Schwab Charles R. 4

What Happened

• Charles R. Schwab, Co‑Chairman and Director of Schwab Charles Corp (SCHW), sold 27,500 shares in an open‑market/private sale on 2026-05-19. The reported weighted average sale price was $92.22, for total proceeds of approximately $2,536,127. This was a sale (disposition) of existing shares.

Key Details

• Transaction date: 2026-05-19 (filed with the SEC on 2026-05-20 — timely filing).
• Price: weighted average $92.22; executed in multiple trades at prices ranging from $91.95 to $92.54 (footnote).
• Shares sold: 27,500; proceeds ≈ $2,536,127.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnote: reporting person will provide, upon request, the breakdown of the number of shares and prices for the multiple trades that composed the weighted average sale price.
• No 10b5‑1 plan, option exercise, gift, or tax‑withholding notation included in the provided data.

Context

• This filing reports a sale of already‑held shares. Sales by insiders can be routine (e.g., diversification or liquidity) and do not by themselves indicate management’s view of the company’s prospects; purchases tend to be more informative about insider sentiment.