[Form 4] SCHWAB CHARLES CORP Insider Trading Activity

Rhea-AI Filing Summary

Paul V. Woolway, MD, Chief Banking Officer of Schwab Charles Corp (SCHW), reported multiple sales of company common stock on 10/01/2025. The Form 4 shows two Rule 10b5-1 plan sales of 1,913 and 1,292 shares (both marked S(1)) and another reported disposal of 25,153 shares. The reporting person states the sales were made under a Rule 10b5-1 trading plan adopted on November 15, 2024. Execution occurred in multiple trades at prices ranging from $92.49 to $94.25, with weighted average prices reported as $93.0449 and $93.7434. The Form 4 was signed by an attorney-in-fact on 10/02/2025.

Positive

• Sales were executed under a Rule 10b5-1 plan adopted on November 15, 2024
• Form 4 discloses weighted average prices and price ranges ($92.49–$94.25) and offers to provide full trade details upon request
• Form 4 was signed by an attorney-in-fact on 10/02/2025, indicating timely filing following the trades

Negative

• Reporting person disposed of 25,153 shares (plus separate sales of 1,913 and 1,292 shares) which reduces insider holdings
• Some ownership lines and totals in the table are ambiguous, requiring supplemental detail for precise post-transaction holdings

Insights

Insider Transactions Analyst

Insider sold shares under a pre-established 10b5-1 plan on 10/01/2025.

The filing documents sales of 1,913 and 1,292 shares executed in multiple trades and a listed disposal of 25,153 shares. The reporting person disclosed the plan adoption date as November 15, 2024, and provided weighted average sale prices of $93.0449 and $93.7434.

This matters because the filing shows the trades were pre-authorized under a Rule 10b5-1 plan, and the execution prices span $92.49–$94.25, details that are relevant to transaction timing and proceeds but do not, by themselves, disclose intent.

Corporate Governance Specialist

Filing confirms required disclosure and use of attorney-in-fact signature on 10/02/2025.

The Form 4 identifies the reporting person as an officer (MD, Chief Banking Officer) and includes an attorney-in-fact signature (P. Blake Allen), indicating the filing was executed promptly after the trades. The explanatory notes include price ranges and a willingness to provide full trade details on request.

That transparency fulfills Section 16 reporting mechanics; the filing contains explicit trade counts and price ranges but does not disclose proceeds or purpose of sales.

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).

1. Name and Address of Reporting Person^*

Woolway Paul V

(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)
	MD, Chief Banking Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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	10/01/2025		S(1)		1,913	D	$93.0449(2)	36,070.1078	I	by Trust
Common Stock	10/01/2025		S(1)		1,292	D	$93.7434(3)	34,778.1078	I	by Trust
Common Stock								25,153	D
Common Stock								7,468	I	by ESPP
Common Stock								1,138.624	I	by Son 1
Common Stock								1,138.624	I	by Son 2

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 10b5-1 trading plan adopted by the reporting person on November 15, 2024.

2. This transaction was executed in multiple trades at prices ranging from $92.49 to $93.44. 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.

3. This transaction was executed in multiple trades at prices ranging from $93.54 to $94.25. 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.

Remarks:

	/s/ P. Blake Allen, Attorney-in-fact	10/02/2025
	** 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.

FAQ

What did Paul V. Woolway (SCHW) report on Form 4?

He reported multiple disposals of Schwab common stock on 10/01/2025, including sales of 1,913 and 1,292 shares and a listed disposal of 25,153 shares.

Were the sales by the SCHW insider pre-authorized?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on November 15, 2024.

What prices were the SCHW shares sold at?

Trades executed across price ranges of $92.49 to $94.25; the Form 4 reports weighted average prices of $93.0449 and $93.7434.

When was the Form 4 filed and signed?

The transaction date is 10/01/2025 and the Form 4 bears an attorney-in-fact signature dated 10/02/2025.

Does the Form 4 show post-transaction ownership?

The filing lists several ownership figures (for example, entries of 36,070.1078 and 34,778.1078 in the table), but some lines are presented without clear labels; the filing offers to provide full trade details on request.