Selling shares from your Schwab Equity Award account

Transcript of the video:

Onscreen title page text: Selling shares from your Schwab Equity Award account

An illustration of a woman looking at her phone while relaxing in a park.

Screen display moves to the Equity Awards account Summary page.

Narrator (off screen): When you're ready to sell shares held in your Equity Award Account, click Sell Shares from the Quick Links menu. (Hand icon hovers over Sell Shares in the Quick Links menu.)

Screen display moves to the All-in-One Trade Ticket page.

Narrator: Ensure your Equity Award Center account is selected in the blue account box. (Arrow icon hovers at blue account box.)

Narrator: Select your company ticker symbol and click Continue. (Arrow icon hovers at ticker symbol and then at green Continue box.)

Narrator: Select the action to Sell shares and then identify the type of shares you want to sell. (Arrow points to Sell shares area.)

Narrator: Next, designate your order type. (Arrow points to Market & Limit boxes.)

Text overlay in blue box: Market orders sell shares at the best price available when the order reaches the marketplace.

Narrator: Market orders sell shares at the best price available when the order reaches the marketplace.

Text overlay in blue box: Limit orders allow you to set the lowest price at which your shares can be sold.

Narrator: Limit orders allow you to set the lowest price at which your shares can be sold.

Narrator: You can then choose the specific shares you want to sell and enter the quantity by lot. (Arrow points to share quantity area.)

Narrator: And click Review Order (Arrow points to Review Order box.)

Screen display moves to Review and Place Order Screen.

Narrator: Verify that everything is correct and place your order. (Arrow points to green Place Order box.)

Narrator: No commissions are charged when you place the order on the Schwab website or the Schwab mobile app.

Screen display moves to Summary page.

Narrator: If you are a U.S. resident or have a full-featured international account, cash proceeds will settle in your Schwab brokerage account on the business day after the trade is executed.

If you have a limited-purpose international account, the cash will settle in your Equity Award account on the business day after the trade is executed. (The hand icon hovers over the Support drop down menu.)

Narrator: Still have questions or want help entering the trade order? You can chat or find the phone number to call us under this Support menu.

Onscreen text:

Important information

For illustrative purposes only.

This information is for educational purposes only ,and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, you should consult with a qualified tax advisor, CPA, Financial Planner, or Investment Manager.

This material is intended for informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.

The information contained herein is confidential and proprietary to Charles Schwab & Co., Inc. This information is not to be shared, forwarded or distributed.

The standard electronic $0 commission does not apply to 10b51 trades, large block transactions requiring special handling, restricted stock transactions, trades placed directly on a foreign exchange, transaction-fee mutual funds, futures, or fixed income investments. Options trades will be subject to the standard $.65 per-contract fee. Service charges apply for trades placed through a broker ($25). Industry fees, ADR fees, foreign transaction fees for trades placed on the US OTC market, and Stock Borrow fees still apply. See the Charles Schwab Pricing Guide for Individual Investor for full fee and commission schedules.

The Charles Schwab Corporation provides services to retirement and other benefit plans and participants through its separate but affiliated companies and subsidiaries: Charles Schwab Trust Bank; Charles Schwab Bank, SSB; Charles Schwab & Co., Inc.; and Schwab Retirement Plan Services, Inc. Trust, custody, and deposit products and services are available through Charles Schwab Trust Bank and Charles Schwab Bank, SSB, Members of FDIC. Brokerage products and services are offered by Charles Schwab & Co., Inc. (Member SIPC).

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