Schwab Charles R. 4
4 · SCHWAB CHARLES CORP · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
SCHW Co-Chairman Charles R. Schwab Sells 145,650 Shares
What Happened
Charles R. Schwab, Co-Chairman and Director of Schwab Charles Corp (SCHW), sold 145,650 shares in an open-market transaction on January 29, 2026. The weighted-average sale price reported was $103.16 per share, for total proceeds of approximately $15,025,968. This was a sale (not a purchase); sales by insiders are often routine and do not by themselves indicate a change in company outlook.
Key Details
- Transaction date: 2026-01-29 (reported on Form 4 filed 2026-02-02; filing appears timely).
- Shares sold: 145,650. Weighted-average price: $103.16. Total proceeds: ~$15,025,968.
- Price range: $103.00 to $103.46 (multiple trades; weighted average reported). Footnote states the reporting person will provide full trade-level details on request.
- Shares owned after transaction: Not specified in the excerpt provided.
- Transaction type/code: Open-market sale (S). No 10b5-1 plan, tax-withholding, or option exercise noted in the provided details.
Context
Insider sales are common for reasons like diversification, tax planning, or liquidity needs; they are not definitive signals about company fundamentals on their own. This filing documents a sizable but routine open-market disposition by the company's co‑chairman. If you need confirmation of remaining holdings or more granular trade prices, the filing’s footnote indicates detailed information can be obtained upon request.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-01-29$103.16/sh−145,650$15,025,968→ 55,947,329 total(indirect: By Trust)
- 30,641,981(indirect: By Partnership)
Common Stock
- 44,025(indirect: by 188 Corp)
Common Stock
- 9,509,797.33(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]This transaction was executed in multiple trades at prices ranging from $103.00 to $103.46. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.