[144/A] The Charles Schwab Corporation SEC Filing

Rhea-AI Filing Summary

The filing is a Form 144/A notice indicating that insider Richard Wurster intends to sell up to 20,500 common shares of The Charles Schwab Corporation (SCHW) through broker Charles Schwab Corp. on or after 29 Jul 2025. At the stated aggregate market value of $2.03 million, the proposed sale equals roughly 0.001 % of the 1.82 billion shares outstanding, making it immaterial to the float.

The shares were acquired as RSUs between 25 Oct 2022 and 1 Mar 2024. The filer previously sold 15,345 shares on 9 May 2025 for $1.29 million. No undisclosed adverse information is asserted in the certification statement.

Form 144 filings signal possible insider sales but are not binding; actual transactions may depend on Rule 10b5-1 plans and market conditions. Given the limited size, the filing is unlikely to affect SCHW’s valuation, though continued selling by senior insiders can influence sentiment.

Positive

• None.

Negative

• Continued insider selling: Wurster plans to sell 20,500 shares ($2.03 M) after unloading 15,345 shares in May, which may weigh on sentiment even if immaterial in size.

Insights

Securities Analyst

TL;DR: Small insider Form 144; negligible float impact; sentiment mildly negative but fundamentally neutral.

The notice covers a potential $2.03 M sale—just 0.001 % of SCHW shares outstanding—by executive Richard Wurster. Prior 3-month sales total another $1.29 M, suggesting a pattern but still quantitatively immaterial. Because Form 144s are merely advance notices, execution risk remains. Such activity can hint at insider views on valuation yet does not signal operational weakness. No financial metrics or guidance are affected, so the disclosure is best viewed as neutral for valuation, with slight sentiment risk if insider selling accelerates.

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/A

144/A: Filer Information

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

144/A: 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

Relationship to Issuer

144/A: 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	THE CHARLES SCHWAB CORPORATION 3000 Schwab Way Westlake TX 76262	20500	2032850.00	1816970383	07/29/2025	NYSE

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/A: 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	10/25/2022	RSU's ACQUIRED VIA FOLLOWING DATE RANGE: 10/25/22 - 3/1/24	ISSUER			20500	10/25/2022	NA

* 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/A: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
RICHARD WURSTER 3000 Schwab Way Westlake TX 76262	COMMON	05/09/2025	15345	1290187.00

144/A: 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

How many SCHW shares are being proposed for sale in this Form 144?

The filing covers 20,500 common shares of The Charles Schwab Corporation.

What is the aggregate market value of the shares to be sold?

The proposed sale is valued at approximately $2.03 million.

When is the approximate date of the planned sale?

The insider lists an approximate sale date of 29 July 2025.

What percentage of Charles Schwab's shares outstanding does this represent?

The 20,500 shares equal roughly 0.001 % of the 1.82 billion shares outstanding.

Has the insider sold SCHW shares recently?

Yes. On 9 May 2025, the same insider sold 15,345 shares for $1.29 million.

Does a Form 144 filing guarantee that the shares will be sold?

No. Form 144 is a notice of intent; actual sales may vary based on market conditions or Rule 10b5-1 plans.