Filing Details
- Accession Number:
- 0001062993-23-012087
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-05-24 19:38:08
- Reporting Period:
- 2023-05-22
- Accepted Time:
- 2023-05-24 19:38:08
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 316709 | Schwab Charles Corp | SCHW | Security Brokers, Dealers & Flotation Companies (6211) | 943025021 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 923738 | R. Charles Schwab | 3000 Schwab Way Westlake TX 76262 | Co-Chairman | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-05-22 | 77,640 | $22.67 | 0 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-05-22 | 77,640 | $51.76 | 59,771,278 | No | 4 | S | Indirect | by Trust |
| Common Stock | Disposition | 2023-05-23 | 22,740 | $0.00 | 59,748,538 | No | 4 | G | Indirect | by Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Indirect | by Trust |
| No | 4 | G | Indirect | by Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Nonqualified Stock Option (right to buy) | Disposition | 2023-05-22 | 77,640 | $0.00 | 77,640 | $22.67 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2023-08-01 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 30,731,256 | Indirect | by Limited Partnership |
| Common Stock | 44,025 | Indirect | by 188 Corp |
| Common Stock | 9,383,927 | Indirect | by Spouse as Trustee |
Footnotes
- Reflects the contribution of 77,640 shares received upon exercise of the option to a living trust.
- This transaction was executed in multiple trades at prices ranging from $51.66 to $51.91. 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 effected.
- The option was granted under the company's 2013 Stock Incentive Plan and vested in four equal annual installments beginning on August 1, 2014.
Billionaire Hedge Funds
