Sarin Arun 4
4 · SCHWAB CHARLES CORP · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
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
- Award
Common Stock
[F1]2026-05-26+1,602→ 12,268 total - Award
Nonqualified Stock Option (right to buy)
[F2]2026-05-26+3,977→ 3,977 totalExercise: $89.40Exp: 2036-05-26→ Common Stock (3,977 underlying)
- 23,983(indirect: By Trust)
Common Stock
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