STOCK TITAN
  1. Home
  2. Sec-filings
  3. SCHW
  4. [Form 4] SCHWAB CHARLES CORP Insider Trading Activity

Charles Schwab (NYSE: SCHW) wealth chief exercises options, sells 3,177 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SCHWAB CHARLES CORP (SCHW) reported that officer Neesha Hathi, MD, Head Wealth Adv, Bnk, Tst, exercised a nonqualified stock option for 3,177 shares of common stock at an exercise price of $52.05 per share, originally granted under the company’s 2013 Stock Incentive Plan. The acquired shares were contributed to a trust and, on the same date, that trust sold 3,177 shares of common stock at a weighted average price of $108.1201 per share in multiple trades between $107.805 and $108.725. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2026.

Positive

  • None.

Negative

  • None.
Insider Hathi Neesha
Role MD, Head Wealth Adv, Bnk, Tst
Sold 3,177 shs ($343K)
Approx. gross sale proceeds $343K
Approx. exercise cost $165K
Type Security Shares Price Value
Exercise Nonqualified Stock Option (right to buy) F4 3,177 $0.00 $0.00
Exercise Common Stock F1 3,177 $52.05 $165K
Sale Common Stock F2, F3, F1 3,177 $108.1201 $343K
Holdings After Transaction: Nonqualified Stock Option (right to buy) — 3,177 shares (Direct); Common Stock — 0 shares (Direct); Common Stock — 0 shares (Indirect, by Trust)
Footnotes (4)
  1. F1. Reflects the contribution of the shares received upon exercise of the option to a trust.
  2. F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on May 29, 2026.
  3. F3. This transaction was executed in multiple trades at prices ranging from $107.805 to $108.725. 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 affected.
  4. F4. The option was granted under the company's 2013 Stock Incentive Plan and vested in four equal annual installments beginning on the first anniversary of the grant date.
Option exercise shares 3,177 shares Shares acquired on exercise of nonqualified stock option on August 28, 2026
Option exercise price $52.05 per share Exercise price of nonqualified stock option granted under 2013 Stock Incentive Plan
Shares sold 3,177 shares Common stock sold indirectly by trust on August 28, 2026
Weighted average sale price $108.1201 per share Weighted average price for sales executed between $107.805 and $108.725
Option expiration date March 1, 2028 Expiration of nonqualified stock option exercised for 3,177 shares
Rule 10b5-1 plan adoption date May 29, 2026 Date reporting person adopted trading plan used for the reported sales
Nonqualified Stock Option financial
"security_title: "Nonqualified Stock Option (right to buy)""
A nonqualified stock option (NQSO) is a company grant that gives an individual the right to buy shares at a set price but does not meet special tax rules for incentive stock options; when exercised the difference between the market price and the exercise price is treated as ordinary income for the recipient and as a tax-deductible expense for the company. It matters to investors because NQSOs affect an employee’s after-tax proceeds, the company’s reported expenses, and potential share dilution—think of it like a cash bonus that converts into stock but is taxed as regular pay when you take it.
Rule 10b5-l trading plan regulatory
"sales reported in this Form 4 were effected pursuant to a Rule 10b5-l trading plan"
weighted average sale price financial
"The price reported reflects the weighted average sale price."
2013 Stock Incentive Plan financial
"The option was granted under the company's 2013 Stock Incentive Plan"
indirect financial
"direct_or_indirect: "I" with nature_of_ownership "by Trust""

FAQ

What insider transaction did SCHW officer Neesha Hathi report on this Form 4 for SCHW?
Neesha Hathi reported exercising a nonqualified stock option for 3,177 shares of SCHW common stock at $52.05 per share and the subsequent sale of 3,177 shares of common stock at a weighted average price of $108.1201 per share on August 28, 2026.

What type of derivative security did the SCHW Form 4 transaction involve?
The transaction involved a Nonqualified Stock Option (right to buy) covering 3,177 shares of SCHW common stock, granted under the company’s 2013 Stock Incentive Plan with an exercise price of $52.05 per share and an expiration date of March 1, 2028.

At what prices were the SCHW shares sold in Neesha Hathi’s Form 4 transaction?
The Form 4 reports a weighted average sale price of $108.1201 per SCHW share for 3,177 shares, executed in multiple trades at prices ranging from $107.805 to $108.725, as disclosed in the transaction footnote.

Were Neesha Hathi’s SCHW stock sales made under a Rule 10b5-1 trading plan?
Yes. A footnote states the SCHW sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2026, indicating the trades were pre-arranged under that plan.

How were the SCHW shares from the option exercise held before sale?
A footnote states that the Form 4 reflects the contribution of the shares received upon exercise of the option to a trust. The subsequent sale of 3,177 shares was reported as indirect ownership, described as held “by Trust.”

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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).
X
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*
Hathi Neesha
(Last)(First)(Middle)
3000 SCHWAB WAY
(Street)
WESTLAKE TEXAS 76262
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
SCHWAB CHARLES CORP [ SCHW ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
MD, Head Wealth Adv, Bnk, Tst
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/28/2026M3,177A$52.050(1)D
Common Stock08/28/2026S(2)3,177D$108.1201(3)0(1)Iby Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Nonqualified Stock Option (right to buy)$52.0508/28/2026M3,17703/01/2018(4)03/01/2028Common Stock3,177$03,177D
Explanation of Responses:
1. Reflects the contribution of the shares received upon exercise of the option to a trust.
2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on May 29, 2026.
3. This transaction was executed in multiple trades at prices ranging from $107.805 to $108.725. 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 affected.
4. The option was granted under the company's 2013 Stock Incentive Plan and vested in four equal annual installments beginning on the first anniversary of the grant date.
Remarks:
/s/ P. Blake Allen, Attorney-in-fact08/31/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR