Carolyn Schwab-Pomerantz Disposes 24,000 SCHW Shares via 10b5-1

Q: What did SCHW director Carolyn Schwab-Pomerantz sell?

She sold 14,400 shares at a weighted-average price of $92.5465 and 9,600 shares at $92.5545 on 10/02/2025 .

Q: How many SCHW shares does the reporting person still beneficially own?

The form reports indirect holdings including 1,434,856.6599 shares by a trust and 440,914 shares by spouse as trustee, plus other reported amounts of 9,624 and 2,798 shares.

Q: When was the Form 4 signed?

The filing is signed by an attorney-in-fact on 10/03/2025 .

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Carolyn Schwab-Pomerantz, a director of SCHWAB CHARLES CORP (SCHW), reported sales of company common stock under a Rule 10b5-1 trading plan. On 10/02/2025 she disposed of 14,400 shares at a weighted-average price of $92.5465 and 9,600 shares at a weighted-average price of $92.5545, each sale effected in multiple trades. The filing states the 10b5-1 plan was adopted on August 14, 2024. Following the reported transactions the form lists various beneficial holdings, including 1,434,856.6599 shares indirectly held by a trust and 440,914 shares indirectly held by spouse as trustee; additional holdings of 9,624 and 2,798 shares are also reported with direct or indirect forms. The report is signed by an attorney-in-fact on 10/03/2025.

Positive

Transactions were executed under a Rule 10b5-1 plan, indicating pre-specified trading intent
Significant indirect holdings remain (e.g., 1,434,856.6599 shares held by a trust)

Negative

None.

Insights

Insider sales executed under a pre-existing Rule 10b5-1 plan; holdings remain largely indirect.

The filing documents routine dispositions by director Carolyn Schwab-Pomerantz on 10/02/2025 under a Rule 10b5-1 plan adopted on August 14, 2024, which provides an affirmative defense to insider trading rules when conditions are met.

The reported weighted-average sale prices were approximately $92.55 across multiple trades, and the report shows substantial indirect holdings (e.g., 1,434,856.6599 shares held by a trust), indicating the sales did not extinguish significant ownership. This is a disclosure of insider liquidity activity rather than an operational development.

Insider Trade Summary

Net Seller: 24,000 shares ($2,221,193)

Net Sell 4 txns

Insider Schwab-Pomerantz Carolyn

Role Director

Sold 24,000 shs ($2.22M)

Type	Security	Shares	Price	Value
Sale	Common Stock	14,400	$92.5465	$1.33M
Sale	Common Stock	9,600	$92.5545	$889K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,434,856.66 shares (Indirect, by Trust); Common Stock — 9,624 shares (Direct)

Footnotes (1)

The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 14, 2024. This transaction was executed in multiple trades at prices ranging from $92.185 to $92.93. 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. This transaction was executed in multiple trades at prices ranging from $92.185 to $92.94. 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.

Form 4 Insider Transactions: What Each Field Means →

10/03/2025 - 06:57 PM

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).

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^*

Schwab-Pomerantz Carolyn

(Last)

(First)

(Middle)

3000 SCHWAB WAY

(Street)

WESTLAKE

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/02/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/02/2025		S⁽¹⁾		14,400	D	$92.5465⁽²⁾	1,434,856.6599	I	by Trust
Common Stock	10/02/2025		S⁽¹⁾		9,600	D	$92.5545⁽³⁾	440,914	I	by Spouse as Trustee
Common Stock								9,624	D
Common Stock								2,798	I	by LLC

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 14, 2024.

2. This transaction was executed in multiple trades at prices ranging from $92.185 to $92.93. 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 $92.185 to $92.94. 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	10/03/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did SCHW director Carolyn Schwab-Pomerantz sell?

She sold 14,400 shares at a weighted-average price of $92.5465 and 9,600 shares at $92.5545 on 10/02/2025.

Were the sales part of a Rule 10b5-1 plan for SCHW?

Yes. The filing states the trades were effected pursuant to a Rule 10b5-1 plan adopted on August 14, 2024.

How many SCHW shares does the reporting person still beneficially own?

The form reports indirect holdings including 1,434,856.6599 shares by a trust and 440,914 shares by spouse as trustee, plus other reported amounts of 9,624 and 2,798 shares.

When was the Form 4 signed?

The filing is signed by an attorney-in-fact on 10/03/2025.

Were the sale prices single trades or multiple trades?

Each reported sale was executed in multiple trades; the filing reports weighted-average prices and provides price ranges for the individual trades.