---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-251689"
form_type: "8-K"
ticker: "SCHW"
cik: "0000316709"
company_name: "SCHWAB CHARLES CORP"
filed_at: "2026-06-01T21:00:25+00:00"
generated_at: "2026-06-01T21:04:04.376734+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Charles Schwab files Certificate of Elimination for Series I Preferred Stock

## Summary
- Filed on June 1, 2026 to eliminate the 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I.
- Effective upon filing, all matters set forth in the Certificate of Designations for Series I were removed from the charter.
- The elimination appears to be a capital structure cleanup with no financial impact disclosed.
- No associated press release; only the Certificate of Elimination (Exhibit 3.1) was filed.

## SEC filing metadata
- accession: 0001193125-26-251689
- form_type: 8-K
- ticker: SCHW
- cik: 0000316709
- company_name: SCHWAB CHARLES CORP
- filed_at: 2026-06-01T21:00:25+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/316709/000119312526251689/0001193125-26-251689-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/316709/000119312526251689/d143555d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-251689
- JSON: https://secwatch.observer/filing/0001193125-26-251689.json
- Plain text: https://secwatch.observer/filing/0001193125-26-251689.txt

## Source-grounded claims
- claim_id: 96eff36f470a2c6d3c0721c6715324fda361b17b
  claim: SCHWAB CHARLES CORP: Certificate of Elimination filed to remove all matters related to Series I Preferred Stock from the certificate of incorporation (effective 2026-06-01).
  evidence_excerpt: On June 1, 2026, The Charles Schwab Corporation (the “Company”) filed a Certificate of Elimination with the Secretary of State of the State of Delaware with respect to the Company’s 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I (“Series I Preferred Stock”), which, effective upon filing, eliminated from the Company’s Fifth Restated Certificate of Incorporation, as amended, all matters set forth in the Certificate of Designations for the Series I Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/316709/000119312526251689/0001193125-26-251689-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.