Schwab (SCHW) director granted 1,286 nonqualified stock options as board fees

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Charles A. Ruffel, a director at Schwab Charles Corp (SCHW), received a grant of 1,286 nonqualified stock options on April 1, 2026, as part of his board compensation. These options, which vested immediately, allow him to purchase shares at an exercise price of $92.36 per share and were issued under the Directors’ Deferred Compensation Plan II in lieu of cash fees. This transaction is categorized as a compensation-related award rather than an open-market stock purchase or sale.

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