secwatch.observer — SEC 8-K summary
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Issuer:     SCHWAB CHARLES CORP (SCHW)
CIK:        0000316709
Form:       8-K
Filed at:   2026-05-22T20:30:19+00:00
Accession:  0001193125-26-237020
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Charles Schwab annual meeting: board declassification proposal fails
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- All four director nominees elected; Marianne C. Brown received 1.41B for, 29.4M against.
- Ratification of Deloitte & Touche as independent auditor approved: 1.43B for, 94.1M against.
- Advisory vote on executive compensation passed: 1.33B for, 103.0M against.
- Proposal to declassify board failed (needed 80% of outstanding shares); 1.32B for, 114.9M against not enough.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/316709/000119312526237020/0001193125-26-237020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/316709/000119312526237020/d143412d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-237020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer