Charles Schwab (OLP) insider sale: 2,999 shares for $65,557 reported
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Charles Schwab Corporation reported a sale of 2,999 shares of Common Stock by Lawrence Ricketts on 04/02/2026, generating proceeds of $65,557.00. The filing also lists a Restricted Stock Award of 17,000 shares dated 01/16/2025 categorized as Equity Compensation.
Positive
- None.
Negative
- None.
Insights
Insider sale reported; appears to be a routine Form 144 disclosure.
The filing shows a sale of 2,999 shares by Lawrence Ricketts on 04/02/2026 for $65,557.00. This is a straightforward resale disclosure under Section 144 and records a contemporaneous equity compensation grant dated 01/16/2025.
Cash‑flow treatment and any trading plan references are not stated in the excerpt; subsequent filings may provide additional context if relevant.
Key Figures
Shares sold: 2,999 shares
Proceeds from sale: $65,557.00
Restricted Stock Award: 17,000 shares
+1 more
4 metrics
Shares sold
2,999 shares
sale on <date>04/02/2026</date>
Proceeds from sale
$65,557.00
proceeds reported for the 2,999‑share sale
Restricted Stock Award
17,000 shares
award dated <date>01/16/2025</date>
Sale date
04/02/2026
date of reported sale
Key Terms
Form 144, Restricted Stock Award, Equity Compensation
3 terms
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
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.
Restricted Stock Award financial
"Restricted Stock Award | Issuer | 17000 | 01/16/2025"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Equity Compensation financial
"01/16/2025 | Restricted Stock Award | Issuer | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
What did the Form 144 for OLP disclose about insider sales?
The Form 144 reports a sale of 2,999 shares by Lawrence Ricketts on 04/02/2026. The filing shows proceeds of $65,557.00 and lists a prior restricted stock award dated 01/16/2025 for 17,000 shares.
Does the filing show any equity awards for OLP insiders?
Yes. The excerpt lists a Restricted Stock Award of 17,000 shares dated 01/16/2025 and categorizes it as Equity Compensation. No vesting or withholding details are shown in the excerpt.
Does the Form 144 indicate proceeds go to the issuer for OLP?
The filing records proceeds of $65,557.00 from the sale by the selling holder. The excerpt does not state that the issuer received proceeds or describe the cash‑flow treatment for the sale.