through dividend reinvestment.
- [F6]The option was received pursuant to the Plan and vests immediately.
- [F7]The option was received in lieu of cash compensation otherwise payable as director fees.