SCHWAB CHARLES CORP·4

May 27, 8:35 PM ET

Sarin Arun 4

4 · SCHWAB CHARLES CORP · Filed May 27, 2026

Research Summary

AI-generated summary of this filing

Updated

SCHW Director Sarin Arun Receives 5,579-Share RSU Award

What Happened
Sarin Arun, a director of Charles Schwab Corp. (SCHW), received two grants on 2026-05-26 totaling 5,579 shares: 1,602 shares (award) and 3,977 shares reported as a derivative award. Both grants are reported at $0.00 (no cash paid), and the filing lists total consideration as $0.00. These grants are awards of restricted stock units (RSUs) rather than open-market purchases or sales.

Key Details

  • Transaction date: 2026-05-26; filing date: 2026-05-27 (filing appears timely).
  • Reported amounts/prices: 1,602 shares @ $0.00 (award); 3,977 shares @ $0.00 (derivative award).
  • Shares owned following the transaction: not disclosed in the filing.
  • Footnote F1: Grants are restricted stock units under the company’s 2022 Stock Incentive Plan; vesting schedule is 25% on the 1st and 2nd anniversaries and 50% on the 3rd anniversary of the grant.
  • Footnote F2: Notes an option grant under the same 2022 plan with the same vesting schedule (included in the filing’s footnotes).

Context
These awards are compensation and will vest over time; they do not represent an immediate market purchase or sale. The “derivative” line reflects an award of equity-linked units (RSUs or similar) that convert to shares upon vesting. Such grants are common for directors and are routine corporate compensation rather than direct trading signals.

Insider Transaction Report

Form 4
Period: 2026-05-26
Sarin Arun
Director
Transactions
  • Award

    Common Stock

    [F1]
    2026-05-26+1,60212,268 total
  • Award

    Nonqualified Stock Option (right to buy)

    [F2]
    2026-05-26+3,9773,977 total
    Exercise: $89.40Exp: 2036-05-26Common Stock (3,977 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    23,983
Footnotes (2)
  • [F1]The reported transaction constitutes a grant of restricted stock units, which were granted under the company's 2022 Stock Incentive Plan and vest 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date.
  • [F2]The option was granted under the company's 2022 Stock Incentive Plan and vests 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date
Signature
/s/ P. Blake Allen, Attorney-in-fact|2026-05-27

Documents

1 file
  • 4
    wk-form4_1779928539.xmlPrimary

    FORM 4