[Form 4] SCHWAB CHARLES CORP Insider Trading Activity
Charles R. Schwab, Co-Chairman of The Charles Schwab Corporation, reported indirect open-market sales totaling 218,600 shares of common stock.
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Rhea-AI Filing Summary
Charles R. Schwab, Co-Chairman of The Charles Schwab Corporation, reported indirect open-market sales totaling 218,600 shares of common stock. The sales, executed by a limited partnership on May 4 and May 6, 2026, were at weighted average prices of $91.5043 and $92.0132 per share.
After these transactions, the limited partnership holds 30,264,768 Schwab shares indirectly. Additional indirect holdings reported include 54,389,641 shares held by a trust, 10,624,797.33 shares held by the spouse as trustee, and 44,025 shares held by 188 Corp., indicating a large remaining overall stake.
Insights
Charles Schwab sold 218,600 SCHW shares indirectly, retaining a very large remaining stake.
The filing shows two indirect open-market sales totaling 218,600 Schwab common shares at weighted average prices of $91.5043 and $92.0132 per share. Both transactions were executed by a limited partnership associated with Charles R. Schwab, rather than through direct personal holdings.
Post‑sale, the limited partnership still holds 30,264,768 shares. Further indirect positions include 54,389,641 shares in a trust, 10,624,797.33 shares via spouse as trustee, and 44,025 shares held by 188 Corp. Relative to these large aggregated indirect holdings, the net sale appears modest in scale, suggesting a routine liquidity move rather than a fundamental change in ownership posture.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 109,300 | $92.0132 | $10.06M |
| Sale | Common Stock | 109,300 | $91.5043 | $10.00M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. This transaction was executed in multiple trades at prices ranging from $91.50 to $91.545. 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 $91.625 to $92.26. 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.
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