Schwab (SCHW) Co-Chairman Charles R. Schwab Gifts 37,200 Shares

What Happened

• Charles R. Schwab, Co-Chairman and Director of Charles Schwab Corporation (SCHW), reported a gift of 37,200 shares on August 6, 2026. The filing shows the disposition price as $0.00, so the reported transaction value is $0.

Key Details

• Transaction date: 2026-08-06; Filing date (Form 4): 2026-08-10 (timely filed)
• Transaction type: Gift (code G); 37,200 shares disposed at $0.00 per share (total $0 reported)
• Shares owned after transaction: Not specified in the provided excerpt (see the full Form 4 for post-transaction holdings)
• Footnote: Reflects Mr. Schwab’s resignation as Trustee of two trusts established for the benefit of his relatives (per filing footnote F1)
• No sale proceeds or cash received by the insider in this transaction

Context

• Gifts are transfers of ownership and do not necessarily reflect the insider’s view of the company’s prospects; they are often estate- or family-related. The footnote indicates this transfer is tied to trustee resignation and appears administrative rather than a market sale.