Schwab risk chief sells 7,203 company shares

Schwab Chief Risk Officer Nigel J. Murtagh reported selling 7,203 shares of Charles Schwab common stock in open-market transactions.

Rhea-AI Filing Summary

Schwab Chief Risk Officer Nigel J. Murtagh reported selling 7,203 shares of Charles Schwab common stock in open-market transactions. The sales occurred on March 3, 2026 in two trades: 4,463 shares at a weighted average price of $94.4274 and 2,740 shares at $94.8993.

The filing notes these sales were made under a Rule 10b5-1 trading plan adopted on November 25, 2025. After the transactions, Murtagh directly holds 57,972.4846 shares of Schwab common stock and indirectly holds 2,484 shares through an employee stock purchase plan, based on a plan statement as of January 30, 2026.

Insider Trade Summary

Net Seller: 7,203 shares

Net Sell 3 txns

Insider Murtagh Nigel J

Role Chief Risk Officer

Sold 7,203 shs ($681K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,463	$94.4274	$421K
Sale	Common Stock	2,740	$94.8993	$260K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 57,972.4846 shares (Direct); Common Stock — 2,484 shares (Indirect, by ESPP)

Footnotes (4)

1. F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on November 25, 2025.
2. F2. The transaction was executed in multiple trades at prices ranging from $93.75 to $94.74. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the transfer of shares and prices at which the transaction was effected.
3. F3. The transaction was executed in multiple trades at prices ranging from $94.76 to $95.11. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the transfer of shares and prices at which the transaction was effected.
4. F4. This information is based on a plan statement as of January 30, 2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SCHW Chief Risk Officer Nigel Murtagh report?

Nigel J. Murtagh reported selling 7,203 shares of Charles Schwab common stock. The Form 4 shows two open-market sales on March 3, 2026, totaling 4,463 shares at $94.4274 and 2,740 shares at $94.8993, both recorded as non-derivative transactions.

At what prices did Nigel Murtagh sell SCHW shares on March 3, 2026?

He sold 4,463 shares at a weighted average price of $94.4274 and 2,740 shares at $94.8993. Footnotes explain each sale was executed in multiple trades within price ranges of $93.75–$94.74 and $94.76–$95.11, respectively, with weighted averages reported.

Was Nigel Murtagh’s SCHW stock sale under a 10b5-1 trading plan?

Yes. A footnote states the sales were executed under a Rule 10b5-1 trading plan adopted by Nigel J. Murtagh on November 25, 2025. Such plans pre-schedule trades, allowing executives to systematically sell shares according to predetermined instructions.

How many SCHW shares does Nigel Murtagh hold after these transactions?

After the reported sales, Nigel J. Murtagh directly holds 57,972.4846 shares of Charles Schwab common stock. The filing also reports an additional 2,484 shares held indirectly through an employee stock purchase plan, based on a plan statement dated January 30, 2026.

What type of security did Nigel Murtagh trade in this SCHW Form 4?

All reported transactions involve Charles Schwab common stock. The filing lists two non-derivative open-market sales of common stock and an indirect holding of common stock through an employee stock purchase plan, with no derivative securities reported in this Form 4.

How many SCHW shares did Nigel Murtagh sell in total according to the Form 4?

The transaction summary shows total sales of 7,203 shares of Charles Schwab common stock. This consists of 4,463 shares in one open-market sale and 2,740 shares in a second open-market sale, both dated March 3, 2026 and coded as sale transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/05/2026 - 05:59 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Murtagh Nigel J

(Last) (First) (Middle)

3000 SCHWAB WAY

(Street)

WESTLAKE TX 76262

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SCHWAB CHARLES CORP [ SCHW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/03/2026		S(1)		4,463	D	$94.4274(2)	60,712.4846	D
Common Stock	03/03/2026		S(1)		2,740	D	$94.8993(3)	57,972.4846	D
Common Stock								2,484(4)	I	by ESPP

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on November 25, 2025.

2. The transaction was executed in multiple trades at prices ranging from $93.75 to $94.74. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the transfer of shares and prices at which the transaction was effected.

3. The transaction was executed in multiple trades at prices ranging from $94.76 to $95.11. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the transfer of shares and prices at which the transaction was effected.

4. This information is based on a plan statement as of January 30, 2026.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ P. Blake Allen, Attorney-in-fact	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.