Charles Schwab (NYSE: SCHW) reports indirect stock sales and gifts
Rhea-AI Filing Summary
Charles R. Schwab, Co‑Chairman of Schwab Charles Corp, reported indirect open‑market sales totaling 143,450 shares of common stock on July 28–29, 2026, at weighted‑average prices of $105.5964 and $105.8152 per share, plus a 60,000‑share bona fide gift from a trust.
After these transactions, interests reported as indirectly held include 30,114,318 shares through a limited partnership, 44,025 shares through 188 Corp, and 10,624,797.33 shares through a trust for which his spouse serves as trustee.
Positive
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 203,450 shares
Net Sell
5 txns
Insider
Schwab Charles R.
Role
Co-Chairman
Sold
143,450 shs ($15.17M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 95,450 | $105.8152 | $10.10M |
| Sale | Common Stock F1 | 48,000 | $105.5964 | $5.07M |
| Gift | Common Stock | 60,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 54,020,841 shares (Indirect, by Trust);
Common Stock — 30,114,318 shares (Indirect, by Limited Partnership);
Common Stock — 44,025 shares (Indirect, by 188 Corp);
Common Stock — 10,624,797.33 shares (Indirect, by Spouse as Trustee)
Footnotes (2)
- F1. This transaction was executed in multiple trades at prices ranging from $105.385 to $105.825. 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.
- F2. This transaction was executed in multiple trades at prices ranging from $105.315 to $106.13. 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.
Key Figures
Shares sold 2026-07-29: 95,450 shares
Shares sold 2026-07-28: 48,000 shares
Gifted shares 2026-07-28: 60,000 shares
+4 more
7 metrics
Shares sold 2026-07-29
95,450 shares
Indirect open-market sale of common stock at weighted-average price $105.8152 via limited partnership
Shares sold 2026-07-28
48,000 shares
Indirect open-market sale of common stock at weighted-average price $105.5964 via trust
Gifted shares 2026-07-28
60,000 shares
Bona fide gift of indirectly held common stock coded as disposition
Total shares sold
143,450 shares
Aggregate of two indirect sales on July 28–29, 2026
Limited partnership holdings
30,114,318 shares
Common stock indirectly held through a limited partnership after the 2026-07-29 sale
188 Corp indirect holdings
44,025 shares
Common stock indirectly held through 188 Corp as of 2026-07-28
Spouse trustee holdings
10,624,797.33 shares
Common stock indirectly held by spouse as trustee as of 2026-07-28
Key Terms
weighted average sale price, bona fide gift, Limited Partnership
3 terms
weighted average sale price financial
"The price reported reflects the weighted average sale price."
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Limited Partnership financial
"nature_of_ownership": "by Limited Partnership""
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
At what prices were Charles Schwab's SCHW stock sales executed?
The reported weighted‑average sale prices were $105.5964 per share on July 28, 2026, and $105.8152 per share on July 29, 2026. Footnotes state each sale was executed in multiple trades within ranges of $105.385–$105.825 and $105.315–$106.13, respectively.
Did Charles R. Schwab make any gifts of SCHW stock?
Yes. The Form 4 shows a 60,000‑share disposition coded as a bona fide gift of Schwab Charles Corp common stock on July 28, 2026. The gifted shares were held indirectly, with the nature of ownership reported as by Trust.
Were Charles Schwab's SCHW trades under a Rule 10b5-1 trading plan?
The Form 4 data indicate the Rule 10b5‑1 checkbox was not affirmed for these trades. The report does not characterize the July 2026 transactions as having been executed pursuant to a Rule 10b5‑1 or other pre‑arranged trading plan.
How is Charles R. Schwab's ownership in SCHW characterized in this Form 4?
All reported positions are characterized as indirect ownership. The shares are held by related entities, including a limited partnership, a trust, 188 Corp, and a trust where his spouse acts as trustee, rather than as directly registered holdings in his own name.