Schwab Charles R. 4

What Happened Charles R. Schwab, Co-Chairman and Director of Schwab Charles Corp (SCHW), sold a total of 164,600 shares in open-market transactions. On 2026-02-03 he disposed of 96,625 shares at a weighted-average price of $103.74 for proceeds of $10,023,530 (range $103.50–$104.30). On 2026-02-04 he disposed of 67,975 shares at a weighted-average price of $103.81 for proceeds of $7,056,424 (range $103.36–$104.23). Combined proceeds were roughly $17.08 million. These were sales (not purchases), which are common insider liquidity events and do not necessarily indicate a change in view of the company.

Key Details

• Transaction type: Open-market sales (code S).
• Dates: Feb 3, 2026 (96,625 shares, $103.74 WAP; trades ranged $103.50–$104.30) and Feb 4, 2026 (67,975 shares, $103.81 WAP; trades ranged $103.36–$104.23).
• Report filed: Feb 5, 2026 — appears filed timely.
• Shares owned after transaction: Not provided in the summary supplied.
• Footnotes: F1 and F2 note each sale was executed in multiple trades and prices shown are weighted-average sale prices; the reporting person can provide full per-trade details upon request.
• No 10b5-1 plan, tax-withholding, or gift notation was provided in the supplied data.

Context Sales by executives are often routine (diversification, tax planning, cash needs) and do not necessarily reflect insider sentiment. For retail investors, purchases tend to be more informative about insider conviction; this filing documents a sizeable disposal by the company's co-chairman.