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SCHWAB CHARLES CORP·4

May 27, 8:49 PM ET

SNEED PAULA A 4

4 · SCHWAB CHARLES CORP · Filed May 27, 2026

Research Summary

AI-generated summary of this filing

Updated

SCHW Director Paula Sneed Receives Restricted Stock Award

What Happened Paula A. Sneed, a director of Charles Schwab Corp (SCHW), received equity awards on 2026-05-26: 1,602 shares reported as a grant and 3,977 units reported as a derivative grant. Both awards were granted at $0.00 (no cash paid at grant). Footnotes state these awards were granted under the company’s 2022 Stock Incentive Plan and include multi-year vesting.

Key Details

  • Transaction date: 2026-05-26; filing date: 2026-05-27 (Form 4 accession 0001193024-26-000002) — filed within the typical two-business-day window.
  • Reported items: 1,602 shares (grant, code A) and 3,977 derivative awards (code A) at $0.00 per share.
  • Vesting: Footnotes indicate a 3-year schedule — 25% vests on the first and second anniversaries, and 50% vests on the third anniversary.
  • Plan: Grants made under the Charles Schwab 2022 Stock Incentive Plan.
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Exhibit: Exhibit 24 (Power of Attorney) attached to the filing.

Context These are time‑based equity grants (restricted stock / RSU-type awards) that vest over three years and do not represent an immediate sale or purchase of shares. They are compensation or service awards for board service and do not by themselves indicate insider buying or selling sentiment.

Insider Transaction Report

Form 4
Period: 2026-05-26
SCHWAB CHARLES CORPSCHW
SNEED PAULA A
Director
Transactions
  • Award

    Common Stock

    [F1]
    2026-05-26+1,602→ 9,675 total
  • Award

    Nonqualified Stock Option (right to buy)

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

  • Common Stock

    (indirect: By Trust)
    96,974.161
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

3 files