Schwab Charles Corp: director Marianne Catherine Brown received 407 shares

What happened

• Marianne Catherine Brown, director, received 407 restricted stock units (RSUs) as an award on Oct 1, 2026. The filing shows the transaction as a derivative award; no dollar value is provided.

Key details

• Transaction date: Oct 1, 2026. Filing date: Oct 5, 2026; the filing does not indicate a late filing.
• Transaction code: A (award/grant). Price/value: N/A in the filing.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: each RSU equals one share (F1); the RSUs were granted under the Directors' Deferred Compensation Plan II and are held in a rabbi trust (F2, F3); they were received in lieu of cash director fees (F4); includes 23.85 RSUs acquired through dividend reinvestment (F5).

Why it may matter

• This was a grant of RSUs (a derivative award), not a market purchase or sale.
• A filing does not show why the insider traded or why the company acted.