Charles Schwab Corp. (SCHW) exec option exercise and 2,000-share trust sale

Rhea-AI Filing Summary

Charles Schwab Corp executive Jonathan S. Beatty reported option exercises and related share movements. On January 22, 2026, he exercised a nonqualified stock option for 2,000 shares of Charles Schwab common stock at an exercise price of $46.39 per share, receiving 2,000 shares.

According to the footnotes, those 2,000 shares were contributed to a trust, and the filing also notes an additional contribution of 9,845 shares to that trust. A trust associated with him then sold 2,000 shares of common stock at a weighted average price of $105.0017 per share in multiple trades under a Rule 10b5-1 trading plan adopted on May 28, 2025. Following these transactions, he reported 33,495 shares held directly and 21,768 shares held indirectly by a trust.

Insider Trade Summary

Net Seller: 2,000 shares ($210,003)

Net Sell 3 txns

Insider Beatty Jonathan S

Role MD, Head of Advisor Services

Sold 2,000 shs ($210K)

Type	Security	Shares	Price	Value
Exercise	Nonqualified Stock Option (right to buy)	2,000	$0.00	--
Exercise	Common Stock	2,000	$46.39	$93K
Sale	Common Stock	2,000	$105.0017	$210K

Holdings After Transaction: Nonqualified Stock Option (right to buy) — 0 shares (Direct); Common Stock — 33,495 shares (Direct); Common Stock — 21,768 shares (Indirect, by Trust)

Footnotes (1)

1. Reflects the contribution of 2,000 shares received upon exercise of the option to a trust. Includes the contribution of 9,845 shares to a trust. The transaction was affected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025. This transaction was executed in multiple trades at prices ranging from $105.00 to $105.005. 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 number of shares and prices at which the transaction was affected. 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Beatty Jonathan S

(Last) (First) (Middle)

3000 SCHWAB WAY

(Street)

WESTLAKE TX 76262

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SCHWAB CHARLES CORP [ SCHW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	MD, Head of Advisor Services

3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/22/2026		M		2,000	A	$46.39	33,495(1)(2)	D
Common Stock	01/22/2026		S(3)		2,000	D	$105.0017(4)	21,768(1)	I	by Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Nonqualified Stock Option (right to buy)	$46.39	01/22/2026		M			2,000	(5)	11/01/2028	Common Stock	2,000	$0	0	D

Explanation of Responses:

1. Reflects the contribution of 2,000 shares received upon exercise of the option to a trust.

2. Includes the contribution of 9,845 shares to a trust.

3. The transaction was affected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

4. This transaction was executed in multiple trades at prices ranging from $105.00 to $105.005. 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 number of shares and prices at which the transaction was affected.

5. 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.

Remarks:

	/s/ P. Blake Allen, Attorney-in-fact	01/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who is the insider in the SCHW Form 4 filing and what is their role?

The insider is Jonathan S. Beatty, who serves as an officer of Charles Schwab Corp with the title MD, Head of Advisor Services.

What stock option transaction did Jonathan Beatty report for SCHW on January 22, 2026?

He reported exercising a nonqualified stock option for 2,000 shares of Charles Schwab common stock at an exercise price of $46.39 per share, with the option granted under the company’s 2013 Stock Incentive Plan.

How many Charles Schwab (SCHW) shares did the trust associated with Jonathan Beatty sell?

A trust associated with him sold 2,000 shares of Charles Schwab common stock at a weighted average price of $105.0017 per share in multiple trades.

Was the SCHW share sale by the trust under a Rule 10b5-1 plan?

Yes. The sale was effected under a Rule 10b5-1 trading plan that Jonathan Beatty adopted on May 28, 2025, as described in the footnotes.

How many SCHW shares does Jonathan Beatty hold directly and indirectly after these transactions?

After the reported transactions, he reported 33,495 shares held directly and 21,768 shares held indirectly by a trust.

What additional SCHW share contributions to the trust are disclosed in the Form 4 footnotes?

The footnotes state that the trust received the 2,000 shares from the option exercise and that it includes a contribution of 9,845 shares.

When does the reported SCHW stock option expire and under which plan was it granted?

The nonqualified stock option expires on November 1, 2028 and was granted under the company’s 2013 Stock Incentive Plan, vesting in four equal annual installments beginning on the first anniversary of the grant date.