Schwab Charles R. 4

What Happened
Charles R. Schwab, Co‑Chairman and Director of Schwab Charles Corp (SCHW), reported two transactions. He gifted 5,300 shares on 2026-05-15 (code G) and sold 27,500 shares in an open‑market/private sale on 2026-05-18 (code S) for a weighted average price of $92.40, generating proceeds of approximately $2,541,008.

Key Details

• Transaction types: Gift (G) — 5,300 shares on 2026-05-15; Sale (S) — 27,500 shares on 2026-05-18.
• Sale price: weighted average $92.40 per share; trade prices ranged $92.29–$92.595 (footnote F1).
• Reported proceeds from sale: ~$2,541,008.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing date/accession: Form filed 2026-05-18 (covers transactions through 2026-05-15); the filing does not indicate a late-report flag in the provided data.
• Footnote: seller will provide, upon request, full breakdown of the multiple trade prices and share counts that produced the weighted average.

Context

• A gift (G) is typically a transfer for estate or personal reasons and does not by itself signal the insider’s view of the company’s prospects.
• Open‑market sales (S) are often for personal liquidity or portfolio rebalancing; this report is a disclosure of those sales rather than evidence of company performance.