Schwab Charles R. 4

What Happened

• Charles R. Schwab, Co-Chairman and Director of Schwab Charles Corp (SCHW), sold a total of 218,600 shares in open-market transactions. He disposed of 109,300 shares on May 4, 2026 at a weighted average price of $91.50 (proceeds $10,001,420) and another 109,300 shares on May 6, 2026 at a weighted average price of $92.01 (proceeds $10,057,043). Total proceeds across both sales were approximately $20,058,463. These were outright sales (transaction code S) rather than purchases.

Key Details

• Transaction dates and reported weighted-average prices:
  • May 4, 2026 — 109,300 shares sold at $91.50 (weighted avg); reported proceeds $10,001,420. Footnote: trades ranged $91.50–$91.545.
  • May 6, 2026 — 109,300 shares sold at $92.01 (weighted avg); reported proceeds $10,057,043. Footnote: trades ranged $91.625–$92.26.
• Total shares sold: 218,600; total reported proceeds: ~$20.06M.
• Shares owned after transaction: Not stated in the excerpt provided — see the full Form 4 for post-transaction holdings.
• Filing date: Form 4 filed May 6, 2026. The May 4 trade was reported within the typical two-business-day window; the May 6 trade was reported same day.
• Notable footnotes: Reporting person offers to provide detailed trade-by-trade breakdown to the SEC, issuer, or security holders upon request (per F1 and F2).

Context

• These were open-market sales (S). Sales by executives can be routine (e.g., diversification or liquidity needs) and do not by themselves indicate company performance or insider sentiment. Purchases generally carry more direct implication of insider confidence; none were reported here.
• If you want full holdings, exact per-trade timestamps/quantities, or to confirm whether these trades were part of a scheduled plan, consult the full SEC filing (accession 0000923738-26-000020) or the issuer’s investor relations disclosures.