Schwab Charles R. 4

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.