Schwab Charles Corp (SCHW) insider sells 46,410 shares at $108.18 average
Rhea-AI Filing Summary
Charles R. Schwab, Co-Chairman of Schwab Charles Corp, reported an indirect open-market sale of 46,410 shares of common stock on 2026-08-12 at a weighted average price of $108.176 per share, executed in multiple trades between $108.02 and $108.35. After this transaction, an affiliated limited partnership held 30,021,463 shares, and additional indirect holdings reported include 53,775,791 shares by a trust, 44,025 shares by 188 Corp, and 10,624,797.33 shares by the spouse as trustee.
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Insights
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Insider Trade Summary
Net Seller: 46,410 shares
Net Sell
4 txns
Insider
Schwab Charles R.
Role
Co-Chairman
Sold
46,410 shs ($5.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 46,410 | $108.176 | $5.02M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,021,463 shares (Indirect, by Limited Partnership);
Common Stock — 53,775,791 shares (Indirect, by Trust);
Common Stock — 44,025 shares (Indirect, by 188 Corp);
Common Stock — 10,624,797.33 shares (Indirect, by Spouse as Trustee)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $108.02 to $108.35. 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 affected.
Key Figures
Shares sold: 46,410 shares
Weighted average sale price: $108.176 per share
Limited Partnership holdings after sale: 30,021,463 shares
+3 more
6 metrics
Shares sold
46,410 shares
Indirect sale of common stock on 2026-08-12
Weighted average sale price
$108.176 per share
Price for 46,410 sold shares; trades from $108.02 to $108.35
Limited Partnership holdings after sale
30,021,463 shares
Indirect ownership by Limited Partnership following transaction
Trust holdings
53,775,791 shares
Indirect ownership by Trust as of 2026-08-12
188 Corp holdings
44,025 shares
Indirect ownership by 188 Corp as of 2026-08-12
Spouse as Trustee holdings
10,624,797.33 shares
Indirect ownership by spouse as trustee as of 2026-08-12
Key Terms
weighted average sale price, Limited Partnership, indirect ownership
3 terms
weighted average sale price financial
"The price reported reflects the weighted average sale price."
Limited Partnership financial
"indirect ownership noted as 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.
indirect ownership financial
"total_shares_following_transaction reported as indirect ownership"
FAQ
What insider transaction did SCHW Co-Chairman Charles R. Schwab report?
Charles R. Schwab reported an indirect sale of 46,410 shares of SCHW common stock on 2026-08-12. The shares were sold by a limited partnership at a weighted average price of $108.176 per share in multiple trades between $108.02 and $108.35.
What other indirect SCHW holdings are reported for Charles R. Schwab?
Beyond the limited partnership, indirect holdings include 53,775,791 shares by a trust, 44,025 shares by 188 Corp, and 10,624,797.33 shares held by the spouse as trustee. These positions are reported as indirect ownership of SCHW common stock.
Was the SCHW insider sale made under a Rule 10b5-1 trading plan?
The Form 4 does not indicate that the reported sale was made under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox is not marked as an affirmative plan transaction, and the price-related footnote only describes execution ranges and weighted average pricing.
AI-generated analysis. How Rhea-AI works. Not financial advice.