Charles Schwab Insider Notice: 104,500 Shares to Be Sold on NYSE

Rhea-AI Filing Summary

The Charles Schwab Corporation Form 144 notifies a proposed public sale of 104,500 shares of common stock on the NYSE with an aggregate market value of $10,105,150 and an approximate sale date of 08/08/2025. The securities were acquired on 03/31/1987 in a leveraged buyout.

The filing also lists prior sales by Charles R. Schwab totaling 468,856 shares for gross proceeds of $40,864,082 on dates including 05/12/2025, 05/13/2025, 05/15/2025, 05/22/2025 and 08/07/2025. Total shares outstanding are stated as 1,816,970,383, making the proposed sale a very small fraction of outstanding shares. The signer affirms there is no undisclosed material adverse information and references Rule 10b5-1 plan language where applicable.

Positive

• None.

Negative

• Proposed sale of 104,500 shares with aggregate market value $10,105,150 to be sold on 08/08/2025 on the NYSE.
• Multiple recent insider sales totaling 468,856 shares for gross proceeds of $40,864,082 on dates including 05/12/2025, 05/13/2025, 05/15/2025, 05/22/2025 and 08/07/2025.

Insights

Financial Analyst

TL;DR Routine Form 144 filing showing modest proposed sale; recent insider sales produced substantial liquidity.

The filing documents a proposed sale of 104,500 shares (aggregate value $10,105,150) and reports prior disposals totaling 468,856 shares for $40,864,082 over the listed dates. Relative to the 1,816,970,383 shares outstanding, the proposed block is approximately 0.0058% of outstanding shares, so it is immaterial to company capitalization. The recent gross proceeds number is sizable in isolation but does not, by itself, convey company credit or operational impact because this is an individual insider sale disclosure.

Corporate Governance Expert

TL;DR The filing appears procedurally complete and includes the required insider representations under Rule 144.

The notice includes acquisition details (acquired 03/31/1987 via a leveraged buyout), proposed sale timing (08/08/2025), and a standard representation that no undisclosed material adverse information exists. Multiple recent sales by the same person are disclosed with dates and gross proceeds, satisfying transparency obligations under the securities rules. Documentation references Rule 10b5-1 plan language where applicable, which is customary for planned insider dispositions.

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	104500	10105150.00	1816970383	08/08/2025	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			104500	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	05/15/2025	145775	12800368.00
Charles R. Schwab 3000 Schwab Way Westlake TX 76262	COMMON	05/22/2025	34585	3026342.00
Charles R. Schwab 3000 Schwab Way Westlake TX 76262	COMMON	08/07/2025	22721	2181611.00
Charles R. Schwab 3000 Schwab Way Westlake TX 76262	COMMON	05/12/2025	120000	10247244.00
Charles R. Schwab 3000 Schwab Way Westlake TX 76262	COMMON	05/13/2025	145775	12608517.00

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 does SCHW Form 144 announce?

The Form 144 notifies a proposed sale of securities under Rule 144; this filing discloses a proposed sale of 104,500 common shares.

How much is the proposed sale worth in the SCHW filing?

The aggregate market value of the proposed sale is stated as $10,105,150.

When and where is the proposed SCHW sale expected to occur?

The filing lists the approximate date of sale as 08/08/2025 and the exchange as NYSE.

What recent insider sales are disclosed in this filing for SCHW?

The filing reports prior sales totaling 468,856 shares for gross proceeds of $40,864,082 on 05/12/2025, 05/13/2025, 05/15/2025, 05/22/2025 and 08/07/2025.

When were the securities being sold originally acquired according to the filing?

The securities were acquired on 03/31/1987 and the nature of the acquisition is listed as a leveraged buyout.

Does the filer make any representations about undisclosed information in the SCHW Form 144?

Yes, by signing the notice the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed and references Rule 10b5-1 planning language where applicable.