DODDS CHRISTOPHER V 4
Research Summary
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Schwab (SCHW) Director Christopher Dodds Receives Equity Award
What Happened Christopher V. Dodds, a director of Charles Schwab Corp. (SCHW), was granted equity awards on 2026-05-26: 1,602 restricted stock units (RSUs) and a derivative award of 3,977 shares (reported as a grant). Both grants were recorded at $0.00 per share (no cash paid at grant).
Key Details
- Transaction date: 2026-05-26; Form 4 filed 2026-05-27 (timely filing).
- Grants: 1,602 RSUs and 3,977-share derivative award; grant price reported $0.00, total reported cash = $0.
- Vesting: Both awards were granted under the company’s 2022 Stock Incentive Plan. Footnote F1 (RSUs) and F2 (option/derivative) indicate vesting of 25% on the first and second anniversaries and 50% on the third anniversary of the grant.
- Shares owned after transaction: Not specified in the supplied data.
- No 10b5-1 plan, tax-withholding, or sale reported in this filing.
Context These grants are compensation awards (RSUs and a derivative/option-style award) common for directors and do not represent open-market purchases or sales. The awards vest over a multi-year schedule; until vesting (and any exercise, if applicable), they do not represent immediately tradable shares. Such grants are routine and reflect compensation rather than an immediate buy/sell signal.