SCHWAB (SCHW) Co-Chairman Charles R. Schwab Sells 117,000 Shares

What Happened
Charles R. Schwab, Co‑Chairman and Director of Schwab Charles Corp (SCHW), disposed of 117,000 shares in an open‑market sale on August 24, 2026. The filing reports a weighted average sale price of $113.20 per share, for total proceeds of $13,244,412.

Key Details

• Transaction type: Open‑market sale (Code S).
• Transaction date: 2026-08-24; Form 4 filed 2026-08-26 (appears to be filed within the standard two-business‑day window).
• Shares sold: 117,000; weighted average price: $113.20; total proceeds: $13,244,412.
• Price range: Trades executed at prices between $112.77 and $113.65; reported price is the weighted average (footnote F1). The filer offers to provide detailed per‑trade info upon request.
• Shares owned after transaction: Not specified in the information provided.
• No 10b5‑1 plan, option exercise, tax withholding, or gift designation is indicated in the summary provided.

Context
This was an open‑market sale by a senior insider. Sales by executives are common and can reflect many personal or portfolio reasons; they are not, by themselves, definitive evidence of company outlook. No additional details (e.g., a trading plan) were noted in the filing excerpt.