Schwab 8-K Confirms NYSE Listing of Common & Preferred Stock
Ticker: SCHW-PJ · Form: 8-K · Filed: Jan 17, 2024 · CIK: 316709
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, stock-listing, corporate-governance
TL;DR
**Schwab's stock listings on NYSE are confirmed, business as usual.**
AI Summary
The Charles Schwab Corporation filed an 8-K on January 17, 2024, to report its financial condition and results of operations. This filing specifically details the registration of its Common Stock, Series D Preferred Stock (SCHW PrD), and Series J Preferred Stock on the New York Stock Exchange. This matters to investors because it confirms the continued listing and trading of these securities, providing transparency and liquidity for shareholders of SCHW, SCHW PrD, and SCHW PrJ.
Why It Matters
This filing confirms the continued public trading of Schwab's various stock classes, which is crucial for investor confidence and market liquidity.
Risk Assessment
Risk Level: low — This 8-K is a routine filing confirming existing stock listings and does not introduce new financial risks or operational changes.
Analyst Insight
This filing is routine and confirms existing market conditions for Schwab's securities. Investors should continue to monitor broader financial performance and market trends rather than reacting to this specific filing.
Key Players & Entities
- The Charles Schwab Corporation (company) — registrant of the 8-K filing
- New York Stock Exchange (company) — exchange where Schwab's securities are registered
- Common Stock (company) — class of securities registered by Schwab
- Series D Preferred Stock (company) — class of securities registered by Schwab
- Series J Preferred Stock (company) — class of securities registered by Schwab
- SCHW (company) — trading symbol for Common Stock
- SCHW PrD (company) — trading symbol for Series D Preferred Stock
FAQ
What is the purpose of this 8-K filing by The Charles Schwab Corporation?
The purpose of this 8-K filing, dated January 17, 2024, is to report on the company's results of operations and financial condition, specifically confirming the registration of its securities pursuant to Section 12(b) of the Securities Exchange Act of 1934.
Which specific securities of The Charles Schwab Corporation are mentioned as registered in this filing?
The filing mentions the registration of Common Stock ($.01 par value per share), Depositary Shares representing a 1/40th ownership interest in 5.95% Non-Cumulative Preferred Stock, Series D (trading symbol SCHW PrD), and Depositary Shares representing a 1/40th ownership interest in Series J Preferred Stock.
On which exchange are The Charles Schwab Corporation's securities registered?
All the mentioned securities of The Charles Schwab Corporation, including Common Stock, Series D Preferred Stock, and Series J Preferred Stock, are registered on the New York Stock Exchange.
What is the trading symbol for The Charles Schwab Corporation's Common Stock?
The trading symbol for The Charles Schwab Corporation's Common Stock is SCHW.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is January 17, 2024.
Filing Stats: 501 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-01-17 16:17:29
Filing Documents
- schw-20240117.htm (8-K) — 30KB
- a4q23exhibit991.htm (EX-99.1) — 1011KB
- cslogoa03.jpg (GRAPHIC) — 74KB
- 0000316709-24-000011.txt ( ) — 1368KB
- schw-20240117.xsd (EX-101.SCH) — 3KB
- schw-20240117_def.xml (EX-101.DEF) — 16KB
- schw-20240117_lab.xml (EX-101.LAB) — 31KB
- schw-20240117_pre.xml (EX-101.PRE) — 16KB
- schw-20240117_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On January 17, 2024, The Charles Schwab Corporation issued a press release announcing its financial results for the quarter ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this report.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release dated January 1 7 , 202 4 104 Cover Page Interactive Data File – the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. Signature(s) Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE CHARLES SCHWAB CORPORATION Date: January 17, 2024 By: /s/ Peter Crawford Peter Crawford Managing Director and Chief Financial Officer