Schwab Charles Corp: director Stephen A. Ellis received 369 shares

What happened Stephen A. Ellis, a director, received 369 restricted stock units (RSUs) as an award under the directors' deferred compensation plan on Oct 1, 2026. The filing lists the transaction as an acquisition (A) of 369 derivative shares; no purchase price or total value is reported.

Key details

• Transaction date and price: Oct 1, 2026; price not reported (N/A).
• Filing date: Oct 5, 2026.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: each RSU equals one share (F1); RSUs were granted under Directors' Deferred Compensation Plan II and are held in a rabbi trust (F2); RSUs are distributed when he leaves the board (F3); RSUs received in lieu of cash director fees (F4); the 369 RSUs include 38.29 RSUs acquired via dividend reinvestment (F5).

Why it may matter This Form 4 reports an RSU award to a director (a derivative acquisition), not a market purchase or sale. A filing does not show why the insider traded or why the company acted.