Schwab Charles R. 4
4 · SCHWAB CHARLES CORP · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
SCHW Charles R. Schwab, Co-Chairman Sells Shares
What Happened
Charles R. Schwab, Co-Chairman and Director of Schwab Charles Corp (SCHW), sold a total of 168,743 shares in open-market transactions between 2026-04-29 and 2026-05-01. The three reported dispositions were: 63,743 shares on 2026-04-29 at a $90.49 weighted-average price ($5,768,232); 50,000 shares on 2026-04-30 at $91.81 ($4,590,410); and 55,000 shares on 2026-05-01 at $91.86 ($5,052,174). These are sales (code S) and, unlike purchases, sales are often routine portfolio or tax-related transactions and do not by themselves indicate management sentiment.
Key Details
- Transaction dates & reported weighted-average prices:
- 2026-04-29: 63,743 shares @ $90.49 = $5,768,232 (F1: actual trades ranged $90.32–$90.74)
- 2026-04-30: 50,000 shares @ $91.81 = $4,590,410 (F2: trades ranged $91.61–$92.12)
- 2026-05-01: 55,000 shares @ $91.86 = $5,052,174 (F4: trades ranged $91.54–$92.34)
- Total sold: 168,743 shares for approximately $15,410,816.
- Shares owned after the transactions: not specified in the data provided in this summary (check the full Form 4 for "Amount of Securities Beneficially Owned Following Reported Transaction").
- Notable footnotes: F1, F2 and F4 note the reported prices are weighted averages across multiple trades and the filer will provide detailed trade-level prices/quantities on request; F3 notes a transfer of shares between trusts.
- Filing timeliness: Form filed 2026-05-01 covering trades through 2026-05-01; no late-filing flag indicated based on provided info.
Context
- These were open-market sales (code S), not option exercises or awards. Sales are common for insiders and can reflect routine diversification, tax or estate planning; they do not necessarily signal a change in company outlook.
- If you need exact per-trade prices and counts, the filer's footnotes state they can supply full details on request to the SEC, the issuer, or a security holder.
Insider Transaction Report
Form 4
Schwab Charles R.
DirectorCo-Chairman
Transactions
- Sale
Common Stock
[F1]2026-04-29$90.49/sh−63,743$5,768,232→ 55,609,641 total(indirect: By Trust) - Sale
Common Stock
[F2][F3]2026-04-30$91.81/sh−50,000$4,590,410→ 54,444,641 total(indirect: By Trust) - Sale
Common Stock
[F4][F3]2026-05-01$91.86/sh−55,000$5,052,174→ 54,389,641 total(indirect: By Trust)
Holdings
- 30,483,368(indirect: By Partnership)
Common Stock
- 44,025(indirect: by 188 Corp)
Common Stock
- 10,624,797.33(indirect: By Trust)
Common Stock
[F3]
Footnotes (4)
- [F1]This transaction was executed in multiple trades at prices ranging from $90.32 to $90.74. 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.
- [F2]This transaction was executed in multiple trades at prices ranging from $91.61 to $92.12. 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.
- [F3]Reflects a transfer of shares between trusts.
- [F4]This transaction was executed in multiple trades at prices ranging from $91.54 to $92.34. 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.
Signature
/s/ P. Blake Allen, Attorney-in-fact|2026-05-01