Charles Schwab (NYSE: SCHW) gifts shares, holds 30,021,463 via LP
Rhea-AI Filing Summary
For SCHWAB CHARLES CORP (SCHW), director and Co-Chairman Charles R. Schwab reported two bona fide gifts of common stock held indirectly through a trust: 54,550 shares on August 18, 2026 and 45,500 shares on August 17, 2026, with no sale proceeds reported. The filing also lists indirect holdings after these events of 30,021,463 shares by a limited partnership, 44,025 shares by 188 Corp, and 10,624,797.33 shares held by his spouse as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 100,050 shares
Net Sell
5 txns
Insider
Schwab Charles R.
Role
Co-Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 54,550 | $0.00 | $0.00 |
| Gift | Common Stock | 45,500 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 53,675,741 shares (Indirect, by Trust);
Common Stock — 30,021,463 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)
Key Figures
Gift on 2026-08-18: 54,550 shares
Gift on 2026-08-17: 45,500 shares
Total gifted shares: 100,050 shares
+3 more
6 metrics
Gift on 2026-08-18
54,550 shares
Bona fide gift of SCHW common stock held indirectly by trust
Gift on 2026-08-17
45,500 shares
Bona fide gift of SCHW common stock held indirectly by trust
Total gifted shares
100,050 shares
Sum of reported bona fide gifts of SCHW common stock
Indirect holding by Limited Partnership
30,021,463 shares
SCHW common stock held indirectly by limited partnership
Indirect holding by 188 Corp
44,025 shares
SCHW common stock held indirectly by 188 Corp
Indirect holding by Spouse as Trustee
10,624,797.33 shares
SCHW common stock held indirectly by spouse as trustee
Key Terms
bona fide gift, indirect, nature_of_ownership, transaction_code
4 terms
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.
indirect financial
""ownership_type": "indirect""
nature_of_ownership financial
""nature_of_ownership": "by Limited Partnership""
transaction_code financial
""transaction_code": "G""
FAQ
What insider transactions did Charles R. Schwab report in this Form 4 for SCHW?
Charles R. Schwab reported two bona fide gifts of SCHW common stock, totaling 100,050 shares, made through a trust on August 17 and 18, 2026, with no sale proceeds and classified as indirect ownership.
Were Charles R. Schwab’s SCHW transactions market sales or gifts?
All reported transactions were bona fide gifts of SCHW common stock, coded “G,” with a per-share price of $0.00, indicating transfers without consideration rather than open-market purchases or sales.
What indirect SCHW holdings associated with Charles R. Schwab are shown in this Form 4?
Indirect holdings reported include 30,021,463 shares by a limited partnership, 44,025 shares by 188 Corp, and 10,624,797.33 shares held by his spouse as trustee, all in SCHW common stock.
Does this SCHW Form 4 indicate trading under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed (set to false), and the transactions are reported as bona fide gifts, not as trades pursuant to a pre-arranged 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
