SCHWAB CHARLES CORP·4

May 28, 5:05 PM ET

Dea Joan 4

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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.