SCHW Co-Chairman Charles R. Schwab Gifts 100,050 Shares

What Happened

• Charles R. Schwab, Co-Chairman and director of Schwab Charles Corp (SCHW), made two gift transactions: 45,500 shares on 2026-08-17 and 54,550 shares on 2026-08-18. Both transactions are reported as gifts (transaction code G) with a reported price of $0.00 — total disposed shares = 100,050 and total reported cash value = $0. The Form 4 was filed with the SEC on 2026-08-19 (Accession 0000923738-26-000042).

Key Details

• Transaction dates and amounts:
  • 2026-08-17: Gift of 45,500 shares @ $0.00 (disposed)
  • 2026-08-18: Gift of 54,550 shares @ $0.00 (disposed)
• Aggregate shares gifted: 100,050; reported cash value: $0.
• Transaction code: G (gift).
• Shares owned following the transactions: Not specified in the provided summary—see the full Form 4 for the insider's post-transaction holdings.
• Filing: Form 4 filed on 2026-08-19. (No late-filing flag indicated in the provided details.)

Context

• Gifts are dispositions and are reported at $0 in Form 4; they do not reflect an open-market sale and therefore are not a direct market sentiment signal. Gifts can be for family transfers, trusts, or charitable purposes and are often related to personal, estate, or tax planning rather than views on the stock.