Charles Schwab (MTSI) affiliate reports 400,000-share sale on 05/07/2026
Rhea-AI Filing Summary
The Charles Schwab Corporation notice lists multiple proposed or reported sales of Common shares by an affiliate, showing numerous transactions between 02/12/2026 and 05/07/2026. Examples include a 400,000-share sale on 05/07/2026 for $132,655,087.07 and a 176,663-share sale on 05/06/2026 for $54,528,345.41.
The filing names Susan Ocampo as the selling holder and shows shares labeled as Founder Shares. Shares outstanding are shown as 75,011,970 as of 05/08/2026.
Positive
- None.
Negative
- None.
Insights
Multiple affiliate sales are disclosed under a Form 144 notice; transactions are sizable but routine for affiliate dispositions.
The notice lists many sale dates and amounts attributed to Susan Ocampo, including large blocks on 05/06/2026 and 05/07/2026. The entries read as reported dispositions rather than company-initiated issuances.
Cash‑flow treatment to the issuer is not stated in the excerpt; subsequent SEC filings or broker reports would show settlement details. Timing and method qualifiers are not included in the provided excerpt.
Transaction scale is large in absolute terms but the filing itself is a disclosure, not a corporate action.
The listed trades include multiple six-figure and seven-figure dollar proceeds (e.g., $132,655,087.07 for 400,000 shares). These reflect realized dispositions by the named holder rather than new share registration.
Market impact depends on trading cadence and whether sales were block trades or executed over time; the excerpt does not specify execution method or plan-based status.