Charles Schwab (NYSE: SCHW) CRO sells 4,053 shares after option exercise
Rhea-AI Filing Summary
Charles Schwab Chief Risk Officer Nigel J. Murtagh exercised nonqualified stock options for 4,053 shares of common stock at $46.81 per share and on July 21, 2026 sold 4,053 shares at a $104.1374 weighted average price under a Rule 10b5-1 trading plan, retaining 48,622 options and 2,621 shares indirectly through an ESPP.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 4,053 shares ($232K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Murtagh Nigel J
Role
Chief Risk Officer
Sold
4,053 shs ($422K)
Approx. gross sale proceeds
$422K
Approx. exercise cost
$190K
Approx. pre-tax spread
$232K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Nonqualified Stock Option (right to buy) F4 | 4,053 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,053 | $46.81 | $190K |
| Sale | Common Stock F1, F2 | 4,053 | $104.1374 | $422K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Nonqualified Stock Option (right to buy) — 48,622 shares (Direct);
Common Stock — 57,972.4846 shares (Direct);
Common Stock — 2,621 shares (Indirect, by ESPP)
Footnotes (4)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
- F2. This transaction was executed in multiple trades at prices ranging from $104.12 to $104.405. 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 number of shares and prices at which the transaction was effected.
- F3. This information is based on a plan statement as of July 15, 2026.
- F4. This option was granted under the company's 2013 Stock Incentive Plan and vested in four annual installments beginning on the first anniversary of the grant.
Key Figures
Options exercised: 4,053 shares
Option exercise price: $46.81 per share
Shares sold: 4,053 shares
+4 more
7 metrics
Options exercised
4,053 shares
Nonqualified stock options converted into common stock on July 21, 2026
Option exercise price
$46.81 per share
Exercise price of the nonqualified stock options
Shares sold
4,053 shares
Common stock sold on July 21, 2026 following option exercise
Weighted average sale price
$104.1374 per share
Weighted average of multiple trades between $104.12 and $104.405
Options remaining
48,622 options
Nonqualified stock options outstanding after the reported exercise
ESPP shares held
2,621 shares
Indirect holdings via an employee stock purchase plan as of July 15, 2026
10b5-1 plan adoption date
November 25, 2025
Date the Rule 10b5-1 trading plan governing the sale was adopted
Key Terms
Rule 10b5-1 trading plan, Nonqualified Stock Option, weighted average sale price, ESPP
4 terms
Rule 10b5-1 trading plan regulatory
"The sales were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Nonqualified Stock Option financial
"Nonqualified Stock Option (right to buy) reported as derivative security"
weighted average sale price financial
"The price reported reflects the weighted average sale price"
ESPP financial
"Indirect ownership of common stock is reported as by ESPP"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SCHW executive Nigel J. Murtagh report?
Nigel J. Murtagh reported exercising 4,053 stock options at $46.81 per share and selling 4,053 Charles Schwab (SCHW) shares at a $104.1374 weighted average price on July 21, 2026, in a linked exercise-and-sell transaction.
What options did Nigel Murtagh exercise at Charles Schwab (SCHW)?
He exercised 4,053 nonqualified stock options for Charles Schwab common stock at an exercise price of $46.81 per share. These options were granted under the company’s 2013 Stock Incentive Plan and vested in four annual installments.
How many Charles Schwab (SCHW) stock options does Nigel Murtagh still hold?
After the reported exercise, Nigel Murtagh continues to hold 48,622 nonqualified stock options. This figure reflects options remaining outstanding in the same grant following the conversion of 4,053 options into common shares.