Brown Marianne Catherine 4

What Happened

• Marianne Catherine Brown, a director of Charles Schwab Corp (SCHW), received equity awards on 2026-05-26: 1,602 restricted stock units (RSUs) and a 3,977-unit derivative award. Both transactions are reported as acquisitions at $0.00 (typical for grants), for a combined 5,579 units.
• The filing’s footnotes state the 1,602 units are RSUs granted under the company’s 2022 Stock Incentive Plan. The 3,977-unit derivative is described in the footnotes as an option grant under the same plan. Both awards vest 25% on the first and second anniversaries and 50% on the third anniversary of the grant date.

Key Details

• Transaction date: May 26, 2026; filing date: May 27, 2026 (Form 4 filed the next day, which is timely).
• Reported acquisition price: $0.00 (grant/award).
• Total units granted: 1,602 RSUs + 3,977 derivative units = 5,579 units.
• Vesting: 25% after year 1, 25% after year 2, 50% after year 3 (per footnotes).
• Shares owned after transaction: not specified in the summary details provided.
• Filing notes: Footnote F1 describes RSUs; F2 describes the option grant. No indication of a sale, 10b5-1 plan, tax withholding, or late filing in this report.

Context

• These awards are compensation grants, not open-market purchases or sales. RSUs and option grants typically do not convert into owned shares until they vest (or are exercised, in the case of options), so they do not represent immediate stock purchases.
• Such director compensation is common and reflects long-term incentive pay rather than a direct statement of the director’s short-term market view.