SCHW Charles R. Schwab, Co‑Chairman Sells 46,410 Shares

What Happened Charles R. Schwab, Co‑Chairman and Director of Charles Schwab Corporation (SCHW), sold 46,410 shares in an open‑market transaction on August 12, 2026. The weighted average sale price reported was $108.18 per share, generating proceeds of approximately $5,020,448. This was a sale (code S) — a disposition of shares rather than a purchase or award.

Key Details

• Transaction date: 2026-08-12 (reported on Form 4 filed 2026-08-13; filing appears timely)
• Reported weighted average price: $108.18 per share; total proceeds ≈ $5,020,448
• Price range (footnote): trades executed between $108.02 and $108.35; the reported price is the weighted average
• Shares owned after the transaction: not specified in the provided filing summary
• Transaction code: S (Sale). No 10b5‑1 plan, tax withholding, or other special conditions were noted in the filing
• Footnote offers to provide a breakdown of the individual trade prices and quantities to the SEC, issuer, or security holders upon request

Context Insider sales are common and can reflect routine portfolio management (taxes, diversification, liquidity) rather than a view on the company’s prospects. This Form 4 reports a standard open‑market sale; there is no information in the filing about a 10b5‑1 plan or other motives.