Charles Schwab (BWIN) files Rule 144 notice for Class A shares tied to IPO exchange

Rhea-AI Filing Summary

Charles Schwab Corporation submitted a Rule 144 notice reporting an intended sale of Class A common shares tied to a redemption/exchange of Class B common and LLC units originally acquired in connection with a corporate reorganization at the IPO.

The filing references related transaction dates of 10/28/2019 and a filing line dated 03/06/2026.

Insights

Securities Attorney

Rule 144 notice documents a proposed resale tied to an IPO-era exchange.

The filing lists a planned sale of Class A common shares related to a redemption/exchange of Class B common and LLC units from the companys IPO reorganization.

Timing and exact proceeds are not detailed in the excerpt; subsequent filings or transaction reports would show actual sales and cash-flow treatment.

Corporate Actions Analyst

This appears administrative and routine for post-IPO unit conversions.

The entry ties the sale to conversions that occurred on 10/28/2019, indicating these shares trace to an earlier corporate reorganization at the IPO.

Regulatory clearance under Rule 144 is being documented; material market impact depends on whether sales are executed and their size, which this excerpt does not state.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Class A	Charles Schwab Corporation 3000 Schwab Way Westlake TX 76262	119987	2582120.00	96721068	03/06/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/28/2019	REDEMPTION/EXCHANGE OF CLASS B COMMON AND LLC UNITS HELD BY TRUST FOR CLASS A COMMON W/CLASS B COMMON AND LLC UNITS ACQUIRED IN CONNECTION WITH CORPORATE REORG AT IPO	Issuer			119987	10/28/2019	REDEMPTION/EXCHANGE OF CLASS B COMMON AND LLC UNITS HELD BY TRUST FOR CLASS A COMMON

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the BWIN Form 144 filing report?

It reports an intended resale of Class A common shares tied to a redemption/exchange from the IPO reorganization. The filing references the conversion event dated 10/28/2019 and includes a filing line dated 03/06/2026; it documents planned Rule 144 resale activity.

Does the filing state how many shares BWIN plans to sell?

The provided excerpt does not clearly label a definitive share amount for the sale. The text shows numeric lines but does not present a clear, labeled "shares offered" total; the filing's detailed tables would be needed to confirm exact quantities.

Who is the seller identified in the BWIN Form 144 excerpt?

The excerpt links the sale to shares issued upon redemption/exchange of Class B common and LLC units held by a trust. It attributes the underlying shares to an IPO-era corporate reorganization dated 10/28/2019 rather than an open-market purchaser.

Does the Form 144 excerpt state whether proceeds go to the issuer?

The excerpt does not specify the recipient of proceeds from any sale. It documents the intended resale under Rule 144 connected to a prior redemption/exchange; the filing text provided does not state who would receive sale proceeds.

Are the dates in the filing material for BWIN investors?

The filing highlights the conversion date 10/28/2019 and a filing line dated 03/06/2026; these dates show the shares' origin and the Rule 144 notice timing. They help trace the source and timing of the proposed resale activity.