Charles Schwab (SCHW) Co-Chairman logs indirect trust sales of common stock

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Charles Schwab Co-Chairman Charles R. Schwab reported indirect share sales in Charles Schwab Corporation common stock through a trust. On 02/03/2026, a trust associated with him sold 96,625 shares at a weighted average price of $103.7364 per share. On 02/04/2026, the same trust sold 67,975 shares at a weighted average price of $103.8091 per share.

After these sales, the trust held 55,782,729 shares. The filing also lists additional indirect holdings, including 30,641,981 shares held by a limited partnership, 44,025 shares held by 188 Corp, and 9,509,797.33 shares held by his spouse as trustee.

Insider Trade Summary

Net Seller: 164,600 shares ($17,079,953)

Net Sell 5 txns

Insider Schwab Charles R.

Role Co-Chairman

Sold 164,600 shs ($17.08M)

Type	Security	Shares	Price	Value
Sale	Common Stock	67,975	$103.8091	$7.06M
Sale	Common Stock	96,625	$103.7364	$10.02M
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 55,782,729 shares (Indirect, by Trust)

Footnotes (1)

This transaction was executed in multiple trades at prices ranging from $103.50 to $104.30. 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 $103.36 to $104.23. 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 →

02/05/2026 - 09:24 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 Charles R.

(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
X	Officer (give title below)	Other (specify below)
	Co-Chairman

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

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	02/03/2026		S		96,625	D	$103.7364⁽¹⁾	55,850,704	I	by Trust
Common Stock	02/04/2026		S		67,975	D	$103.8091⁽²⁾	55,782,729	I	by Trust
Common Stock								30,641,981	I	by Limited Partnership
Common Stock								44,025	I	by 188 Corp
Common Stock								9,509,797.33	I	by Spouse as Trustee

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. This transaction was executed in multiple trades at prices ranging from $103.50 to $104.30. 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.

2. This transaction was executed in multiple trades at prices ranging from $103.36 to $104.23. 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	02/05/2026
	** 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 insider transaction did Charles Schwab (SCHW) report on this Form 4?

The filing reports indirect sales of Charles Schwab Corporation common stock by a trust associated with Charles R. Schwab. On 02/03/2026 and 02/04/2026, the trust sold 96,625 and 67,975 shares, respectively, at weighted average prices just above $103 per share.

How many Charles Schwab (SCHW) shares did the trust sell and at what prices?

The trust sold 96,625 shares on 02/03/2026 at a weighted average price of $103.7364 and 67,975 shares on 02/04/2026 at a weighted average price of $103.8091. Both transactions were executed in multiple trades within disclosed price ranges.

How many Charles Schwab (SCHW) shares does the reporting trust hold after the sales?

After the reported transactions, the trust associated with Charles R. Schwab held 55,782,729 shares of Charles Schwab Corporation common stock. This figure reflects the position following the 96,625-share sale on 02/03/2026 and the 67,975-share sale on 02/04/2026.

Are the reported Charles Schwab (SCHW) transactions direct or indirect holdings?

All reported positions and sales are indirect holdings. The sales were made "by Trust," and additional indirect holdings are listed as "by Limited Partnership," "by 188 Corp," and "by Spouse as Trustee," indicating ownership through related entities rather than directly by Charles R. Schwab.

What other indirect Charles Schwab (SCHW) holdings are disclosed for Charles R. Schwab?

Besides the trust position, the filing shows 30,641,981 shares held by a limited partnership, 44,025 shares held by 188 Corp, and 9,509,797.33 shares held by his spouse as trustee. These represent additional indirect beneficial ownership stakes in Charles Schwab Corporation common stock.

How were the sale prices for Charles Schwab (SCHW) shares determined in this Form 4?

Each sale price disclosed is a weighted average across multiple trades. One transaction ranged from $103.50 to $104.30, and the other from $103.36 to $104.23. The filing notes that full trade details are available upon request to regulators or security holders.