SCHW Jonathan Beatty, Head of Advisor Services Sells 2,000 Shares

What Happened
Jonathan S. Beatty, MD and Head of Advisor Services at Charles Schwab (SCHW), sold 2,000 shares in an open-market transaction on July 21, 2026. The shares were disposed of at a weighted average price of $104.21 per share, generating proceeds of approximately $208,411. This was a sale (not a purchase).

Key Details

• Transaction date: 2026-07-21.
• Shares sold: 2,000; weighted average price: $104.21; total proceeds ≈ $208,411.
• Execution details: multiple trades at prices ranging from $104.12 to $104.405; reported price is the weighted average (filing offers to provide per-trade details on request).
• Plan/authorization: Sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2026.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Form 4 filed on the same date as the transaction (period/report date 2026-07-21).

Context
The sale was made under a pre-arranged Rule 10b5-1 plan, which allows insiders to execute trades according to a preset schedule or formula. Such planned sales are common and do not, by themselves, indicate the insider’s current view of the company.