Craig Jonathan M. 4
4 · SCHWAB CHARLES CORP · Filed Mar 4, 2025
Insider Transaction Report
Form 4
Craig Jonathan M.
MD, Head of Investor Services
Transactions
- Award
Common Stock
2025-03-01+42,409→ 42,409 total - Tax Payment
Common Stock
2025-03-03$79.05/sh−19,151$1,513,791→ 0 total - Exercise/Conversion
Common Stock
2025-03-03$42.99/sh+28,668$1,232,437→ 0 total - Sale
Common Stock
2025-03-03$79.32/sh−28,668$2,273,972→ 23,258 total(indirect: By Trust) - Award
Nonqualified Stock Option (right to buy)
2025-03-03+63,840→ 63,840 totalExercise: $78.12Exp: 2035-03-03→ Common Stock (63,840 underlying) - Exercise/Conversion
Nonqualified Stock Option (right to buy)
2025-03-03−28,668→ 9,559 totalExercise: $42.99Exp: 2027-03-01→ Common Stock (28,668 underlying)
Footnotes (8)
- [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, 2024.
- [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 revocable living trust.
- [F4]The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on October 31, 2024.
- [F5]Reflects the contribution of the shares received upon exercise of the option to a revocable living trust.
- [F6]The transaction was executed in multiple trades at prices ranging from $78.96 to $79.71. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the transfer of shares and prices at which the transaction was effected.
- [F7]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.
- [F8]The option was granted under the company's 2013 Stock Incentive Plan and vested in four equal annual installments beginning on the first anniversary of the grant date.