Dea Joan 4
4 · SCHWAB CHARLES CORP · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Schwab (SCHW) Director Joan Dea Receives RSU and Derivative Award
What Happened Joan Dea, a director of Charles Schwab Corporation (SCHW), was granted equity awards on 2026-05-26: 1,602 shares (restricted stock units) and 3,977 derivative awards (reported as derivative/option), each recorded at $0.00 per share (no cash exchanged). Both awards were granted under the company's 2022 Stock Incentive Plan.
Key Details
- Transaction date: 2026-05-26; Form 4 filed 2026-05-28 (timely filing).
- Grants: 1,602 shares @ $0.00 (RSU); 3,977 derivative units/options @ $0.00 (reported as derivative).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Vesting: per footnotes, RSUs vest 25% on the first and second anniversaries and 50% on the third; the derivative/option has the same 25%/25%/50% vesting schedule.
- No sale, purchase for cash, or 10b5-1 plan noted — these are compensation awards.
Context These are standard equity compensation grants for a director, not open-market buys or sales. RSUs and option-like awards typically vest over time (as noted) and may convert to shares or become taxable on vesting; they do not by themselves indicate an intent to buy or sell stock in the market.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-26+1,602→ 28,440 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)
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