Schwab Co-Chairman sells 27,500 SCHW shares
Charles Schwab Corp Co-Chairman Charles R. Schwab reported insider activity involving indirect holdings of the company’s common stock.
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Form Type
4
Rhea-AI Filing Summary
Charles Schwab Corp Co-Chairman Charles R. Schwab reported insider activity involving indirect holdings of the company’s common stock. On May 18, 2026, a limited partnership associated with him sold 27,500 shares in an open-market sale at a weighted-average price of $92.4003 per share, leaving 30,237,268 shares held by that partnership.
On May 15, 2026, a trust associated with him transferred 5,300 shares as a bona fide gift, with 54,384,341 shares remaining in that trust afterward. Additional indirect holdings are reported as 10,624,797.33 shares held by his spouse as trustee and 44,025 shares held by 188 Corp.
Insider Trade Summary
Net Seller: 27,500 shares
Net Sell
4 txns
Insider
Schwab Charles R.
Role
Co-Chairman
Sold
27,500 shs ($2.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 27,500 | $92.4003 | $2.54M |
| Gift | Common Stock | 5,300 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 54,384,341 shares (Indirect, by Trust);
Common Stock — 30,237,268 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)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $92.29 to $92.595. 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.
Key Figures
Shares sold: 27,500 shares
Sale price: $92.4003 per share
LP holdings after sale: 30,237,268 shares
+4 more
7 metrics
Shares sold
27,500 shares
Open-market sale on May 18, 2026 by limited partnership
Sale price
$92.4003 per share
Weighted-average price for May 18, 2026 sale
LP holdings after sale
30,237,268 shares
Indirect ownership by limited partnership following sale
Gifted shares
5,300 shares
Bona fide gift on May 15, 2026 by trust
Trust holdings after gift
54,384,341 shares
Indirect ownership by trust after gifting 5,300 shares
Spouse trust holdings
10,624,797.33 shares
Indirect ownership by spouse as trustee as of May 15, 2026
188 Corp holdings
44,025 shares
Indirect ownership by 188 Corp as of May 15, 2026
Key Terms
open-market sale, bona fide gift, indirect ownership, weighted average sale price, +2 more
6 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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 ownership financial
"ownership_type": "indirect""
weighted average sale price financial
"The price reported reflects the weighted average sale price."
limited partnership financial
"nature_of_ownership": "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.
trustee financial
"nature_of_ownership": "by Spouse as Trustee""
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Charles R. Schwab report at SCHW?
Charles R. Schwab reported an indirect open-market sale of 27,500 Charles Schwab Corp common shares and a separate bona fide gift of 5,300 shares. All transactions involved indirect holdings through entities such as a limited partnership and a trust.
What other indirect SCHW holdings are disclosed for Charles R. Schwab?
The filing lists 10,624,797.33 Charles Schwab Corp shares held by his spouse as trustee and 44,025 shares held by 188 Corp. These positions are reported as indirect ownership interests in addition to the limited partnership and trust holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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