Schwab Charles R. 4

What Happened

• Charles R. Schwab, Co‑Chairman and Director of Charles Schwab Corp. (SCHW), reported sales of 158,613 shares and a gift of 60,000 shares. On 2026-02-09 he gifted 60,000 shares (G) and sold 126,200 shares in open‑market transactions at a weighted average price of $106.55 for proceeds of $13,446,547. On 2026-02-10 he sold another 32,413 shares at a weighted average price of $105.58 for proceeds of $3,422,080. Total cash proceeds from the sales were about $16.87 million; the gift reported no proceeds.

Key Details

• Transaction dates: 2026-02-09 (gift and sale) and 2026-02-10 (sale).
• Prices reported as weighted averages: $106.55 (Feb 9 sale) and $105.58 (Feb 10 sale).
• Footnotes: Feb 9 trades executed across prices $106.365–$106.92 (F1); Feb 10 trades executed across $105.01–$106.00 (F2). The filing says full trade breakdowns will be provided on request.
• Shares owned after transaction: not specified in the excerpt provided.
• Filing: Form 4 filed on 2026-02-11 covering transactions on Feb 9–10, 2026 (appears timely under standard 2‑business‑day reporting rules).

Context

• The filing shows disposals (sales) and a gift. Gifts are personal transfers and don’t necessarily signal the insider’s view of the company. Sales are common for executives for diversification or liquidity; retail investors should note timing and magnitude but avoid inferring motive from sales alone. The reporter has committed to provide detailed per‑trade information on request.