Charles R. Schwab (Co-Chairman) Sells 46,445 SCHW Shares

What Happened

Charles R. Schwab, Co-Chairman and director of Charles Schwab Corporation (SCHW), sold 46,445 shares in an open-market transaction on August 11, 2026. The reported weighted-average sale price was $107.78 per share, generating proceeds of approximately $5,005,717. This filing reports a sale (S); sales can be routine and do not necessarily indicate a change in the insider’s view of the company.

Key Details

• Transaction date: 2026-08-11 (reported same day).
• Transaction type/code: Open-market sale (S).
• Shares sold: 46,445.
• Reported weighted-average price: $107.78; total proceeds ≈ $5,005,717.
• Footnote: Trade executed in multiple lots at prices ranging $107.79–$107.825; the filing reports the weighted-average price and the insider can provide the full trade-by-trade breakdown on request (Footnote F1).
• Shares owned after the transaction: Not disclosed in this filing.
• Timeliness: No late filing indicated (report filed the same day as the transaction).

Context

• Sales by executives are common for diversification, liquidity, tax or personal reasons and are not, by themselves, a reliable signal of company performance. Purchases tend to be more informative about insider sentiment.
• The filing does not indicate option exercises, gifts, tax withholding, or a 10b5-1 plan in connection with this sale.