Charles Schwab Corp (GCT): Form 144 shows planned sale of 25,000 shares
Rhea-AI Filing Summary
Marshall R. Bernes filed to sell common stock of Charles Schwab Corp. under a Form 144 notice. The planned sale covers 25,000 shares of common stock listed on NASDAQ, with an aggregate market value of $1,279,000.00 and 28,839,563 shares stated as outstanding as of August 12, 2026. The securities to be sold were acquired through an open market purchase on August 10, 2020. In the preceding three months, Bernes sold 5,000 shares of the same security on August 10, 2026 for $264,343.68.
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Key Figures
Shares to be sold: 25,000 shares
Aggregate market value: $1,279,000.00
Shares outstanding: 28,839,563 shares
+3 more
6 metrics
Shares to be sold
25,000 shares
Common stock of Charles Schwab Corp. under Form 144
Aggregate market value
$1,279,000.00
Value of 25,000 shares to be sold
Shares outstanding
28,839,563 shares
Common shares outstanding as of August 12, 2026
Recent shares sold
5,000 shares
Common shares sold on August 10, 2026
Proceeds from recent sale
$264,343.68
Value of 5,000 shares sold during past three months
Acquisition date of shares
08/10/2020
Open market purchase date of the 25,000 shares
Key Terms
Form 144, Open Market Purchase, aggregate market value, securities sold during the past 3 months
4 terms
Form 144 regulatory
"filed to sell common stock of Charles Schwab Corp. under a Form 144 notice"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Open Market Purchase financial
"were acquired through an open market purchase on August 10, 2020"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
aggregate market value financial
"with an aggregate market value of $1,279,000.00"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
securities sold during the past 3 months regulatory
"In the preceding three months, Bernes sold 5,000 shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is the size of the proposed Charles Schwab Corp. stock sale noted with GCT?
The proposed transaction covers 25,000 common shares of Charles Schwab Corp. with an aggregate market value of $1,279,000.00. The shares are listed on NASDAQ, and the Form 144 provides notice of this intended sale.