Ellis Stephen A 4
4 · SCHWAB CHARLES CORP · Filed Apr 3, 2025
Insider Transaction Report
Form 4
Ellis Stephen A
Director
Transactions
- Award
Restricted Stock Units
2025-04-01+435→ 11,220.87 total→ Common Stock (435 underlying)
Footnotes (5)
- [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 36.97 RSUs acquired through dividend reinvestment.