Clark Bernard J. 4
4 · SCHWAB CHARLES CORP · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Clark Bernard J.
Executive Vice President - Adv
Transactions
- Award
Common Stock
2024-03-01+80,000→ 80,000 total - Tax Payment
Common Stock
2024-03-04$66.36/sh−31,239$2,072,901→ 0 total - Award
Nonqualified Stock Option (right to buy)
2024-03-01+64,956→ 64,956 totalExercise: $66.47From: 2025-03-01Exp: 2034-03-01→ Common Stock (64,956 underlying)
Holdings
- 170,426.945(indirect: By Trust)
Common Stock
- 3,730.359(indirect: By 401(k))
Common Stock
- 670.496(indirect: by ESOP)
Common Stock
Footnotes (5)
- [F1]Shares acquired on the vesting of performance-based restricted stock units ("PBRSUs") granted under the company's 2013 Stock Incentive Plan, reflecting the achievement by the reporting person of the performance goal over a three-year performance period ended December 31, 2023.
- [F2]The company withheld shares of common stock from the reporting person to pay the tax withholding obligations related to the vesting of the PBRSUs.
- [F3]Reflects the contribution of the shares acquired on the vesting of and withholding related to the PBRSUs to a trust.
- [F4]This information is based on a plan statement as of December 31, 2023.
- [F5]The option was granted under the company's 2022 Stock Incentive Plan and vests in four equal annual installments beginning on the first anniversary of the grant date.