Charles Schwab MD Neesha Hathi Exercises Options and Sells Shares via 10b5-1 Plan

Executive Summary

On September 1, 2026, Neesha Hathi, Managing Director and Head of Wealth Advisory, Banking, and Trust at The Charles Schwab Corporation ($SCHW), executed a routine option exercise and stock sale under a pre-established Rule 10b5-1 trading plan adopted on May 29, 2026.

Transaction Details

• Derivative Exercise: Exercised 3,177 stock options expiring March 1, 2028, at a strike price of $52.05 per share.
• Open Market Sale: Sold 3,177 shares of Common Stock at a weighted average price of $109.0425 (ranging from $108.51 to $109.50) for total gross proceeds of $346,428.02.
• Net Profit Spread: Realized a pre-tax spread of approximately $56.99 per share ($181,066 total gross profit on the exercise and sale).
• Remaining Beneficial Ownership: Following the transactions, the reporting person continues to beneficially hold 5,770 shares indirectly via trust.

Market & Governance Context

• Rule 10b5-1 Trading Plan: The transaction was executed in accordance with a Rule 10b5-1 plan set up on May 29, 2026, minimizing concerns over opportunistic timing or non-public information misuse.
• Significance: Low. The transaction represents routine compensation monetization and estate/trust positioning rather than a directional signal on company fundamentals.