SCHW insider notice: 44,750-share sale valued at $4.21M

Rhea-AI Filing Summary

Schwab (SCHW) filed a Form 144 notice for a proposed sale of 44,750 shares of common stock, with an aggregate market value of $4,206,500. The approximate sale date is 10/29/2025 on the NYSE, and the broker listed is The Charles Schwab Corporation, 3000 Schwab Way, Westlake, TX. The filing identifies Charles R. Schwab as the person for whose account the securities are to be sold. Shares outstanding were 1,815,219,300 at the time reported in the notice.

The seller reported prior sales over the past three months, including 22,721 shares on 08/07/2025 for $2,181,610 and 133,153 shares on 08/08/2025 for $12,888,080, alongside additional transactions on 08/26/2025, 08/27/2025, and 10/28/2025. The signatory represents they do not know any material adverse nonpublic information regarding the issuer.

Insights

Securities law analyst

Routine Form 144 for proposed insider sale; neutral impact.

This notice indicates an affiliate’s intent to sell 44,750 shares, with an $4,206,500 aggregate market value. Form 144 filings are procedural disclosures required before certain affiliate sales under Rule 144; they do not, by themselves, change company operations or capital structure.

The plan lists the 10/29/2025 approximate sale date on the NYSE and provides the selling person’s recent sale history. Actual market impact depends on execution and overall trading volume; the document does not specify pricing or timing beyond what is stated. As such, the event is neutral (0) for valuation absent additional information.

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

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	THE CHARLES SCHWAB CORPORATION 3000 Schwab Way Westlake TX 76262	44750	4206500.00	1815219300	10/29/2025	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: 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	03/31/1987	LEVERAGED BUYOUT	Issuer			44750	03/31/1987	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: 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
Charles R. Schwab 3000 Schwab Way Westlake TX 76262	COMMON	08/07/2025	22721	2181610.00
Charles R. Schwab 3000 Schwab Way Westlake TX 76262	COMMON	08/08/2025	133153	12888080.00
Charles R. Schwab 3000 Schwab Way Westlake TX 76262	COMMON	08/26/2025	136500	13194903.00
Charles R. Schwab 3000 Schwab Way Westlake TX 76262	COMMON	08/27/2025	136500	13246502.00
Charles R. Schwab 3000 Schwab Way Westlake TX 76262	COMMON	10/28/2025	64400	6053902.00

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 did SCHW disclose in this Form 144?

A proposed sale of 44,750 shares of common stock with an aggregate market value of $4,206,500, targeted for 10/29/2025 on the NYSE.

Who is selling SCHW shares under the notice?

The filing identifies Charles R. Schwab as the person for whose account the securities are to be sold.

How many SCHW shares are outstanding?

Shares outstanding were 1,815,219,300 as reported in the notice.

Which broker is listed for the proposed SCHW sale?

The broker listed is The Charles Schwab Corporation, 3000 Schwab Way, Westlake, TX.

What prior SCHW sales were reported over the past three months?

Examples include 22,721 shares on 08/07/2025 for $2,181,610 and 133,153 shares on 08/08/2025 for $12,888,080, with additional dates and amounts provided.

On which exchange will the proposed sale occur?

The filing lists the NYSE as the exchange.