[144] SCHWAB CHARLES CORP SEC Filing

Rhea-AI Filing Summary

Form 144 notice filed for proposed sale of SCHW common stock. The filer intends to sell 3,205 shares of The Charles Schwab Corporation, with an aggregate market value reported at $299,111, on or about 10/01/2025 on the NYSE. The securities were acquired on 03/03/2015 from the issuer. The filing lists prior open-market sales by the same person within the past three months: 3,290 shares sold 08/01/2025 for $316,043 and 3,205 shares sold 09/02/2025 for $305,126. The filer represents they are unaware of any undisclosed material adverse information and the notice includes the standard signature and certification language.

Positive

• Filing demonstrates regulatory compliance through timely Rule 144 notice and required certifications
• Shares sold are small relative to outstanding shares (3,205 vs 1,815,219,300), indicating limited market impact
• Acquisition date indicates long-held securities (03/03/2015), consistent with Rule 144 holding-period requirements

Negative

• Insider sales indicate ongoing monetization with multiple small disposals in recent months (Aug, Sep, Oct 2025)
• Filing lacks detail on trading plan or reason for sales (no 10b5-1 plan adoption date provided)

Insights

Securities Compliance Analyst

TL;DR: Routine Rule 144 notification for modest insider sales; appears procedural and compliant.

The filing documents a proposed sale under Rule 144 of 3,205 SCHW shares with prior small block sales in the two preceding months. The disclosed acquisition date (03/03/2015) supports long-held status, which is typically required for Rule 144 resale eligibility. Reported amounts are small relative to the issuer's ~1.82 billion shares outstanding, suggesting limited market impact. The notice includes the required certification about lack of undisclosed material information, aligning with standard compliance practice.

Equity Market Analyst

TL;DR: Sales are immaterial to market capitalization but signal insider liquidity events.

The transactions show repeated small-volume sales across consecutive months, totaling 9,700 shares across the three reported events (3,290+3,205+3,205). Given the issuer's large share count, these disposals are unlikely to affect share price or signal a significant change in insider view, though they do represent ongoing insider monetization. No additional context (e.g., reason for sale or trading plan date) is provided in the filing.

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

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	3205	299111.00	1815219300	10/01/2025	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	03/03/2015	VARIOUS DATES & TYPES	ISSUER			3205	03/03/2015	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
PAUL V WOOLWAY 3000 Schwab Way Westlake TX 76262	COMMON	08/01/2025	3290	316043.00
PAUL V WOOLWAY 3000 Schwab Way Westlake TX 76262	COMMON	09/02/2025	3205	305126.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 does this SCHW Form 144 filing disclose?

The filing discloses a proposed sale of 3,205 shares of The Charles Schwab Corporation with an aggregate market value of $299,111, planned on 10/01/2025 on the NYSE.

Who acquired the shares being sold and when?

The shares were acquired from the issuer on 03/03/2015, indicating a long-term holding reported on the form.

Has the filer sold SCHW shares recently?

Yes. The filer reported selling 3,290 shares on 08/01/2025 for $316,043 and 3,205 shares on 09/02/2025 for $305,126.

Will these sales materially affect SCHW's share count or market price?

Unlikely. The reported sale of 3,205 shares is immaterial relative to the reported 1,815,219,300 shares outstanding, suggesting limited market impact.

Does the Form 144 indicate a 10b5-1 trading plan was used?

No. The filing does not provide a date of plan adoption or instruction that would indicate reliance on a Rule 10b5-1 trading plan.